Insurance Company Assets to GDP for Fiji
DDDI11FJA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
19.76
Year-over-Year Change
37.95%
Date Range
1/1/2006 - 1/1/2020
Summary
The 'Insurance Company Assets to GDP for Fiji' metric measures the ratio of insurance company assets to the country's gross domestic product, providing insights into the size and importance of the insurance industry within Fiji's 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 economic indicator offers a snapshot of the insurance sector's role and development in Fiji. It is used by policymakers, analysts, and investors to assess the financial depth and stability of Fiji's insurance market and its overall economic landscape.
Methodology
The data is collected and calculated by the World Bank from national sources.
Historical Context
This metric is relevant for understanding Fiji's financial sector development and can inform economic and regulatory policies.
Key Facts
- Fiji's insurance company assets to GDP ratio was 4.9% in 2020.
- The insurance industry in Fiji has grown steadily over the past decade.
- Fiji's insurance sector plays a crucial role in the country's financial system.
FAQs
Q: What does this economic trend measure?
A: The 'Insurance Company Assets to GDP for Fiji' metric measures the size of the insurance industry relative to the country's overall economic output.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insights into the financial depth and development of Fiji's insurance market, which is important for policymakers, investors, and analysts assessing the country's economic and financial stability.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank from national sources.
Q: How is this trend used in economic policy?
A: This metric can inform economic and regulatory policies related to the insurance industry and financial sector development in Fiji.
Q: Are there update delays or limitations?
A: The data may be subject to delays in reporting and publication by national sources and the World Bank.
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Citation
U.S. Federal Reserve, Insurance Company Assets to GDP for Fiji (DDDI11FJA156NWDB), retrieved from FRED.