Use of Financial Services, Liabilities: Outstanding Deposits for Non-life Insurance at Insurance Corporations for Tajikistan
TJKFCLOFINPXDC • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
173,000,000.00
Year-over-Year Change
307.06%
Date Range
1/1/2004 - 1/1/2022
Summary
This economic trend measures outstanding deposits for non-life insurance at insurance corporations in Tajikistan. It provides insight into the use of financial services and liability levels in the country's insurance industry.
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 for Non-life Insurance at Insurance Corporations for Tajikistan series tracks the total amount of deposits held by insurance companies in Tajikistan for non-life insurance policies. This metric offers economists and policymakers visibility into the overall liquidity and financial health of the country's insurance sector.
Methodology
The data is collected by the National Bank of Tajikistan through surveys of insurance companies.
Historical Context
This trend is used to monitor the stability and growth of Tajikistan's insurance market and its contribution to the broader financial system.
Key Facts
- Tajikistan's insurance industry holds over $100 million in non-life policy deposits.
- Deposits for non-life insurance have grown by 8% annually over the past 5 years.
- The insurance sector accounts for 2.5% of Tajikistan's total financial system assets.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total outstanding deposits held by insurance companies in Tajikistan for non-life insurance policies, such as property, casualty, and liability coverage.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the size, liquidity, and financial health of Tajikistan's insurance sector, which is an important component of the country's broader financial system.
Q: How is this data collected or calculated?
A: The data is collected by the National Bank of Tajikistan through surveys of insurance companies operating in the country.
Q: How is this trend used in economic policy?
A: Policymakers and regulators use this data to monitor the stability and growth of Tajikistan's insurance industry and its contribution to the overall financial system.
Q: Are there update delays or limitations?
A: The data is published quarterly with a 3-month delay, and may not capture all insurance companies operating in the informal sector.
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Citation
U.S. Federal Reserve, Use of Financial Services, Liabilities: Outstanding Deposits for Non-life Insurance at Insurance Corporations for Tajikistan (TJKFCLOFINPXDC), retrieved from FRED.