Source: World Bank
Release: Global Financial Development
Ratio of assets of mutual funds to GDP. A mutual fund is a type of managed collective investment scheme that pools money from many investors to purchase securities.
Data taken from a variety of sources such as Investment Company Institute and national sources. (World Bank - Non banking financial database)
Source Code: GFDD.DI.07
World Bank, Mutual Fund Assets to GDP for Australia [DDDI07AUA156NWDB], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/DDDI07AUA156NWDB, May 18, 2022.