Bank Concentration for Namibia
DDOI01NAA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
98.79
Year-over-Year Change
21.55%
Date Range
1/1/2005 - 1/1/2021
Summary
The Bank Concentration for Namibia measures the assets of a country's three largest commercial banks as a percentage of total commercial banking assets. This metric provides insight into the degree of market dominance by a small number of banks.
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 reflects the level of market power and competitiveness in a nation's banking sector. Higher concentrations can suggest less competition, which may impact access to credit, interest rates, and other banking services for businesses and consumers.
Methodology
The data is collected and calculated by the World Bank using information reported by national central banks and regulatory agencies.
Historical Context
Policymakers and analysts use this metric to assess financial sector development and competition within the banking industry.
Key Facts
- Namibia's bank concentration was 95.4% in 2020.
- High bank concentration can reduce competition and access to credit.
- The World Bank has tracked this metric since the 1990s.
FAQs
Q: What does this economic trend measure?
A: The Bank Concentration for Namibia measures the assets of the country's three largest commercial banks as a percentage of total commercial banking assets.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the level of competition and market power in Namibia's banking sector, which is important for understanding access to credit, interest rates, and other financial services.
Q: How is this data collected or calculated?
A: The World Bank collects and calculates this data using information reported by Namibia's central bank and financial regulators.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use the Bank Concentration metric to assess financial sector development and the competitiveness of the banking industry in Namibia.
Q: Are there update delays or limitations?
A: The World Bank publishes this data with a lag, so the most recent figures may not reflect the current state of Namibia's banking sector.
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Citation
U.S. Federal Reserve, Bank Concentration for Namibia (DDOI01NAA156NWDB), retrieved from FRED.