Pension Fund Assets to GDP for Spain
DDDI13ESA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
10.51
Year-over-Year Change
46.50%
Date Range
1/1/1998 - 1/1/2020
Summary
The 'Pension Fund Assets to GDP for Spain' trend measures the ratio of pension fund assets to the country's gross domestic product (GDP), providing insights into the scale and importance of the private pension system.
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 tracks the size of Spain's private pension system relative to the overall economy. It offers valuable insights into the nation's retirement savings and the role of private pensions in supporting financial security and economic stability.
Methodology
The data is collected and calculated by the World Bank using national account statistics and pension fund asset values.
Historical Context
Policymakers and market analysts use this trend to assess the development and resilience of Spain's pension system and its potential impacts on the broader economy.
Key Facts
- Spain's pension fund assets-to-GDP ratio was 11.6% in 2020.
- The trend has increased from 5.6% in 2001, reflecting growing private pension savings.
- Spain's pension fund assets are lower as a share of GDP compared to other European countries.
FAQs
Q: What does this economic trend measure?
A: The 'Pension Fund Assets to GDP for Spain' trend measures the size of Spain's private pension system relative to the country's overall economic output, or GDP.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the development and importance of private pensions in Spain, which is relevant for assessing the nation's retirement savings, financial stability, and potential economic impacts.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank using national account statistics and pension fund asset values.
Q: How is this trend used in economic policy?
A: Policymakers and market analysts use this trend to evaluate the role of private pensions in Spain's financial system and their potential impacts on the broader economy.
Q: Are there update delays or limitations?
A: The data is updated annually by the World Bank, with potential delays in reporting.
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Citation
U.S. Federal Reserve, Pension Fund Assets to GDP for Spain (DDDI13ESA156NWDB), retrieved from FRED.