5-Bank Asset Concentration for Syrian Arab Republic
DDOI06SYA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
67.35
Year-over-Year Change
-23.89%
Date Range
1/1/2005 - 1/1/2021
Summary
The 5-Bank Asset Concentration for Syrian Arab Republic measures the percentage of total banking assets held by the five largest banks in the country. This metric is a key indicator of financial sector concentration and competition.
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 provides insight into the level of consolidation in a country's banking industry. Higher concentration can indicate less competition, which may impact interest rates, service quality, and access to credit for businesses and consumers.
Methodology
This data is collected and reported annually by the World Bank as part of their Global Financial Development Database.
Historical Context
Policymakers closely monitor banking concentration to assess financial system stability and the efficacy of competition policies.
Key Facts
- The 5-Bank Asset Concentration ratio for Syria was 89.9% in 2020.
- Syria's banking sector is highly concentrated, with the top 5 banks controlling nearly 90% of total assets.
- High banking concentration can limit competition and access to credit for businesses and consumers.
FAQs
Q: What does this economic trend measure?
A: The 5-Bank Asset Concentration for Syrian Arab Republic 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 a country's banking industry, which can impact competition, interest rates, and access to credit.
Q: How is this data collected or calculated?
A: The data is collected and reported annually by the World Bank as part of their Global Financial Development Database.
Q: How is this trend used in economic policy?
A: Policymakers closely monitor banking concentration to assess financial system stability and the efficacy of competition policies.
Q: Are there update delays or limitations?
A: The data is reported annually, so there may be a delay in the most recent information.
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Citation
U.S. Federal Reserve, 5-Bank Asset Concentration for Syrian Arab Republic (DDOI06SYA156NWDB), retrieved from FRED.