Use of Financial Services, Liabilities: Outstanding Deposits at Insurance Corporations for Fiji
FJIFCLOFIXDC • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,013,504,325.00
Year-over-Year Change
188.88%
Date Range
1/1/2004 - 1/1/2022
Summary
This economic trend measures the outstanding deposits held by insurance corporations in Fiji. It provides insights into the liabilities and financial services usage in Fiji's insurance 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 Use of Financial Services, Liabilities: Outstanding Deposits at Insurance Corporations for Fiji tracks the total value of deposits held by insurance companies operating in Fiji. This metric offers a window into the overall activity and funding sources within Fiji's insurance industry.
Methodology
The data is collected and reported by the Fiji Bureau of Statistics.
Historical Context
This trend is utilized by economists and policymakers to analyze the financial health and intermediation role of Fiji's insurance sector.
Key Facts
- Fiji is a Pacific island nation known for its tourism industry.
- The insurance sector plays a vital role in Fiji's financial system.
- Outstanding deposits at insurance corporations indicate the scale of financial intermediation.
FAQs
Q: What does this economic trend measure?
A: This trend tracks the total value of deposits held by insurance companies operating in Fiji. It provides insights into the financial activity and liabilities within Fiji's insurance sector.
Q: Why is this trend relevant for users or analysts?
A: This metric is relevant for understanding the scale and funding sources of Fiji's insurance industry, which is an important part of the country's financial system and economic development.
Q: How is this data collected or calculated?
A: The data is collected and reported by the Fiji Bureau of Statistics.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this trend to analyze the financial health and intermediation role of Fiji's insurance sector, which informs decisions around financial regulation and economic development policies.
Q: Are there update delays or limitations?
A: The data is subject to the reporting schedule and methodologies of the Fiji Bureau of Statistics, which may result in occasional update delays or other limitations.
Related Trends
Geographical Outreach: Number of Branches in 3 Largest Cities, Excluding Headquarters, for Other Financial Intermediaries for Fiji
FJIFCBMLNUM
Number of Identified Exporters to Fiji from New Hampshire
NHFJIA475SCEN
Deposit Money Bank Assets to GDP for Fiji
DDDI02FJA156NWDB
Private Credit by Deposit Money Banks to GDP for Fiji
DDDI01FJA156NWDB
Value of Exports to Fiji from Utah
UTFJIA052SCEN
Geographical Outreach, Liabilities: Households' Outstanding Deposits at Other Financial Corporations, Other Financial Intermediaries for Fiji
FJIFCLOFMHXDC
Citation
U.S. Federal Reserve, Use of Financial Services, Liabilities: Outstanding Deposits at Insurance Corporations for Fiji (FJIFCLOFIXDC), retrieved from FRED.