Boone Indicator in Banking Market for Albania

DDOI05ALA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

-0.05

Year-over-Year Change

-60.75%

Date Range

1/1/1999 - 1/1/2014

Summary

The Boone Indicator measures competition in the banking sector by assessing the relationship between bank profits and input prices. It provides insights into the efficiency and competitiveness of the Albanian banking market.

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 Boone Indicator is an economic measure that evaluates the level of competition in a banking market. It analyzes the correlation between banks' profits and their input costs, with a lower indicator value signaling more intense competition.

Methodology

The data is calculated based on bank-level information and market-wide input prices.

Historical Context

The Boone Indicator is used by policymakers and analysts to assess the competitive dynamics of the Albanian banking sector.

Key Facts

  • The Boone Indicator ranges from -1 to 0, with lower values indicating more intense competition.
  • Albania's Boone Indicator has declined over the past decade, suggesting increased banking competition.
  • The Boone Indicator is used to evaluate the efficiency and contestability of the banking industry.

FAQs

Q: What does the Boone Indicator in Banking Market for Albania measure?

A: The Boone Indicator measures the level of competition in the Albanian banking sector by analyzing the relationship between bank profits and input prices.

Q: Why is the Boone Indicator relevant for users or analysts?

A: The Boone Indicator provides insights into the efficiency and competitiveness of the banking market, which is important for policymakers and market participants.

Q: How is the Boone Indicator data collected or calculated?

A: The data is calculated based on bank-level information and market-wide input prices.

Q: How is the Boone Indicator used in economic policy?

A: The Boone Indicator is used by policymakers and analysts to assess the competitive dynamics of the Albanian banking sector and inform policy decisions.

Q: Are there any update delays or limitations with the Boone Indicator data?

A: The Boone Indicator data may be subject to delays in reporting or updates, and it may not capture all aspects of banking competition.

Related Trends

Citation

U.S. Federal Reserve, Boone Indicator in Banking Market for Albania (DDOI05ALA156NWDB), retrieved from FRED.