Bank's Net Interest Margin for El Salvador
DDEI01SVA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6.00
Year-over-Year Change
2.07%
Date Range
1/1/2000 - 1/1/2021
Summary
The Bank's Net Interest Margin for El Salvador measures the difference between the interest income earned by banks and the interest paid to their depositors, as a percentage of their total earning assets.
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 metric provides insight into the profitability and efficiency of the banking sector in El Salvador. It is closely monitored by policymakers, investors, and analysts to assess the financial health and competitiveness of the country's banking industry.
Methodology
The data is collected and reported by the World Bank as part of its Global Financial Development Database.
Historical Context
The net interest margin is a key indicator used to evaluate the performance and competitive dynamics of the Salvadoran banking system.
Key Facts
- El Salvador's bank net interest margin averaged 5.7% from 2000 to 2020.
- The margin reached a high of 6.5% in 2003 and a low of 5% in 2018.
- The net interest margin is an important metric for assessing bank profitability.
FAQs
Q: What does this economic trend measure?
A: The Bank's Net Interest Margin for El Salvador measures the difference between the interest income earned by banks and the interest paid to their depositors, as a percentage of their total earning 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 El Salvador, which is closely monitored by policymakers, investors, and analysts to assess the financial health and competitiveness of the country's banking industry.
Q: How is this data collected or calculated?
A: The data is collected and reported by the World Bank as part of its Global Financial Development Database.
Q: How is this trend used in economic policy?
A: The net interest margin is a key indicator used to evaluate the performance and competitive dynamics of the Salvadoran banking system, which is relevant for policymakers, markets, and economists.
Q: Are there update delays or limitations?
A: The data is subject to the reporting and publication schedules of the World Bank's Global Financial Development Database.
Related Trends
Fiscal Year Gross Domestic Product for El Salvador
SLVNGDPFY
Amount Outstanding of International Debt Securities for All Issuers, All Maturities, Residence of Issuer in El Salvador
IDSAMRIAOSV
Value of Exports to El Salvador from Utah
UTSLVA052SCEN
Bank's Return on Assets for El Salvador
DDEI05SVA156NWDB
Credit to Government and State-Owned Enterprises to GDP for El Salvador
DDEI08SVA156NWDB
Value of Exports to El Salvador from Nevada
NVSLVA052SCEN
Citation
U.S. Federal Reserve, Bank's Net Interest Margin for El Salvador (DDEI01SVA156NWDB), retrieved from FRED.