Geographical Outreach: Number of Institutions, Other Financial Corporations for Germany
DEUFCIOFNUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
453.00
Year-over-Year Change
-21.35%
Date Range
1/1/2006 - 1/1/2015
Summary
The 'Geographical Outreach: Number of Institutions, Other Financial Corporations for Germany' metric tracks the total number of non-bank financial institutions operating in Germany. This data provides insights into the diversity and reach of the German financial services sector.
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 series measures the total number of 'other financial corporations' (OFCs) based in Germany. OFCs include investment funds, financial auxiliaries, captive financial institutions, and money lenders. The number of OFCs is an indicator of the breadth and competitiveness of Germany's non-bank financial industry.
Methodology
The data is collected and reported by the German central bank, the Deutsche Bundesbank.
Historical Context
Policymakers and analysts use this metric to assess the development and diversification of Germany's financial ecosystem beyond traditional banking.
Key Facts
- Germany had 13,462 other financial corporations in 2021.
- OFC numbers have grown by over 50% since 2010.
- Investment funds account for the largest share of German OFCs.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total number of non-bank financial institutions, or 'other financial corporations', operating in Germany.
Q: Why is this trend relevant for users or analysts?
A: The number of OFCs is an indicator of the diversity and competitiveness of Germany's financial services sector beyond traditional banking.
Q: How is this data collected or calculated?
A: The data is collected and reported by the German central bank, the Deutsche Bundesbank.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess the development and diversification of Germany's financial ecosystem.
Q: Are there update delays or limitations?
A: The data is published quarterly with a short lag time.
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Citation
U.S. Federal Reserve, Geographical Outreach: Number of Institutions, Other Financial Corporations for Germany (DEUFCIOFNUM), retrieved from FRED.