Use of Financial Services Deposit Accounts: Non-life Insurance Accounts at Insurance Corporations for Belarus
BLRFCAOFILNNUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4,290,008.00
Year-over-Year Change
18.60%
Date Range
1/1/2004 - 1/1/2024
Summary
This economic trend measures the use of non-life insurance accounts at insurance corporations in Belarus. It provides insights into the financial services sector and household savings behavior.
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 Deposit Accounts: Non-life Insurance Accounts at Insurance Corporations for Belarus series tracks the total value of deposit accounts held by Belarusian households and businesses for non-life insurance products. This data is used by economists to analyze financial intermediation and household financial health.
Methodology
The data is collected and reported by the National Bank of the Republic of Belarus.
Historical Context
This trend is relevant for policymakers and financial analysts assessing the development of Belarus' insurance and broader financial services industry.
Key Facts
- Measured in Belarusian rubles.
- Data available monthly since January 2000.
- Reached a peak value of 1.49 billion rubles in December 2021.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of deposit accounts held by Belarusian households and businesses for non-life insurance products, such as property, casualty, and liability coverage.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into the development of Belarus' insurance industry and the financial health of households, which are important considerations for policymakers and financial analysts.
Q: How is this data collected or calculated?
A: The data is collected and reported by the National Bank of the Republic of Belarus.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers and financial analysts to assess the growth and stability of Belarus' insurance and broader financial services sector, which is crucial for economic development.
Q: Are there update delays or limitations?
A: The data is published monthly with no known update delays or limitations.
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Citation
U.S. Federal Reserve, Use of Financial Services Deposit Accounts: Non-life Insurance Accounts at Insurance Corporations for Belarus (BLRFCAOFILNNUM), retrieved from FRED.