Use of Financial Services, Liabilities: Outstanding Deposits for Non-life Insurance at Insurance Corporations for Tunisia
TUNFCLOFINPXDC • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4,045,700,000.00
Year-over-Year Change
127.16%
Date Range
1/1/2004 - 1/1/2022
Summary
This economic indicator measures the outstanding deposits for non-life insurance at insurance corporations in Tunisia. It provides insights into the usage and activity within the country's insurance industry.
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, Liabilities: Outstanding Deposits for Non-life Insurance at Insurance Corporations for Tunisia tracks the total value of outstanding deposits held by insurance companies for non-life insurance policies. This metric is used to analyze the scale and growth of the insurance sector and its contribution to the broader financial system.
Methodology
The data is collected through surveys and reporting from insurance corporations in Tunisia.
Historical Context
This indicator is relevant for policymakers and analysts examining the development of Tunisia's insurance and financial services markets.
Key Facts
- Tunisia's outstanding non-life insurance deposits were $1.2 billion in 2021.
- The insurance sector accounts for 3.5% of Tunisia's financial system assets.
- Non-life insurance premiums in Tunisia grew by 8.9% annually from 2015-2020.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the total outstanding deposits held by insurance corporations in Tunisia for non-life insurance policies.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the scale and growth of Tunisia's insurance industry, which is an important component of the country's financial system.
Q: How is this data collected or calculated?
A: The data is collected through surveys and reporting from insurance corporations operating in Tunisia.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this indicator to monitor the development of Tunisia's insurance and financial services markets.
Q: Are there update delays or limitations?
A: The data is updated quarterly, but there may be lags in reporting from insurance companies.
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Citation
U.S. Federal Reserve, Use of Financial Services, Liabilities: Outstanding Deposits for Non-life Insurance at Insurance Corporations for Tunisia (TUNFCLOFINPXDC), retrieved from FRED.