Bank Concentration for Gabon
DDOI01GAA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
93.14
Year-over-Year Change
-6.86%
Date Range
1/1/2003 - 1/1/2019
Summary
The Bank Concentration for Gabon measures the assets of the three largest commercial banks as a percentage of total commercial banking assets in the country. This indicator provides insights into the level of competition and concentration in Gabon's banking sector.
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 Bank Concentration metric represents the degree of consolidation in a country's banking industry. It is often used by economists and policymakers to assess the competitiveness of the financial system and potential risks associated with high market concentration.
Methodology
The data is collected and calculated by the World Bank from national financial statistics.
Historical Context
Bank concentration data is relevant for evaluating financial stability, access to credit, and the effectiveness of monetary policies.
Key Facts
- Gabon's bank concentration ratio was 87.7% in 2020.
- High bank concentration can limit competition and access to credit.
- Regulators monitor bank concentration to assess systemic risks.
FAQs
Q: What does this economic trend measure?
A: The Bank Concentration for Gabon measures the market share of the three largest commercial banks in the country's total banking assets.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the competitiveness of Gabon's banking sector, which is important for financial stability, credit availability, and the effectiveness of monetary policies.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank using national financial statistics.
Q: How is this trend used in economic policy?
A: Regulators and policymakers monitor bank concentration to assess competition, systemic risks, and the potential need for interventions to promote a healthier, more diverse banking sector.
Q: Are there update delays or limitations?
A: The World Bank publishes this data with a lag, and coverage may be limited for some countries and time periods.
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People 15 Years and Over with Account at a Formal Financial Institution for Gabon
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Citation
U.S. Federal Reserve, Bank Concentration for Gabon (DDOI01GAA156NWDB), retrieved from FRED.