Bank Concentration for Rwanda
DDOI01RWA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
62.22
Year-over-Year Change
-0.38%
Date Range
1/1/2001 - 1/1/2021
Summary
The Bank Concentration for Rwanda metric measures the percentage of total banking assets held by the three largest commercial banks in the country. This statistic is important for assessing the level of competition and systemic risk in the Rwandan 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 Bank Concentration for Rwanda represents the degree of market dominance by the largest banks in the country. This metric is widely used by economists and policymakers to evaluate the competitive landscape of the financial system and potential vulnerabilities.
Methodology
The data is collected and calculated by the World Bank based on annual reports and regulatory filings from Rwandan banks.
Historical Context
Policymakers use this metric to inform decisions around banking regulations, competition policy, and financial stability measures.
Key Facts
- Rwanda's bank concentration was 83% in 2020.
- High bank concentration can reduce competition and raise borrowing costs.
- Policymakers monitor concentration to ensure a healthy, stable financial system.
FAQs
Q: What does this economic trend measure?
A: The Bank Concentration for Rwanda metric measures the percentage of total banking assets held by the three largest commercial banks in the country.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for assessing the level of competition and systemic risk in the Rwandan banking sector, which is crucial information for policymakers and financial analysts.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank based on annual reports and regulatory filings from Rwandan banks.
Q: How is this trend used in economic policy?
A: Policymakers use this metric to inform decisions around banking regulations, competition policy, and financial stability measures in Rwanda.
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.
Related Trends
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Value of Exports to Rwanda from Louisiana
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Number of Identified Exporters to Rwanda from Arkansas
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Use of Financial Services: Number of Loan Accounts at Non-deposit Taking Microfinance Institutions (MFIs) for Rwanda
RWAFCNMFNNUM
Geographical Outreach: Key Indicators, All MFI Branches Per 1000 Km2 for Rwanda
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Citation
U.S. Federal Reserve, Bank Concentration for Rwanda (DDOI01RWA156NWDB), retrieved from FRED.