H-Statistic in Banking Market for Hungary

DDOI03HUA066NWDB • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

0.63

Year-over-Year Change

-1.42%

Date Range

1/1/2010 - 1/1/2014

Summary

The H-Statistic measures the degree of competition in the banking market of Hungary. It is a key indicator used by economists and policymakers to assess the competitiveness and market structure of the Hungarian 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 H-Statistic is an empirical measure of the competition level in a banking market. It ranges from 0 to 1, with higher values indicating more competitive conditions. The H-Statistic is widely used by central banks and financial regulators to analyze the effectiveness of banking competition policies.

Methodology

The H-Statistic is calculated using bank-level revenue and cost data from the World Bank's Global Financial Development Database.

Historical Context

The H-Statistic helps policymakers evaluate the impact of regulatory reforms on banking market competition in Hungary.

Key Facts

  • The H-Statistic ranges from 0 to 1, with higher values indicating more competition.
  • Hungary's H-Statistic is monitored by the Central Bank of Hungary and the European Central Bank.
  • The H-Statistic is used to assess the effectiveness of banking regulatory reforms.

FAQs

Q: What does the H-Statistic in Banking Market for Hungary measure?

A: The H-Statistic measures the degree of competition in the banking market of Hungary. It is an empirical indicator of the competitiveness of the Hungarian banking sector.

Q: Why is the H-Statistic relevant for users or analysts?

A: The H-Statistic is a key indicator used by economists and policymakers to assess the effectiveness of banking competition policies and regulations in Hungary.

Q: How is the H-Statistic data collected or calculated?

A: The H-Statistic is calculated using bank-level revenue and cost data from the World Bank's Global Financial Development Database.

Q: How is the H-Statistic used in economic policy?

A: The H-Statistic helps policymakers, central banks, and financial regulators evaluate the impact of regulatory reforms on banking market competition in Hungary.

Q: Are there update delays or limitations for the H-Statistic data?

A: The H-Statistic data may have update lags due to the time required to collect and process the underlying bank-level financial information.

Related Trends

Citation

U.S. Federal Reserve, H-Statistic in Banking Market for Hungary (DDOI03HUA066NWDB), retrieved from FRED.