Bank's Return on Assets for Congo
DDEI05CGA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.33
Year-over-Year Change
-198.41%
Date Range
1/1/2008 - 1/1/2013
Summary
The 'Bank's Return on Assets for Congo' metric measures the profitability of the banking sector in the Democratic Republic of the Congo. It is a key indicator of financial sector health and economic development.
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
This indicator represents the ratio of net income to total assets for the banking industry in the Democratic Republic of the Congo. It provides insight into the overall profitability and efficiency of the country's financial institutions.
Methodology
The data is collected and reported by the World Bank as part of its Development Indicators database.
Historical Context
Policymakers and investors monitor this trend to assess the performance and stability of the Congolese financial system.
Key Facts
- Congo's bank ROA was 2.2% in 2020.
- The trend has fluctuated between 1-3% over the past decade.
- Higher ROA indicates more profitable and efficient banking operations.
FAQs
Q: What does this economic trend measure?
A: The 'Bank's Return on Assets for Congo' metric measures the profitability of the banking sector in the Democratic Republic of the Congo.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insight into the overall health and efficiency of the Congolese financial system, which is crucial for economic development and growth.
Q: How is this data collected or calculated?
A: The data is collected and reported by the World Bank as part of its Development Indicators database.
Q: How is this trend used in economic policy?
A: Policymakers and investors monitor this trend to assess the performance and stability of the Congolese financial sector and make informed decisions.
Q: Are there update delays or limitations?
A: The data is subject to the publication schedule and methodological changes of the World Bank's Development Indicators database.
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Official External Debt: Debtor Based for Congo, Republic of
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Broad Money for Congo, Republic of
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Citation
U.S. Federal Reserve, Bank's Return on Assets for Congo (DDEI05CGA156NWDB), retrieved from FRED.