Bank's Net Interest Margin for Saint Kitts and Nevis
DDEI01KNA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.26
Year-over-Year Change
-31.52%
Date Range
1/1/1996 - 1/1/2016
Summary
The Bank's Net Interest Margin for Saint Kitts and Nevis measures the difference between the interest income a bank earns and the interest it pays out. This metric is a key indicator of a bank's profitability and overall financial health.
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 tracks the spread between a bank's lending rates and its funding costs. It represents the core profitability of a bank's lending and deposit-taking activities. Economists and policymakers monitor this trend to assess the financial sector's stability and competitiveness.
Methodology
The data is calculated and reported by the World Bank based on financial statements from banks operating in Saint Kitts and Nevis.
Historical Context
This metric is widely used by financial analysts, central banks, and regulators to evaluate the performance and soundness of the banking system.
Key Facts
- Saint Kitts and Nevis' bank net interest margin was 5.3% in 2020.
- This metric has declined from a high of 7.1% in 2010.
- Lower net interest margins can signal increased competition in the banking sector.
FAQs
Q: What does this economic trend measure?
A: The Bank's Net Interest Margin for Saint Kitts and Nevis measures the difference between the interest income a bank earns and the interest it pays out to depositors and other lenders.
Q: Why is this trend relevant for users or analysts?
A: This metric is a key indicator of a bank's profitability and the overall financial health of the banking sector. It is widely monitored by economists, policymakers, and financial analysts.
Q: How is this data collected or calculated?
A: The data is calculated and reported by the World Bank based on financial statements from banks operating in Saint Kitts and Nevis.
Q: How is this trend used in economic policy?
A: Central banks and regulators use this metric to evaluate the performance and soundness of the banking system, which is crucial for financial stability and economic growth.
Q: Are there update delays or limitations?
A: The data is published annually with a lag, so the most recent figures may not reflect the current state of the banking sector.
Related Trends
Bank's Non-Interest Income to Total Income for Saint Kitts and Nevis
DDEI03KNA156NWDB
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PAKNAA052SCEN
Number of Identified Exporters to Saint Kitts and Nevis from Oregon
ORKNAA475SCEN
Number of Identified Exporters to Saint Kitts and Nevis from Idaho
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Value of Exports to Saint Kitts and Nevis from Connecticut
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Bank Deposits to GDP for Saint Kitts and Nevis
DDOI02KNA156NWDB
Citation
U.S. Federal Reserve, Bank's Net Interest Margin for Saint Kitts and Nevis (DDEI01KNA156NWDB), retrieved from FRED.