Mutual Fund Assets to GDP for Luxembourg
DDDI07LUA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
8,330.59
Year-over-Year Change
127.81%
Date Range
1/1/2000 - 1/1/2020
Summary
This economic trend measures the total assets of mutual funds in Luxembourg as a percentage of the country's GDP. It provides insight into the size and importance of Luxembourg's mutual fund industry.
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 Luxembourg ratio tracks the combined assets held by investment funds domiciled in Luxembourg, divided by the country's gross domestic product. This metric is used to assess the financial significance and growth of Luxembourg's mutual fund sector within its overall economy.
Methodology
The data is collected and calculated by the World Bank using national account statistics and mutual fund industry data.
Historical Context
This trend is closely watched by policymakers, analysts, and investors to gauge the competitiveness and systemic importance of Luxembourg's asset management industry.
Key Facts
- Luxembourg is a global center for investment funds, with over $5 trillion in total assets.
- Mutual funds make up over 3.5 times Luxembourg's GDP, one of the highest ratios worldwide.
- The asset management industry accounts for over 9% of Luxembourg's total economic output.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total assets held by investment funds domiciled in Luxembourg as a percentage of the country's GDP.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the size and importance of Luxembourg's mutual fund industry within its overall economy, which is critical for investors, policymakers, and analysts.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank using national account statistics and mutual fund industry data.
Q: How is this trend used in economic policy?
A: This trend is closely watched by policymakers to gauge the competitiveness and systemic importance of Luxembourg's asset management industry, which is a key driver of the country's economic growth.
Q: Are there update delays or limitations?
A: The data is published annually by the World Bank with a slight delay, but it provides a comprehensive view of the mutual fund industry's role in Luxembourg's economy.
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Citation
U.S. Federal Reserve, Mutual Fund Assets to GDP for Luxembourg (DDDI07LUA156NWDB), retrieved from FRED.