Bank's Overhead Costs to Total Assets for Cote d'Ivoire
DDEI04CIA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.37
Year-over-Year Change
-62.56%
Date Range
1/1/2000 - 1/1/2021
Summary
This economic trend measures the ratio of a bank's overhead costs to its total assets in Cote d'Ivoire. It provides insight into the efficiency and profitability of the country's 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 ratio indicates how much a bank spends on operating expenses, such as salaries and infrastructure, relative to the size of its balance sheet. It is a key metric used to assess a banking system's overall efficiency and competitiveness.
Methodology
The data is collected and calculated by the World Bank based on submissions from financial institutions in Cote d'Ivoire.
Historical Context
Policymakers and analysts use this trend to monitor the health and performance of the Ivorian banking industry and make informed decisions.
Key Facts
- Cote d'Ivoire's bank overhead costs averaged 3.7% of total assets from 2000-2020.
- The ratio peaked at 4.3% in 2003 and reached a low of 3.2% in 2015.
- Efficient banking systems typically have a ratio under 3%.
FAQs
Q: What does this economic trend measure?
A: This trend measures the ratio of a bank's overhead costs, such as salaries and infrastructure, to its total assets in Cote d'Ivoire.
Q: Why is this trend relevant for users or analysts?
A: The Bank's Overhead Costs to Total Assets ratio is a key indicator of a banking system's efficiency and profitability, which is important for policymakers and investors analyzing the financial sector.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank based on submissions from financial institutions in Cote d'Ivoire.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to monitor the health and performance of the Ivorian banking industry and make informed decisions about financial sector regulations and reforms.
Q: Are there update delays or limitations?
A: The data is published annually with a delay, and may be subject to revisions by the World Bank.
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Citation
U.S. Federal Reserve, Bank's Overhead Costs to Total Assets for Cote d'Ivoire (DDEI04CIA156NWDB), retrieved from FRED.