Insurance Company Assets to GDP for Sweden
DDDI11SEA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
112.52
Year-over-Year Change
44.12%
Date Range
1/1/1995 - 1/1/2020
Summary
This economic trend measures the ratio of insurance company assets to the Gross Domestic Product (GDP) in Sweden. It provides insight into the size and importance of the insurance sector within the 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 insurance company assets to GDP ratio is an indicator of the relative scale of the insurance industry in a country's economy. It can be used to analyze the development and significance of the insurance sector, which plays a key role in risk management and financial intermediation.
Methodology
The data is calculated by the World Bank using official insurance and GDP statistics.
Historical Context
Policymakers and analysts use this metric to assess the financial depth and development of the Swedish economy.
Key Facts
- Sweden's insurance company assets to GDP ratio was 0.31 in 2020.
- The ratio has increased from 0.25 in 2010, indicating growth in the insurance sector.
- Insurance companies play a crucial role in Sweden's financial system and economy.
FAQs
Q: What does this economic trend measure?
A: This trend measures the ratio of insurance company assets to the Gross Domestic Product (GDP) in Sweden. It provides insight into the size and importance of the insurance sector within the Swedish economy.
Q: Why is this trend relevant for users or analysts?
A: The insurance company assets to GDP ratio is an important indicator of the financial depth and development of the Swedish economy. It is used by policymakers and analysts to assess the scale and significance of the insurance industry.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using official insurance and GDP statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to evaluate the financial sector's role and the overall development of the Swedish economy.
Q: Are there update delays or limitations?
A: The data is published annually by the World Bank with a slight delay, typically within 12-18 months of the reference year.
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Citation
U.S. Federal Reserve, Insurance Company Assets to GDP for Sweden (DDDI11SEA156NWDB), retrieved from FRED.