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
Source: World Bank
Release: Global Financial Development
World Bank, Mutual Fund Assets to GDP for Australia [DDDI07AUA156NWDB], retrieved from FRED, Federal Reserve Bank of St. Louis https://research.stlouisfed.org/fred2/series/DDDI07AUA156NWDB/, July 31, 2015.