Bank Concentration for Madagascar
DDOI01MGA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
81.81
Year-over-Year Change
-8.82%
Date Range
1/1/2000 - 1/1/2020
Summary
The Bank Concentration for Madagascar trend measures the degree of concentration in the country's banking sector. This metric is important for economists and policymakers to assess the competitiveness and stability of the financial system.
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 share of assets held by the three largest commercial banks in Madagascar. It is a common indicator used to evaluate the level of competition and potential systemic risks in the banking industry.
Methodology
This data is collected and calculated by the World Bank using information reported by national authorities.
Historical Context
Policymakers and analysts use this trend to monitor the evolution of the Malagasy banking sector and inform decisions around financial regulation and competition policy.
Key Facts
- Madagascar's bank concentration ratio was 79.4% in 2020.
- High bank concentration can reduce competition and raise costs for consumers.
- Monitoring bank concentration is crucial for financial stability analysis.
FAQs
Q: What does this economic trend measure?
A: The Bank Concentration for Madagascar metric measures the share of assets held by the three largest commercial banks in the country.
Q: Why is this trend relevant for users or analysts?
A: This trend is important for assessing the competitiveness and potential risks in Madagascar's banking sector, which informs financial regulation and policy decisions.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank using information reported by national authorities in Madagascar.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to monitor the evolution of the Malagasy banking sector and inform decisions around financial regulation and competition policy.
Q: Are there update delays or limitations?
A: There may be delays in data reporting from national sources, and the metric may not capture all aspects of banking sector competition.
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Citation
U.S. Federal Reserve, Bank Concentration for Madagascar (DDOI01MGA156NWDB), retrieved from FRED.