5-Bank Asset Concentration for Philippines
DDOI06PHA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
67.33
Year-over-Year Change
4.50%
Date Range
1/1/2004 - 1/1/2021
Summary
The 5-Bank Asset Concentration for Philippines measures the percentage of total banking assets held by the five largest banks in the country. This metric provides insight into the level of market concentration and competition within the Philippine 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 5-Bank Asset Concentration ratio indicates the degree of market dominance by the largest banks in the Philippines. It is a commonly used indicator of banking sector concentration and can inform assessments of financial stability and competitive dynamics.
Methodology
This data is calculated by the World Bank using national-level banking sector data.
Historical Context
Policymakers and analysts monitor this trend to evaluate the competitive structure of the Philippine financial system.
Key Facts
- The 5-Bank Asset Concentration ratio in the Philippines was 87.7% in 2020.
- The banking sector in the Philippines is considered highly concentrated.
- High concentration can impact lending practices and financial stability.
FAQs
Q: What does this economic trend measure?
A: The 5-Bank Asset Concentration for Philippines measures the percentage of total banking assets held by the five largest banks in the country.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the level of market concentration and competition within the Philippine banking sector, which is important for assessing financial stability and competitive dynamics.
Q: How is this data collected or calculated?
A: This data is calculated by the World Bank using national-level banking sector data.
Q: How is this trend used in economic policy?
A: Policymakers and analysts monitor this trend to evaluate the competitive structure of the Philippine financial system.
Q: Are there update delays or limitations?
A: The data is published annually by the World Bank, so there may be a delay in the most recent observations.
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Citation
U.S. Federal Reserve, 5-Bank Asset Concentration for Philippines (DDOI06PHA156NWDB), retrieved from FRED.