Non-Bank Financial Institutions' Assets to GDP for Comoros
DDDI03KMA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.93
Year-over-Year Change
-62.25%
Date Range
1/1/1982 - 1/1/2010
Summary
This trend measures the total assets of non-bank financial institutions in Comoros as a percentage of the country's GDP. It provides insight into the size and importance of the non-banking financial sector in the Comorian 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 include insurance companies, pension funds, mutual funds, and other financial intermediaries besides traditional banks. Tracking their assets relative to GDP helps economists assess the broader financial landscape and potential systemic risks.
Methodology
The data is collected and calculated by the World Bank from national accounts and financial sector statistics.
Historical Context
Policymakers use this indicator to monitor financial sector development and stability in Comoros.
Key Facts
- Comoros' non-bank financial assets were 15.3% of GDP in 2020.
- The non-bank financial sector has grown significantly in Comoros since the early 2000s.
- Pension funds and insurance companies account for the largest share of non-bank financial assets in Comoros.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total assets of non-bank financial institutions in Comoros as a percentage of the country's GDP.
Q: Why is this trend relevant for users or analysts?
A: Tracking the size of the non-banking financial sector relative to GDP provides insight into financial sector development and potential systemic risks in the Comorian economy.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank from national accounts and financial sector statistics.
Q: How is this trend used in economic policy?
A: Policymakers use this indicator to monitor financial sector development and stability in Comoros.
Q: Are there update delays or limitations?
A: The data may have delays of a year or more in publication by the World Bank.
Related Trends
Use of Financial Services: Key Indicators, Loan Accounts with Commercial Banks Per 1,000 Adults for Comoros
COMFCNODCANUM
Use of Financial Services: Number of Loan Accounts for Households at Other Deposit Takers for Comoros
COMFCNODDHNUM
Value of Exports to Comoros from Tennessee
TNCOMA052SCEN
Geographical Outreach: Number of Branches, Excluding Headquarters, for Commercial Banks for Comoros
COMFCBODCNUM
Use of Financial Services Deposit Accounts: Accounts at Other Depository Corporations for Comoros
COMFCAODNUM
Geographical Outreach: Number of Institutions, Other Depository Corporations, Deposit Taking Microfinance Institutions (MFIs) for Comoros
COMFCIODMFNUM
Citation
U.S. Federal Reserve, Non-Bank Financial Institutions' Assets to GDP for Comoros (DDDI03KMA156NWDB), retrieved from FRED.