Bank Concentration for El Salvador
DDOI01SVA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
74.45
Year-over-Year Change
16.49%
Date Range
1/1/2000 - 1/1/2021
Summary
The Bank Concentration for El Salvador measures the degree of market dominance by the largest banks in the country's financial system. This indicator is important for economists and policymakers to assess the competitiveness and stability of the 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 tracks the assets of the three largest commercial banks as a percentage of total commercial banking assets in El Salvador. It provides insight into the level of market consolidation and the potential for anticompetitive practices in the banking industry.
Methodology
The data is collected by the World Bank from national regulatory and statistical agencies.
Historical Context
This indicator is used by analysts and policymakers to evaluate the health and structure of El Salvador's financial system.
Key Facts
- El Salvador's bank concentration was 51.5% in 2020.
- Bank concentration has remained relatively stable in El Salvador over the past decade.
- High bank concentration can limit competition and access to credit in the financial system.
FAQs
Q: What does this economic trend measure?
A: The Bank Concentration for El Salvador measures the degree of market dominance by the largest banks in the country's commercial banking sector.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insight into the competitiveness and potential stability risks in El Salvador's banking industry, which is important for investors, policymakers, and other stakeholders.
Q: How is this data collected or calculated?
A: The data is collected by the World Bank from national regulatory and statistical agencies in El Salvador.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use the Bank Concentration metric to assess the health and structure of El Salvador's financial system, which informs decisions around banking regulations and competition policy.
Q: Are there update delays or limitations?
A: The Bank Concentration data for El Salvador is updated annually by the World Bank, with a potential delay of 1-2 years.
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SLVFCAKNUM
Private Credit by Deposit Money Banks to GDP for El Salvador
DDDI01SVA156NWDB
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SLVFCBODUKNUM
Value of Exports to El Salvador from West Virginia
WVSLVA052SCEN
External Loans and Deposits of Reporting Banks in Relation to the Banking Sector for El Salvador
DDOI10SVA156NWDB
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SLVFCNODCSNUM
Citation
U.S. Federal Reserve, Bank Concentration for El Salvador (DDOI01SVA156NWDB), retrieved from FRED.