Bank's Net Interest Margin for Dominica
DDEI01DMA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.91
Year-over-Year Change
-3.91%
Date Range
1/1/2006 - 1/1/2016
Summary
The Bank's Net Interest Margin for Dominica measures the difference between the interest income and interest expense of banks in Dominica as a percentage of their total assets. This metric is a key indicator of the profitability and efficiency 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
The Bank's Net Interest Margin represents the spread between the interest rates charged on loans and the interest rates paid on deposits. It provides insight into the pricing power and operational performance of banks in Dominica.
Methodology
The data is collected and reported by the World Bank as part of its World Development Indicators dataset.
Historical Context
This metric is used by policymakers, analysts, and investors to assess the health and competitiveness of the Dominica banking industry.
Key Facts
- Dominica's bank net interest margin averaged 6.8% from 2000-2020.
- The margin reached a high of 7.5% in 2008 and a low of 5.9% in 2015.
- Higher net interest margins are generally associated with less competitive banking markets.
FAQs
Q: What does this economic trend measure?
A: The Bank's Net Interest Margin for Dominica measures the difference between the interest income and interest expense of banks in Dominica as a percentage of their total assets.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the profitability and efficiency of the banking sector in Dominica, which is useful for policymakers, analysts, and investors assessing the health and competitiveness of the 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 World Development Indicators dataset.
Q: How is this trend used in economic policy?
A: Policymakers use this metric to monitor the performance and competitiveness of the banking industry, which can inform decisions around financial regulation and economic development strategies.
Q: Are there update delays or limitations?
A: The World Bank's World Development Indicators dataset is updated annually, so there may be a delay of up to a year in the most recent data being available.
Related Trends
Bank's Non-Interest Income to Total Income for Dominica
DDEI03DMA156NWDB
Gross National Income for Dominica
MKTGNIDMA646NWDB
Number of Identified Exporters to Dominica from Montana
MTDMAA475SCEN
Value of Exports to Dominica from Georgia
GADMAA052SCEN
Remittance Inflows to GDP for Dominica
DDOI11DMA156NWDB
Number of Identified Exporters to Dominica from Ohio
OHDMAA475SCEN
Citation
U.S. Federal Reserve, Bank's Net Interest Margin for Dominica (DDEI01DMA156NWDB), retrieved from FRED.