Boone Indicator in Banking Market for Syrian Arab Republic
DDOI05SYA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-0.01
Year-over-Year Change
N/A%
Date Range
1/1/2004 - 1/1/2014
Summary
The Boone Indicator in Banking Market for Syrian Arab Republic measures the degree of competition in the country's banking sector. This metric is used by economists to assess the efficiency and health of the 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 that focuses on the relationship between profits and market share. It is used to evaluate the competitiveness of the banking industry, with lower values indicating a more competitive market.
Methodology
The data is calculated by the World Bank using bank-level data.
Historical Context
The Boone Indicator provides valuable insights for policymakers and market analysts seeking to understand the dynamics of the Syrian banking sector.
Key Facts
- The Boone Indicator ranges from -1 to 0, with lower values indicating more competition.
- Syria's Boone Indicator has declined in recent years, suggesting increased competition in the banking sector.
- The Boone Indicator is used alongside other metrics to assess the overall competitiveness of a country's banking industry.
FAQs
Q: What does this economic trend measure?
A: The Boone Indicator measures the degree of competition in the banking sector of the Syrian Arab Republic. It focuses on the relationship between profits and market share.
Q: Why is this trend relevant for users or analysts?
A: The Boone Indicator provides valuable insights into the efficiency and health of Syria's financial system, which is important for policymakers, investors, and market analysts.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using bank-level data.
Q: How is this trend used in economic policy?
A: The Boone Indicator is used by policymakers and regulators to assess the competitiveness of the Syrian banking sector and inform policies aimed at promoting a healthy and efficient financial system.
Q: Are there update delays or limitations?
A: The Boone Indicator data for Syria may be subject to update delays or limitations due to the country's economic and political circumstances.
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Citation
U.S. Federal Reserve, Boone Indicator in Banking Market for Syrian Arab Republic (DDOI05SYA156NWDB), retrieved from FRED.