Use of Financial Services, Liabilities: Outstanding Deposits at Insurance Corporations for Tunisia
TUNFCLOFIXDC • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
7,413,200,000.00
Year-over-Year Change
223.16%
Date Range
1/1/2004 - 1/1/2022
Summary
This economic trend measures the outstanding deposits held at insurance corporations in Tunisia. It provides insight into the utilization of financial services and the overall liquidity in the Tunisian 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 at Insurance Corporations for Tunisia metric represents the total value of deposits held by insurance companies operating in the Tunisian market. This data point is an important indicator of the financial health and intermediation capacity of the insurance sector.
Methodology
The data is collected by the Central Bank of Tunisia through surveys of insurance companies.
Historical Context
This trend is relevant for policymakers and financial analysts monitoring the development of Tunisia's insurance industry and broader financial system.
Key Facts
- Tunisia's insurance industry holds over $1 billion in outstanding deposits.
- Deposits at insurance companies make up a significant portion of the country's total financial system liabilities.
- The trend in insurance deposits is closely watched as an indicator of consumer confidence and liquidity in the Tunisian market.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of outstanding deposits held by insurance companies operating in the Tunisian market.
Q: Why is this trend relevant for users or analysts?
A: The level of deposits at insurance corporations provides insight into the utilization of financial services and the overall liquidity in the Tunisian insurance industry, which is of interest to policymakers and financial analysts.
Q: How is this data collected or calculated?
A: The data is collected by the Central Bank of Tunisia through surveys of insurance companies operating in the country.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers and regulators to monitor the development and stability of Tunisia's insurance sector and broader financial system.
Q: Are there update delays or limitations?
A: The data is published with a slight delay, typically a few months after the end of the reporting period.
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Citation
U.S. Federal Reserve, Use of Financial Services, Liabilities: Outstanding Deposits at Insurance Corporations for Tunisia (TUNFCLOFIXDC), retrieved from FRED.