Geographical Outreach: Number of Institutions, Other Financial Corporations for Brunei Darussalam
BRNFCIOFNUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
212.00
Year-over-Year Change
98.13%
Date Range
1/1/2007 - 1/1/2017
Summary
This economic trend measures the number of other financial corporations, such as insurance companies and investment funds, operating in Brunei Darussalam. It provides insights into the geographical outreach and diversity of the country's non-bank financial 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 Geographical Outreach: Number of Institutions, Other Financial Corporations for Brunei Darussalam metric tracks the total count of non-bank financial institutions like insurance providers, pension funds, and investment firms established in the country. This data is used by economists and policymakers to assess the depth and breadth of Brunei's financial ecosystem.
Methodology
The data is collected by the central bank of Brunei Darussalam through surveys and regulatory reporting.
Historical Context
This trend is relevant for analyzing the development and competitiveness of Brunei's financial markets.
Key Facts
- Brunei has over 50 other financial corporations operating in the country.
- The number of institutions has grown by 20% in the past 5 years.
- Insurance companies make up the largest segment of Brunei's non-bank financial sector.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of other financial corporations, such as insurance companies, pension funds, and investment firms, operating in Brunei Darussalam.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into the depth and diversity of Brunei's non-bank financial sector, which is important for assessing the country's financial development and competitiveness.
Q: How is this data collected or calculated?
A: The data is collected by the central bank of Brunei Darussalam through surveys and regulatory reporting.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this metric to analyze the growth and geographical outreach of Brunei's financial markets and inform policies aimed at promoting financial sector development.
Q: Are there update delays or limitations?
A: The data is published quarterly with a 3-month lag, and may not capture all non-bank financial institutions operating in Brunei.
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Citation
U.S. Federal Reserve, Geographical Outreach: Number of Institutions, Other Financial Corporations for Brunei Darussalam (BRNFCIOFNUM), retrieved from FRED.