Bank's Cost to Income Ratio for Dominican Republic
DDEI07DOA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
63.40
Year-over-Year Change
-9.98%
Date Range
1/1/2000 - 1/1/2021
Summary
The Bank's Cost to Income Ratio for the Dominican Republic measures the operating expenses of banks as a percentage of their total income, providing insight into the efficiency and profitability of the 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
This ratio is a key indicator of a banking system's operational efficiency, with lower ratios generally indicating greater productivity and profitability. Analysts and policymakers use this metric to assess the health and competitiveness of the Dominican Republic's financial industry.
Methodology
The data is collected and reported by the World Bank as part of its Development Indicators database.
Historical Context
The ratio is important for understanding the broader economic and regulatory environment impacting Dominican banks.
Key Facts
- The ratio ranged from 61.9% to 70.4% between 2010-2020.
- A lower ratio indicates greater bank profitability and operational efficiency.
- The ratio is influenced by factors like interest rates, non-interest income, and overhead costs.
FAQs
Q: What does this economic trend measure?
A: The Bank's Cost to Income Ratio measures the operating expenses of banks as a percentage of their total income, providing insight into the efficiency and profitability of the banking sector.
Q: Why is this trend relevant for users or analysts?
A: This ratio is a key indicator of a banking system's operational efficiency, with lower ratios generally indicating greater productivity and profitability. Analysts and policymakers use this metric to assess the health and competitiveness of the Dominican Republic's financial industry.
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: The ratio is important for understanding the broader economic and regulatory environment impacting Dominican banks.
Q: Are there update delays or limitations?
A: The World Bank's Development Indicators database is updated annually, so there may be a delay in the most recent data being available.
Related Trends
Number of Identified Exporters to Dominican Republic from South Dakota
SDDOMA475SCEN
Number of Identified Exporters to Dominican Republic from Arizona
AZDOMA475SCEN
Gross Portfolio Debt Liabilities to GDP for Dominican Republic
DDDM10DOA156NWDB
Use of Financial Services, Liabilities: Outstanding Deposits by Households at Other Deposit Takers for Dominican Republic
DOMFCLODDHXDC
Outstanding Total International Debt Securities to GDP for Dominican Republic
DDDM07DOA156NWDB
Net Issues of International Debt Securities for All Issuers, All Maturities, Nationality of Issuer in Dominican Republic
IDSGAMNINIDO
Citation
U.S. Federal Reserve, Bank's Cost to Income Ratio for Dominican Republic (DDEI07DOA156NWDB), retrieved from FRED.