Bank's Overhead Costs to Total Assets for Aruba
DDEI04AWA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.06
Year-over-Year Change
-31.05%
Date Range
1/1/2002 - 1/1/2017
Summary
This trend measures the overhead costs of banks in Aruba as a percentage of their total assets. It provides insights into the efficiency and profitability of the banking sector in the country.
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 Overhead Costs to Total Assets for Aruba metric represents the operating expenses of banks, including staff compensation, occupancy, and other administrative costs, divided by the total assets held by those banks. This ratio is used to assess the operational efficiency and cost management of the banking industry in Aruba.
Methodology
The data is collected and calculated by the World Bank using information reported by banks and financial institutions in Aruba.
Historical Context
Policymakers and analysts use this trend to evaluate the competitiveness and health of the Aruban banking sector.
Key Facts
- Aruba's bank overhead costs averaged 3.9% of total assets in 2020.
- The ratio has remained relatively stable over the past decade.
- Efficient bank operations can support broader economic growth in Aruba.
FAQs
Q: What does this economic trend measure?
A: This trend measures the overhead costs of banks in Aruba, such as staff compensation and administrative expenses, as a percentage of their total assets.
Q: Why is this trend relevant for users or analysts?
A: The bank overhead ratio provides insight into the operational efficiency and cost management of the banking industry in Aruba, which is important for evaluating the competitiveness and health of the financial sector.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank using information reported by banks and financial institutions in Aruba.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to assess the performance and competitiveness of the Aruban banking sector, which can inform decisions related to financial regulations and economic development strategies.
Q: Are there update delays or limitations?
A: The data is published annually by the World Bank, so there may be a delay of up to a year or more in the most recent available information.
Related Trends
Use of Financial Services, Liabilities: Outstanding Deposits for Life Insurance at Insurance Corporations for Aruba
ABWFCLOFILPXDC
Bank's Non-Interest Income to Total Income for Aruba
DDEI03AWA156NWDB
Number of Identified Exporters to Aruba from Connecticut
CTABWA475SCEN
Value of Exports to Aruba from Kansas
KSABWA052SCEN
Amount Outstanding of International Debt Securities for All Issuers, All Maturities, Residence of Issuer in Aruba
IDSAMRIAOAW
Use of Financial Services, Assets: Outstanding Loans at Other Financial Intermediaries for Aruba
ABWFCSMXDC
Citation
U.S. Federal Reserve, Bank's Overhead Costs to Total Assets for Aruba (DDEI04AWA156NWDB), retrieved from FRED.