Insurance Company Assets to GDP for Portugal
DDDI11PTA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
27.04
Year-over-Year Change
-14.60%
Date Range
1/1/1995 - 1/1/2020
Summary
The Insurance Company Assets to GDP for Portugal measures the total assets held by insurance companies as a percentage of the country's gross domestic product. This metric provides insight into the size and importance of the insurance sector within the Portuguese 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 Insurance Company Assets to GDP ratio tracks the value of assets held by insurance companies in Portugal, including life, non-life, and reinsurance providers. This indicator offers perspective on the scale and significance of the insurance industry relative to the overall Portuguese economy.
Methodology
The data is collected and calculated by the World Bank from national accounts and insurance industry sources.
Historical Context
Policymakers and analysts use this metric to assess the development and role of the insurance sector in Portugal's financial system and economic growth.
Key Facts
- Portugal's Insurance Company Assets to GDP ratio was 10.99% in 2021.
- The ratio has increased from 8.87% in 2011, indicating insurance industry growth.
- Portugal's ratio is higher than the OECD average of around 8% of GDP.
FAQs
Q: What does this economic trend measure?
A: The Insurance Company Assets to GDP for Portugal measures the total assets held by insurance companies as a percentage of the country's gross domestic product.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the size and importance of the insurance sector within the Portuguese economy, which is relevant for policymakers and financial analysts.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank from national accounts and insurance industry sources.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess the development and role of the insurance sector in Portugal's financial system and economic growth.
Q: Are there update delays or limitations?
A: The data is updated annually, and there may be some delays in the availability of the most recent figures.
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Citation
U.S. Federal Reserve, Insurance Company Assets to GDP for Portugal (DDDI11PTA156NWDB), retrieved from FRED.