Lerner Index in Banking Market for Islamic Republic of Iran
DDOI04IRA066NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.11
Year-over-Year Change
-348.74%
Date Range
1/1/1997 - 1/1/2010
Summary
The Lerner Index in Banking Market for the Islamic Republic of Iran measures the degree of market power exercised by Iranian banks. It is an important indicator for analyzing the competitiveness and efficiency of the Iranian 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 Lerner Index is a measure of a firm's market power, calculated as the difference between output price and marginal cost divided by the output price. For the Iranian banking market, this index provides insights into the level of competition and monopolistic tendencies within the sector.
Methodology
The data is calculated by the World Bank using financial information reported by Iranian banks.
Historical Context
The Lerner Index is used by policymakers and economists to assess the health and stability of the Iranian financial system.
Key Facts
- The Lerner Index ranges from 0 to 1, with higher values indicating greater market power.
- A higher Lerner Index in the Iranian banking sector suggests less competition and potentially higher consumer costs.
- The Lerner Index is monitored by the Central Bank of Iran and international financial institutions.
FAQs
Q: What does this economic trend measure?
A: The Lerner Index in Banking Market for the Islamic Republic of Iran measures the degree of market power exercised by Iranian banks, providing insights into the level of competition in the Iranian banking sector.
Q: Why is this trend relevant for users or analysts?
A: The Lerner Index is an important indicator for analyzing the competitiveness and efficiency of the Iranian banking system, which is relevant for policymakers, economists, and investors interested in the stability and performance of the Iranian financial sector.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using financial information reported by Iranian banks.
Q: How is this trend used in economic policy?
A: The Lerner Index is used by the Central Bank of Iran and international financial institutions to assess the health and stability of the Iranian financial system, which informs policy decisions and regulatory actions.
Q: Are there update delays or limitations?
A: The Lerner Index data for the Iranian banking market may be subject to update delays or limitations due to the availability and reporting of financial information from Iranian banks.
Related Trends
Number of Identified Exporters to Islamic Republic of Iran from Maine
MEIRNA475SCEN
Current Account Balance for Iran, Islamic Republic of
IRNBCAGDPGDPPT
Population ages 65 and above for the Islamic Republic of Iran
SPPOP65UPTOZSIRN
Number of Identified Exporters to Islamic Republic of Iran from Indiana
INIRNA475SCEN
Stock Market Turnover Ratio (Value Traded/Capitalization) for Islamic Republic of Iran
DDEM01IRA156NWDB
Amount Outstanding of International Debt Securities for All Issuers, All Maturities, Residence of Issuer in Iran
IDSAMRIAOIR
Citation
U.S. Federal Reserve, Lerner Index in Banking Market for Islamic Republic of Iran (DDOI04IRA066NWDB), retrieved from FRED.