Boone Indicator in Banking Market for Russian Federation
DDOI05RUA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-0.08
Year-over-Year Change
26.74%
Date Range
1/1/1999 - 1/1/2014
Summary
The Boone Indicator measures competition in the banking sector of the Russian Federation. It is a key metric used by economists and policymakers to assess the efficiency and health of the country's financial system.
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 a measure of competition within the banking industry. It reflects how bank profits respond to changes in marginal costs, with a lower indicator value signaling more competitive conditions.
Methodology
The data is calculated by the World Bank using bank-level financial information.
Historical Context
The Boone Indicator informs analyses of Russian monetary and financial policies.
Key Facts
- The Boone Indicator ranges from -1 to 0, with lower values indicating more competition.
- Russia's Boone Indicator was -0.14 in 2020, suggesting a moderately competitive banking sector.
- The indicator is used to evaluate policy changes and mergers that may impact financial market structure.
FAQs
Q: What does the Boone Indicator measure?
A: The Boone Indicator measures the degree of competition in the banking sector of the Russian Federation. It reflects how bank profits respond to changes in marginal costs.
Q: Why is the Boone Indicator relevant for users or analysts?
A: The Boone Indicator is a key metric used by economists and policymakers to assess the efficiency and health of Russia's financial system. It informs analyses of monetary and financial policies.
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: The Boone Indicator informs analyses of Russian monetary and financial policies, including the evaluation of policy changes and mergers that may impact financial market structure.
Q: Are there update delays or limitations?
A: The Boone Indicator data may have update lags due to the time required to collect and process the underlying bank-level information.
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Citation
U.S. Federal Reserve, Boone Indicator in Banking Market for Russian Federation (DDOI05RUA156NWDB), retrieved from FRED.