5-Bank Asset Concentration for Antigua and Barbuda
DDOI06AGA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
100.00
Year-over-Year Change
0.00%
Date Range
1/1/2000 - 1/1/2004
Summary
The 5-Bank Asset Concentration for Antigua and Barbuda measures the total assets held by the five largest banks in the country as a percentage of all banking assets. This indicator provides insight into the level of banking sector concentration and competition.
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 5-Bank Asset Concentration ratio is a widely used metric to assess the market structure and competitiveness of a nation's banking industry. It shows the degree to which banking assets are concentrated among the largest players, with higher values indicating less competition.
Methodology
The data is calculated by the World Bank using information reported by national central banks and regulatory authorities.
Historical Context
Policymakers monitor this trend to evaluate banking sector stability and the need for regulatory interventions.
Key Facts
- The 5-Bank Asset Concentration in Antigua and Barbuda was 83.9% in 2020.
- Banking assets are highly concentrated, with the top 5 banks controlling over 80% of the market.
- High concentration can reduce competition and innovation in the banking sector.
FAQs
Q: What does this economic trend measure?
A: The 5-Bank Asset Concentration measures the total assets held by the five largest banks in Antigua and Barbuda as a percentage of all banking assets in the country.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the level of competition and market power in the Antiguan banking sector, which is important for assessing financial stability and the need for regulatory policies.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using information reported by the central bank and financial regulators in Antigua and Barbuda.
Q: How is this trend used in economic policy?
A: Policymakers monitor the 5-Bank Asset Concentration to evaluate banking sector competition and the potential need for interventions to promote a healthier, more diverse financial system.
Q: Are there update delays or limitations?
A: The data is reported annually by the World Bank, so there may be a 1-2 year delay in the most recent figures being available.
Related Trends
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Number of Identified Exporters to Antigua and Barbuda from California
CAATGA475SCEN
Number of Identified Exporters to Antigua and Barbuda from Alabama
ALATGA475SCEN
Balance of Payments: Current account balance (credit less debit) for Antigua and Barbuda
ATGBCAGDPBP6
Value of Exports to Antigua and Barbuda from Tennessee
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Value of Exports to Antigua and Barbuda from Indiana
INATGA052SCEN
Citation
U.S. Federal Reserve, 5-Bank Asset Concentration for Antigua and Barbuda (DDOI06AGA156NWDB), retrieved from FRED.