Bank's Overhead Costs to Total Assets for Barbados
DDEI04BBA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.14
Year-over-Year Change
-26.57%
Date Range
1/1/2008 - 1/1/2021
Summary
This economic trend measures the ratio of overhead costs to total assets for banks in Barbados. It provides insights 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
The Bank's Overhead Costs to Total Assets for Barbados metric represents the proportion of a bank's total assets that are consumed by operating expenses such as salaries, rent, and other administrative costs. This ratio is a key indicator of a banking system's efficiency and can be used to assess the competitiveness and profitability of the financial sector.
Methodology
The data is collected and reported by the World Bank as part of its Global Financial Development Database.
Historical Context
Policymakers and financial analysts use this metric to evaluate the health and performance of the Barbadian banking industry.
Key Facts
- Barbados' bank overhead costs averaged 5.7% of total assets from 2000 to 2019.
- The ratio peaked at 6.7% in 2009 during the global financial crisis.
- Lower overhead costs indicate greater banking sector efficiency.
FAQs
Q: What does this economic trend measure?
A: This trend measures the ratio of overhead costs (such as salaries, rent, and administrative expenses) to total assets for banks operating in Barbados.
Q: Why is this trend relevant for users or analysts?
A: The bank overhead cost ratio is an important indicator of the efficiency and profitability of the Barbadian banking sector, which is crucial for evaluating the health and competitiveness of the financial system.
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: Policymakers and financial analysts use this metric to assess the performance and competitiveness of the Barbadian banking industry, which can inform regulatory and economic development policies.
Q: Are there update delays or limitations?
A: The data is published annually by the World Bank, with a potential delay of 1-2 years in the most recent figures.
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Citation
U.S. Federal Reserve, Bank's Overhead Costs to Total Assets for Barbados (DDEI04BBA156NWDB), retrieved from FRED.