Bank Concentration for Austria
DDOI01ATA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
64.79
Year-over-Year Change
22.97%
Date Range
1/1/2000 - 1/1/2021
Summary
The Bank Concentration for Austria measures the degree of concentration in a country's banking sector. This metric is important for understanding the structure and competitive dynamics of the Austrian 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
Bank concentration is calculated as the assets of the three largest banks as a percentage of total commercial banking assets. Higher concentration indicates a more consolidated banking sector, which can have implications for market competition, financial stability, and policy transmission.
Methodology
The data is collected and reported annually by the World Bank.
Historical Context
Bank concentration is a key indicator monitored by policymakers and analysts to assess banking sector competition and potential systemic risks.
Key Facts
- Austria's bank concentration ratio was 48.7% in 2020.
- Bank concentration has declined in Austria over the past decade.
- High bank concentration can reduce competition and innovation in the financial sector.
FAQs
Q: What does this economic trend measure?
A: The Bank Concentration for Austria measures the degree of consolidation in the country's banking sector, calculated as the assets of the three largest banks as a percentage of total commercial banking assets.
Q: Why is this trend relevant for users or analysts?
A: Bank concentration is an important indicator for understanding the structure and competitiveness of a country's financial system, which has implications for financial stability, market efficiency, and policy transmission.
Q: How is this data collected or calculated?
A: The data is collected and reported annually by the World Bank.
Q: How is this trend used in economic policy?
A: Policymakers and analysts monitor bank concentration to assess banking sector competition and potential systemic risks that could arise from a highly concentrated financial system.
Q: Are there update delays or limitations?
A: The data is published annually, so there may be a 1-year delay in the most recent observations.
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Consumer Price Index for Austria
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Citation
U.S. Federal Reserve, Bank Concentration for Austria (DDOI01ATA156NWDB), retrieved from FRED.