Table 1 Relative Share of Total Financial Intermediary Assets (in Percent) US Data

 

1960

1970

1980

1990

1994

1999

Depository Institutions

 

 

 

 

 

 

  Banks

38.6

38.5

37.2

30.4

28.6

22.6

  S&L (Mutual Savings)

19.0

19.4

19.6

12.5

7.0

4.3

  Credit Unions

1.1

1.4

1.6

2.0

2.0

1.6

Total Depository Institutions

58.7

59.3

58.4

44.9

37.6

27.5

Insurance Companies

24.0

19.1

16.0

16.4

17.6

14.9

Pension Funds

 

 

 

 

 

 

   Private

6.4

8.4

12.5

14.9

16.2

18.7

   Public (state and local)

3.3

4.6

4.9

6.7

8.4

11.0

Finance Companies

4.7

4.9

5.1

5.6

5.3

3.7

Mutual Funds

 

 

 

 

 

 

  Stock and Bond

2.9

3.6

1.7

5.9

10.8

17.2

  Money Market

NA

NA

1.9

4.6

4.2

6.0

 

 

 

 

 

 

 

 

Total

 

100.0

100.0

100.0

100.0

100.0

100.0

 

 

 

 

 

 

 

 

Source: US Board of Governors, Flow of Funds

 


 

Table 2 Relative Share of Total Financial Intermediary Assets (in Percent) UK Data 1913-1995

 

 

1913

1930

1939

1950

1960

1970

1980

1990

1995

Banks

64

60

55

65

40

30

31

33

28

Building Societies

4

8

12

9

12

18

22

17

11

Insurance Companies

32

31

32

26

30

28

23

23

30

Pension Funds

NA

NA

NA

NA

14

16

18

25

27

Investment Trusts

NA

NA

NA

NA

NA

7

4

3

3

Finance Companies

NA

NA

NA

NA

NA

1

1

1

1

Total as % of GDP

71

99

109

112

106

131

129

251

310

 

Source: The Complete Finance Companion, 1998.