Bahamas: Nonbank financial institutions assets to GDP
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Bahamas |
Nonbank financial institutions assets, percent of GDP |
---|---|
Latest value | 0.63 |
Year | 2020 |
Measure | percent |
Data availability | 1973 - 2020 |
Average | 5.83 |
Min - Max | 0.25 - 14.56 |
Source | The International Monetary Fund |
The latest value from 2020 is 0.63 percent, an increase from 0.37 percent in 2019. In comparison, the world average is 22.40 percent, based on data from 60 countries. Historically, the average for the Bahamas from 1973 to 2020 is 5.83 percent. The minimum value, 0.25 percent, was reached in 2008 while the maximum of 14.56 percent was recorded in 1988.
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Definition: ...Claims on domestic real nonfinancial sector by other financial institutions as a share of GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is other financial institutions' claims, P_e is end-of period CPI, and P_a is average annual CPI. Raw data are from the IMF’s International Financial Statistics.
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Life insurance volume | 1.66 | 2020 | percent |
Non-life insurance premium volume | 3.29 | 2020 | percent |
Insurance company assets | 15.79 | 2018 | percent |
Nonbank financial institutions assets to GDP | 0.63 | 2020 | percent |