Boone Indicator in Banking Market for Lesotho
DDOI05LSA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-0.16
Year-over-Year Change
-14.92%
Date Range
1/1/1999 - 1/1/2014
Summary
The Boone Indicator in Banking Market for Lesotho measures the degree of competition in the Lesotho banking industry. It is a key metric used by economists and policymakers to assess the health and competitiveness of the financial 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 Boone Indicator analyzes the relationship between banks' profits and their market shares, with a lower value indicating a more competitive banking market. This metric provides insights into the efficiency and pricing dynamics within Lesotho's banking industry.
Methodology
The data is calculated by the World Bank using bank-level financial information.
Historical Context
The Boone Indicator is widely utilized by regulators and central banks to monitor competition and inform policy decisions affecting the financial sector.
Key Facts
- The Boone Indicator in Lesotho has remained relatively stable over the past decade.
- A lower Boone Indicator value indicates a more competitive banking market.
- Policymakers use the Boone Indicator to assess the effectiveness of financial sector reforms.
FAQs
Q: What does the Boone Indicator in Banking Market for Lesotho measure?
A: The Boone Indicator measures the degree of competition in the Lesotho banking industry. It analyzes the relationship between banks' profits and their market shares.
Q: Why is the Boone Indicator relevant for users or analysts?
A: The Boone Indicator provides insights into the efficiency and pricing dynamics of Lesotho's banking sector, which is crucial for economists and policymakers to assess the health and competitiveness of the financial system.
Q: How is the Boone Indicator data collected or calculated?
A: The data is calculated by the World Bank using bank-level financial information.
Q: How is the Boone Indicator used in economic policy?
A: Regulators and central banks utilize the Boone Indicator to monitor competition and inform policy decisions affecting the financial sector in Lesotho.
Q: Are there any update delays or limitations with the Boone Indicator data?
A: The Boone Indicator data is subject to the availability and timeliness of the underlying bank-level financial information used in its calculation.
Related Trends
Number of Identified Exporters to Lesotho from Alabama
ALLSOA475SCEN
Gross Domestic Product Per Capita for Lesotho
PCAGDPLSA646NWDB
Use of Financial Services, Assets: Outstanding Loans at Commercial Banks for Lesotho
LSOFCSODCXDC
Real Effective Exchange Rate as Based on Consumer Price Index for Lesotho
LSOEREERIX
Geographical Outreach: Number of Commercial Banks for Lesotho
LSOFCIODCNUM
Credit to Government and State-Owned Enterprises to GDP for Lesotho
DDEI08LSA156NWDB
Citation
U.S. Federal Reserve, Boone Indicator in Banking Market for Lesotho (DDOI05LSA156NWDB), retrieved from FRED.