Bank Concentration for the Plurinational State of Bolivia
DDOI01BOA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
43.33
Year-over-Year Change
-40.15%
Date Range
1/1/2000 - 1/1/2021
Summary
This economic trend measures the concentration of the banking sector in the Plurinational State of Bolivia. It is an important metric for evaluating the competitiveness and stability of the country's 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 Bank Concentration indicator represents the assets of the three largest commercial banks as a percentage of total commercial banking assets in Bolivia. It provides insight into the degree of market dominance by major players in the domestic banking industry.
Methodology
The data is calculated and reported annually by the World Bank based on information submitted by national financial authorities.
Historical Context
Policymakers and analysts use this metric to assess the risk profile and competitive dynamics of Bolivia's banking sector.
Key Facts
- Bolivia's bank concentration ratio was 77.4% in 2020.
- High bank concentration can limit competition and innovation.
- Diverse, competitive banking sectors are associated with greater financial inclusion.
FAQs
Q: What does this economic trend measure?
A: The Bank Concentration indicator measures the assets of the three largest commercial banks as a percentage of total commercial banking assets in Bolivia.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the competitiveness and stability of Bolivia's banking sector, which is important for evaluating financial system risks and development.
Q: How is this data collected or calculated?
A: The data is calculated and reported annually by the World Bank based on information submitted by national financial authorities.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess the risk profile and competitive dynamics of Bolivia's banking industry, which informs financial sector regulations and development strategies.
Q: Are there update delays or limitations?
A: The Bank Concentration data for Bolivia is reported annually with a lag, so the most recent figures may not reflect the latest conditions.
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Citation
U.S. Federal Reserve, Bank Concentration for the Plurinational State of Bolivia (DDOI01BOA156NWDB), retrieved from FRED.