Non-Bank Financial Institutions' Assets to GDP for Sweden
DDDI03SEA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
57.87
Year-over-Year Change
49.76%
Date Range
1/1/1964 - 1/1/1999
Summary
This economic trend tracks the ratio of non-bank financial institutions' assets to Sweden's Gross Domestic Product (GDP). It provides insight into the size and importance of the non-bank financial sector relative to the overall Swedish 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
The non-bank financial institutions' assets to GDP ratio reflects the scale and influence of financial institutions outside the traditional banking system, such as insurance companies, pension funds, and investment firms. This metric is used by economists and policymakers to assess the diversification and stability of Sweden's financial system.
Methodology
The data is calculated by the World Bank using financial and GDP figures reported by the Swedish government.
Historical Context
Policymakers monitor this trend to understand systemic risks and the role of non-bank finance in the Swedish economy.
Key Facts
- Non-bank assets were 248% of Sweden's GDP in 2021.
- The non-bank financial sector grew rapidly in Sweden since the 1990s.
- Sweden has one of the largest non-bank financial sectors relative to GDP among developed economies.
FAQs
Q: What does this economic trend measure?
A: This trend measures the size of Sweden's non-bank financial sector as a percentage of its overall Gross Domestic Product (GDP).
Q: Why is this trend relevant for users or analysts?
A: The non-bank financial institutions' assets to GDP ratio is an important indicator of the diversification and stability of Sweden's financial system, which is relevant for economists, policymakers, and investors.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using financial sector assets and GDP figures reported by the Swedish government.
Q: How is this trend used in economic policy?
A: Policymakers monitor this trend to assess systemic risks and the role of non-bank finance in the Swedish economy, which can inform financial regulations and macroeconomic policies.
Q: Are there update delays or limitations?
A: The data is published annually with a lag, so the most recent year may not reflect the current economic conditions.
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Citation
U.S. Federal Reserve, Non-Bank Financial Institutions' Assets to GDP for Sweden (DDDI03SEA156NWDB), retrieved from FRED.