Lerner Index in Banking Market for Cote d'Ivoire
DDOI04CIA066NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.24
Year-over-Year Change
1.53%
Date Range
1/1/1996 - 1/1/2014
Summary
The Lerner Index in Banking Market for Cote d'Ivoire measures the degree of market power in the country's banking sector. It is an important indicator for economists and policymakers to assess the competitiveness and efficiency of the banking industry.
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 Lerner Index is a measure of a firm's market power, ranging from 0 (perfect competition) to 1 (monopoly). For the banking sector in Cote d'Ivoire, this index provides insights into the level of competition and pricing power of financial institutions.
Methodology
The data is calculated by the World Bank using bank-level information.
Historical Context
The Lerner Index is used by analysts and policymakers to evaluate the banking market structure and guide regulatory decisions.
Key Facts
- The Lerner Index in Cote d'Ivoire has ranged from 0.25 to 0.35 over the past decade.
- A higher Lerner Index indicates greater market power and less competition in the banking sector.
- Policymakers use the Lerner Index to assess the need for interventions to promote banking competition.
FAQs
Q: What does this economic trend measure?
A: The Lerner Index in Banking Market for Cote d'Ivoire measures the degree of market power and pricing power of banks in the country's banking sector.
Q: Why is this trend relevant for users or analysts?
A: The Lerner Index is an important indicator for assessing the competitiveness and efficiency of the banking industry, which is crucial for economic growth and financial stability.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using bank-level information.
Q: How is this trend used in economic policy?
A: Policymakers use the Lerner Index to evaluate the banking market structure and guide regulatory decisions to promote competition in the banking sector.
Q: Are there update delays or limitations?
A: The data is published by the World Bank with occasional delays, and may be limited by the availability of bank-level information in Cote d'Ivoire.
Related Trends
Cash surplus/deficit (% of GDP) for Cote d'Ivoire
CASHBLCIA188A
Use of Financial Services, Liabilities: Outstanding Deposits at Deposit Taking Microfinance Institutions (MFIs) for Cote d'Ivoire
CIVFCLODMFXDC
Outstanding International Public Debt Securities to GDP for Cote d'Ivoire
DDDM06CIA156NWDB
Bank Credit to Bank Deposits for Cote d'Ivoire
DDSI04CIA156NWDB
Number of Identified Exporters to Cote d'Ivoire from Iowa
IACIVA475SCEN
Loans from Non-Resident Banks, Amounts Outstanding, to GDP for Cote d'Ivoire
DDOI09CIA156NWDB
Citation
U.S. Federal Reserve, Lerner Index in Banking Market for Cote d'Ivoire (DDOI04CIA066NWDB), retrieved from FRED.