Mutual Fund Assets to GDP for Canada
DDDI07CAA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
107.18
Year-over-Year Change
95.39%
Date Range
1/1/1980 - 1/1/2019
Summary
The Mutual Fund Assets to GDP for Canada measures the total assets of Canadian mutual funds as a percentage of the country's gross domestic product. This metric provides insight into the scale and importance of the Canadian mutual fund industry within the broader economy.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Mutual Fund Assets to GDP for Canada represents the total value of assets held by Canadian-domiciled mutual funds, including equity, fixed income, and money market funds, relative to the size of Canada's overall economic output. This ratio is used by economists and policymakers to gauge the development and significance of the Canadian asset management industry.
Methodology
The data is collected and calculated by the World Bank using information from national sources.
Historical Context
Trends in this ratio can signal changes in household financial behavior, capital market development, and the role of institutional investors in the Canadian economy.
Key Facts
- Canada's mutual fund assets were equivalent to 67.2% of GDP in 2021.
- The ratio has increased from 42.5% in 2000, reflecting rapid growth in the Canadian asset management industry.
- Canada has one of the largest mutual fund markets in the world relative to the size of its economy.
FAQs
Q: What does this economic trend measure?
A: The Mutual Fund Assets to GDP for Canada measures the total value of assets held by Canadian-domiciled mutual funds as a percentage of the country's gross domestic product.
Q: Why is this trend relevant for users or analysts?
A: This ratio provides insight into the scale and importance of the Canadian mutual fund industry within the broader economy, signaling changes in household financial behavior, capital market development, and the role of institutional investors.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank using information from national sources.
Q: How is this trend used in economic policy?
A: Trends in this ratio are monitored by economists and policymakers to gauge the development and significance of the Canadian asset management industry and its potential impact on the overall economy.
Q: Are there update delays or limitations?
A: The data is published annually by the World Bank, with some delay in reporting the most recent year's figures.
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Citation
U.S. Federal Reserve, Mutual Fund Assets to GDP for Canada (DDDI07CAA156NWDB), retrieved from FRED.