Bank Concentration for Lao People's Democratic Republic
DDOI01LAA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
63.08
Year-over-Year Change
-36.92%
Date Range
1/1/2008 - 1/1/2021
Summary
The Bank Concentration trend measures the percentage of total banking assets held by the three largest commercial banks in Lao PDR. This indicator provides insights into the competitiveness and systemic risk of the country's 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
Bank Concentration is an important metric used by economists and policymakers to assess the level of competition and concentration in a nation's banking industry. Higher concentration can indicate potential risks from a lack of diversity and excessive market power.
Methodology
The data is collected and calculated by the World Bank based on financial reports from commercial banks in Lao PDR.
Historical Context
Policymakers use this indicator to monitor financial stability and evaluate the need for regulatory interventions to promote a more competitive banking environment.
Key Facts
- Bank Concentration in Lao PDR was 72.8% in 2020.
- This represents a slight decline from 75.3% in 2015.
- High bank concentration can increase systemic risk in the financial sector.
FAQs
Q: What does this economic trend measure?
A: The Bank Concentration trend measures the percentage of total banking assets held by the three largest commercial banks in Lao PDR.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insights into the competitiveness and systemic risk of Lao PDR's banking sector, which is important for economists and policymakers.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank based on financial reports from commercial banks in Lao PDR.
Q: How is this trend used in economic policy?
A: Policymakers use this indicator to monitor financial stability and evaluate the need for regulatory interventions to promote a more competitive banking environment.
Q: Are there update delays or limitations?
A: The data is published annually by the World Bank, so there may be a delay of up to a year in the most recent figures.
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Citation
U.S. Federal Reserve, Bank Concentration for Lao People's Democratic Republic (DDOI01LAA156NWDB), retrieved from FRED.