Use of Financial Services, Liabilities: Outstanding Deposits at Insurance Corporations for Kyrgyz Republic
KGZFCLOFIXDC • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
178,800,000.00
Year-over-Year Change
545.36%
Date Range
1/1/2004 - 1/1/2015
Summary
This economic trend measures the outstanding deposits held by insurance corporations in the Kyrgyz Republic. It provides insight into the financial services and liabilities of the insurance sector in the country.
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 outstanding deposits at insurance corporations represent the total value of funds deposited with insurance companies operating in the Kyrgyz Republic. This metric is used by economists and policymakers to analyze the financial health and activities of the insurance industry.
Methodology
The data is collected and reported by the National Bank of the Kyrgyz Republic.
Historical Context
This trend is relevant for understanding the broader financial system and investment patterns in the Kyrgyz economy.
Key Facts
- The Kyrgyz Republic is a landlocked country in Central Asia.
- Insurance corporations play a significant role in the Kyrgyz financial sector.
- Deposit-taking is a key function of insurance companies in the country.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of outstanding deposits held by insurance corporations operating in the Kyrgyz Republic.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the financial activities and liabilities of the insurance industry, which is an important component of the broader Kyrgyz financial system.
Q: How is this data collected or calculated?
A: The data is collected and reported by the National Bank of the Kyrgyz Republic.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to monitor the financial health and dynamics of the insurance sector, which can inform decisions about financial regulation and economic stability.
Q: Are there update delays or limitations?
A: The data is subject to the reporting and publication schedule of the National Bank of the Kyrgyz Republic, which may result in occasional delays or gaps.
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Citation
U.S. Federal Reserve, Use of Financial Services, Liabilities: Outstanding Deposits at Insurance Corporations for Kyrgyz Republic (KGZFCLOFIXDC), retrieved from FRED.