Bank Concentration for Philippines
DDOI01PHA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
52.25
Year-over-Year Change
11.98%
Date Range
1/1/2000 - 1/1/2021
Summary
The Bank Concentration trend measures the degree of market dominance by the largest banks in the Philippine banking system. It's a key indicator of financial sector competition and 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
Bank Concentration is calculated as the assets of the three largest commercial banks as a percentage of total commercial banking assets. It provides insight into the degree of market power and potential systemic risks in the Philippine financial sector.
Methodology
The data is collected from reports by the Philippine central bank and other regulatory authorities.
Historical Context
Policymakers and analysts use this metric to assess banking sector competition and the need for regulatory interventions.
Key Facts
- Bank Concentration in Philippines was 72.7% in 2021.
- The top 3 banks held over 70% of total commercial banking assets.
- High bank concentration can reduce competition and increase systemic risk.
FAQs
Q: What does this economic trend measure?
A: Bank Concentration measures the degree of market dominance by the largest banks in the Philippine banking system.
Q: Why is this trend relevant for users or analysts?
A: It provides insight into financial sector competition and potential systemic risks in the Philippine economy.
Q: How is this data collected or calculated?
A: The data is collected from reports by the Philippine central bank and other regulatory authorities.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess banking sector competition and the need for regulatory interventions.
Q: Are there update delays or limitations?
A: The data is published with a lag, so the most recent values may not reflect the current state of the banking sector.
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Citation
U.S. Federal Reserve, Bank Concentration for Philippines (DDOI01PHA156NWDB), retrieved from FRED.