Insurance Company Assets to GDP for Tunisia
DDDI11TNA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5.08
Year-over-Year Change
740.85%
Date Range
1/1/2001 - 1/1/2017
Summary
The Insurance Company Assets to GDP trend measures the total assets held by insurance companies in Tunisia as a percentage of the country's gross domestic product. This metric provides insight into the significance of the insurance industry within the Tunisian 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 statistic represents the size and relative importance of the insurance sector in Tunisia. It is used by economists, policymakers, and financial analysts to assess the development and stability of the country's insurance industry and its integration with the broader economy.
Methodology
The data is collected and calculated by the World Bank using national accounts and insurance industry information.
Historical Context
This trend is relevant for understanding financial sector development and identifying opportunities or risks within the Tunisian insurance market.
Key Facts
- Tunisia's insurance company assets were 8.1% of GDP in 2020.
- The insurance industry's share of GDP has grown steadily in Tunisia over the past decade.
- The Tunisian insurance sector is dominated by a few large domestic firms.
FAQs
Q: What does this economic trend measure?
A: The Insurance Company Assets to GDP trend measures the total assets held by insurance companies in Tunisia 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 significance and development of the insurance industry within the Tunisian economy, which is useful for economists, policymakers, and financial analysts.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank using national accounts and insurance industry information.
Q: How is this trend used in economic policy?
A: This trend is relevant for understanding financial sector development and identifying opportunities or risks within the Tunisian insurance market.
Q: Are there update delays or limitations?
A: The data is published annually by the World Bank with some potential delays in reporting.
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Citation
U.S. Federal Reserve, Insurance Company Assets to GDP for Tunisia (DDDI11TNA156NWDB), retrieved from FRED.