Insurance Company Assets to GDP for Brazil
DDDI11BRA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
17.21
Year-over-Year Change
132.10%
Date Range
1/1/2000 - 1/1/2020
Summary
The 'Insurance Company Assets to GDP for Brazil' metric measures the ratio of total assets held by insurance companies to the country's Gross Domestic Product (GDP). This provides insight into the size and importance of the insurance industry within Brazil's overall 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
This indicator represents the value of assets held by insurance companies in Brazil as a percentage of the nation's GDP. It is used to assess the relative size and significance of the insurance sector compared to the broader economy. Analysts and policymakers monitor this trend to understand the insurance industry's role and development within Brazil.
Methodology
The data is calculated by the World Bank using national accounts and insurance industry statistics.
Historical Context
Trends in this metric are relevant for evaluating the growth and financial health of Brazil's insurance market and its integration with the broader economic landscape.
Key Facts
- Brazil's insurance company assets were 13.4% of GDP in 2020.
- The insurance industry's share of GDP has grown from 10% in 2010 to over 13% in 2020.
- Brazil ranks among the top 10 insurance markets globally by premium volume.
FAQs
Q: What does this economic trend measure?
A: The 'Insurance Company Assets to GDP for Brazil' metric measures the ratio of total assets held by insurance companies to the country's Gross Domestic Product (GDP).
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insight into the size and importance of the insurance industry within Brazil's overall economy, which is useful for evaluating the growth and financial health of the insurance market.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using national accounts and insurance industry statistics.
Q: How is this trend used in economic policy?
A: Trends in this metric are relevant for policymakers and analysts to understand the insurance industry's role and development within Brazil's broader economic landscape.
Q: Are there update delays or limitations?
A: The World Bank publishes this data with occasional delays, and the metric may not capture all insurance assets or activities within Brazil.
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Citation
U.S. Federal Reserve, Insurance Company Assets to GDP for Brazil (DDDI11BRA156NWDB), retrieved from FRED.