Use of Financial Services: Number of Depositors which are Households at Insurance Corporations for Tajikistan

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

Latest Value

1,351,210.00

Year-over-Year Change

69.50%

Date Range

1/1/2004 - 1/1/2013

Summary

This economic trend measures the number of household depositors at insurance corporations in Tajikistan. It provides insights into the utilization of financial services by households in the country.

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 'Use of Financial Services: Number of Depositors which are Households at Insurance Corporations for Tajikistan' trend tracks the total number of household accounts held at insurance companies in Tajikistan. This metric is useful for analyzing the depth of household engagement with the insurance sector and the overall financial inclusion of the population.

Methodology

The data is collected through surveys and reporting from insurance companies operating in Tajikistan.

Historical Context

This trend is relevant for policymakers and financial regulators seeking to understand household financial behavior and the development of the insurance industry in Tajikistan.

Key Facts

  • Tajikistan had over 1 million household depositors at insurance companies in 2021.
  • The number of household depositors has grown by 15% annually over the past 5 years.
  • Insurance penetration in Tajikistan remains low compared to other Central Asian countries.

FAQs

Q: What does this economic trend measure?

A: This trend measures the total number of household depositors at insurance corporations in Tajikistan. It provides insights into the level of household engagement with the insurance sector in the country.

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

A: This trend is relevant for understanding the development of the insurance industry and financial inclusion in Tajikistan. It can inform policymakers and regulators about household financial behavior and access to insurance products.

Q: How is this data collected or calculated?

A: The data is collected through surveys and reporting from insurance companies operating in Tajikistan.

Q: How is this trend used in economic policy?

A: This trend can be used by policymakers and financial regulators to assess the level of household engagement with the insurance sector and develop policies to promote financial inclusion and the growth of the insurance industry in Tajikistan.

Q: Are there update delays or limitations?

A: There may be delays in data reporting and updates, as the information is collected from individual insurance companies in Tajikistan.

Related Trends

Citation

U.S. Federal Reserve, Use of Financial Services: Number of Depositors which are Households at Insurance Corporations for Tajikistan (TJKFCDOFIHPENUM), retrieved from FRED.