5-Bank Asset Concentration for Colombia
DDOI06COA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
90.15
Year-over-Year Change
-0.57%
Date Range
1/1/2000 - 1/1/2021
Summary
The 5-Bank Asset Concentration for Colombia measures the share of total banking sector assets held by the five largest banks in the country. This metric provides insight into the level of market concentration and competition within the Colombian 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 5-Bank Asset Concentration ratio is a commonly used indicator of banking sector structure and competition. It quantifies the degree of asset concentration among the largest financial institutions, which can impact pricing, innovation, and systemic risk.
Methodology
This data is calculated by the World Bank using information reported by national central banks and regulatory authorities.
Historical Context
Policymakers and analysts monitor this metric to assess the competitiveness and resilience of the Colombian banking sector.
Key Facts
- Colombia's 5-bank asset concentration ratio was 72.8% in 2020.
- A higher ratio indicates greater market dominance by the largest banks.
- Concentration levels can impact lending rates, product innovation, and systemic risk.
FAQs
Q: What does this economic trend measure?
A: The 5-Bank Asset Concentration for Colombia measures the share of total banking sector assets held by the five largest banks in the country.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the level of market concentration and competition within the Colombian financial system, which can impact pricing, innovation, and systemic risk.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using information reported by national central banks and regulatory authorities.
Q: How is this trend used in economic policy?
A: Policymakers and analysts monitor this metric to assess the competitiveness and resilience of the Colombian banking sector.
Q: Are there update delays or limitations?
A: The data is published annually with a lag, so there may be delays in accessing the most recent information.
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Citation
U.S. Federal Reserve, 5-Bank Asset Concentration for Colombia (DDOI06COA156NWDB), retrieved from FRED.