Pension Fund Assets to GDP for Slovakia

DDDI13SKA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

14.33

Year-over-Year Change

209.67%

Date Range

1/1/2005 - 1/1/2020

Summary

The Pension Fund Assets to GDP for Slovakia measures the ratio of pension fund assets to the country's gross domestic product. This metric provides insight into the size and importance of the pension system within the Slovak 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

Pension fund assets represent the accumulated financial resources held by private and public pension funds operating in Slovakia. The ratio of these assets to GDP indicates the relative scale of the pension system compared to the overall economy.

Methodology

The data is collected and reported by the World Bank, based on national accounts and pension fund industry statistics.

Historical Context

Policymakers and analysts use this trend to assess the development and role of the pension system in supporting retirement income and capital markets in Slovakia.

Key Facts

  • Slovakia's pension fund assets were 7.8% of GDP in 2020.
  • The pension system assets have grown from 5.1% of GDP in 2010.
  • Pension funds hold a relatively small share of the Slovak economy compared to other OECD countries.

FAQs

Q: What does this economic trend measure?

A: The Pension Fund Assets to GDP for Slovakia measures the ratio of pension fund assets to the country's gross domestic product. It provides insight into the size and importance of the pension system within the Slovak economy.

Q: Why is this trend relevant for users or analysts?

A: This trend is relevant for policymakers and analysts to assess the development and role of the pension system in supporting retirement income and capital markets in Slovakia.

Q: How is this data collected or calculated?

A: The data is collected and reported by the World Bank, based on national accounts and pension fund industry statistics.

Q: How is this trend used in economic policy?

A: Policymakers and analysts use this trend to understand the relative scale of the pension system compared to the overall Slovak economy and its implications for retirement security and financial market development.

Q: Are there update delays or limitations?

A: The data is reported annually by the World Bank with a delay of approximately one year.

Related Trends

Citation

U.S. Federal Reserve, Pension Fund Assets to GDP for Slovakia (DDDI13SKA156NWDB), retrieved from FRED.