Boone Indicator in Banking Market for Philippines
DDOI05PHA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-0.02
Year-over-Year Change
-94.39%
Date Range
1/1/1999 - 1/1/2014
Summary
The Boone Indicator in Banking Market for Philippines measures the degree of competition in the country's banking sector. It is an important metric for economists and policymakers to assess the efficiency and stability of the financial system.
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 Boone Indicator is a measure of the competition-fragility nexus in the banking industry. It quantifies the impact of marginal costs on bank profits, with a lower value indicating greater competition and a more efficient market.
Methodology
The data is calculated by the World Bank based on bank-level information.
Historical Context
The Boone Indicator is used by central banks and financial regulators to monitor banking sector competition and inform policy decisions.
Key Facts
- The Boone Indicator ranges from -1 to 0, with lower values indicating more competition.
- A decline in the Boone Indicator signals increased competition in the banking market.
- The Boone Indicator is used to assess the efficiency and stability of the financial system.
FAQs
Q: What does this economic trend measure?
A: The Boone Indicator measures the degree of competition in the banking sector of the Philippines. It quantifies the impact of marginal costs on bank profits.
Q: Why is this trend relevant for users or analysts?
A: The Boone Indicator is an important metric for economists and policymakers to assess the efficiency and stability of the financial system in the Philippines.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank based on bank-level information.
Q: How is this trend used in economic policy?
A: The Boone Indicator is used by central banks and financial regulators to monitor banking sector competition and inform policy decisions.
Q: Are there update delays or limitations?
A: The data may be subject to update delays or other limitations inherent in the World Bank's data collection and reporting processes.
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Citation
U.S. Federal Reserve, Boone Indicator in Banking Market for Philippines (DDOI05PHA156NWDB), retrieved from FRED.