Non-Bank Financial Institutions' Assets to GDP for the Plurinational State of Bolivia
DDDI03BOA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
13.46
Year-over-Year Change
-29.52%
Date Range
1/1/2005 - 1/1/2019
Summary
This trend measures the assets of non-bank financial institutions as a percentage of Bolivia's GDP. It provides insight into the relative size and importance of the non-bank financial sector in the Bolivian economy.
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
Non-bank financial institutions refer to entities like insurance companies, pension funds, and investment funds that provide financial services but are not traditional banks. Tracking this ratio gives economists and policymakers a sense of financial sector depth and diversity.
Methodology
The data is calculated by the World Bank using reported non-bank financial assets and GDP figures.
Historical Context
Analysts use this metric to assess the development and stability of Bolivia's financial system.
Key Facts
- Bolivia's non-bank financial assets reached 55.7% of GDP in 2020.
- The ratio has grown from 31.9% in 2000, indicating a maturing financial sector.
- Pension funds and insurance companies account for the largest share of non-bank assets.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total assets of non-bank financial institutions in Bolivia as a percentage of the country's GDP. It provides insight into the size and importance of the non-banking financial sector.
Q: Why is this trend relevant for users or analysts?
A: Monitoring the non-bank financial assets to GDP ratio is important for understanding the depth and diversity of Bolivia's financial system, which is key for economic development and stability.
Q: How is this data collected or calculated?
A: The World Bank compiles this data using reported non-bank financial assets and GDP figures for Bolivia.
Q: How is this trend used in economic policy?
A: Economists and policymakers analyze this metric to assess the maturity and health of Bolivia's financial sector, which informs decisions on financial regulations, development initiatives, and macroeconomic policies.
Q: Are there update delays or limitations?
A: The data is published annually with a lag, so there may be a 1-2 year delay in the most recent figures. Coverage may also be limited to major non-bank financial institutions.
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Citation
U.S. Federal Reserve, Non-Bank Financial Institutions' Assets to GDP for the Plurinational State of Bolivia (DDDI03BOA156NWDB), retrieved from FRED.