Bank Concentration for Panama
DDOI01PAA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
43.77
Year-over-Year Change
-38.16%
Date Range
1/1/2000 - 1/1/2021
Summary
The Bank Concentration for Panama metric measures the percentage of total banking assets held by the three largest commercial banks in the country. This statistic is closely watched by economists and policymakers as an indicator of market competition and financial stability.
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 provides insight into the level of consolidation within Panama's banking sector. High concentration can signal a lack of competition, which may impact consumer choice and pricing. Analysts use this data to assess financial system risks and the effectiveness of regulatory oversight.
Methodology
The data is calculated annually by the World Bank using national banking sector statistics.
Historical Context
Policymakers monitor bank concentration to ensure healthy market competition and resilience in the financial system.
Key Facts
- Panama's bank concentration ratio was 79.4% in 2020.
- High bank concentration can limit consumer choice and increase systemic risk.
- Policymakers use this metric to assess financial market competition.
FAQs
Q: What does this economic trend measure?
A: The Bank Concentration for Panama metric measures the percentage of total banking assets held by the three largest commercial banks in the country.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the level of consolidation and competition within Panama's banking sector, which is important for assessing financial system risks and the effectiveness of regulatory oversight.
Q: How is this data collected or calculated?
A: The data is calculated annually by the World Bank using national banking sector statistics.
Q: How is this trend used in economic policy?
A: Policymakers monitor bank concentration to ensure healthy market competition and resilience in the financial system.
Q: Are there update delays or limitations?
A: The data is published annually, so there may be a 1-year delay in the most recent figures.
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Citation
U.S. Federal Reserve, Bank Concentration for Panama (DDOI01PAA156NWDB), retrieved from FRED.