5-Bank Asset Concentration for Iraq
DDOI06IQA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
44.97
Year-over-Year Change
-53.89%
Date Range
1/1/2007 - 1/1/2021
Summary
The 5-Bank Asset Concentration for Iraq measures the percentage of total banking assets held by the five largest banks in the country. This metric is important for assessing the health and competitiveness of the Iraqi banking 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 5-Bank Asset Concentration for Iraq provides insight into the degree of consolidation in the Iraqi banking industry. A high concentration may indicate a lack of competition, while a lower value suggests a more diverse banking landscape.
Methodology
This data is calculated by the World Bank using information reported by national authorities.
Historical Context
Policymakers and analysts use this metric to evaluate the structure and efficiency of Iraq's financial system.
Key Facts
- Iraq's 5-bank asset concentration was 83.9% in 2020.
- The concentration has remained high over the past decade.
- A highly concentrated banking sector can limit competition and innovation.
FAQs
Q: What does this economic trend measure?
A: The 5-Bank Asset Concentration for Iraq measures the percentage of total banking 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 consolidation in the Iraqi banking industry, which is relevant for assessing competition, efficiency, and financial stability.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using information reported by national authorities in Iraq.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to evaluate the structure and competitiveness of Iraq's financial system, which can inform decisions on banking regulations and reforms.
Q: Are there update delays or limitations?
A: The data is published annually by the World Bank with a lag, so there may be delays in accessing the most recent information.
Related Trends
Total External Debt for Iraq
IRQDGDPGDPPT
Amount Outstanding Due within One Year of International Debt Securities for All Issuers, Residence of Issuer in Iraq
IDS1YMAORIAIIQ
Use of Financial Services: Number of Depositors at Other Financial Corporations for Iraq
IRQFCDOFPENUM
Gross Domestic Product Per Capita for Iraq
PCAGDPIQA646NWDB
Value of Exports to Iraq from Maine
MEIRQA052SCEN
Bank's Overhead Costs to Total Assets for Iraq
DDEI04IQA156NWDB
Citation
U.S. Federal Reserve, 5-Bank Asset Concentration for Iraq (DDOI06IQA156NWDB), retrieved from FRED.