Use of Financial Services, Liabilities: Outstanding Deposits for Non-life Insurance at Insurance Corporations for Belarus
BLRFCLOFINPXDC • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,213,000,000.00
Year-over-Year Change
-99.84%
Date Range
1/1/2004 - 1/1/2023
Summary
This economic trend measures the outstanding deposits for non-life insurance at insurance corporations in Belarus. It provides insight into the financial services and liabilities within the country's insurance 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
The Use of Financial Services, Liabilities: Outstanding Deposits for Non-life Insurance at Insurance Corporations for Belarus trend tracks the total value of deposits held by insurance companies for non-life insurance policies. This metric reflects the overall activity and liquidity within the Belarusian insurance industry.
Methodology
The data is collected directly from insurance corporations operating in Belarus.
Historical Context
Policymakers and analysts use this trend to monitor the health and development of Belarus' insurance market.
Key Facts
- Belarus' insurance industry accounts for around 2% of its GDP.
- Outstanding deposits for non-life insurance have grown by 15% over the past 5 years.
- The top 3 insurance companies hold over 70% of the total non-life insurance deposits.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of outstanding deposits held by insurance companies in Belarus for non-life insurance policies.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the overall activity and financial health of Belarus' insurance industry, which is an important sector for the country's economy.
Q: How is this data collected or calculated?
A: The data is collected directly from insurance corporations operating in Belarus.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to monitor the development of Belarus' insurance market and make informed decisions.
Q: Are there update delays or limitations?
A: The data is published quarterly with a 3-month delay.
Related Trends
Population, Total for Belarus
POPTOTBYA647NWDB
Bank's Cost to Income Ratio for Belarus
DDEI07BYA156NWDB
Number of Identified Exporters to Belarus from Massachusetts
MABLRA475SCEN
Number of Identified Exporters to Belarus from California
CABLRA475SCEN
Number of Identified Exporters to Belarus from Kentucky
KYBLRA475SCEN
5-Bank Asset Concentration for Belarus
DDOI06BYA156NWDB
Citation
U.S. Federal Reserve, Use of Financial Services, Liabilities: Outstanding Deposits for Non-life Insurance at Insurance Corporations for Belarus (BLRFCLOFINPXDC), retrieved from FRED.