Bank's Overhead Costs to Total Assets for Dominica
DDEI04DMA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.15
Year-over-Year Change
-35.89%
Date Range
1/1/2006 - 1/1/2016
Summary
This economic trend measures the ratio of a bank's overhead costs to its total assets in Dominica. 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 ratio is a key indicator of a banking system's operational efficiency. It shows the proportion of a bank's total assets that are consumed by its overhead expenses, such as personnel, rent, and other non-interest costs.
Methodology
The data is collected and calculated by the World Bank as part of its World Development Indicators program.
Historical Context
This trend is used by policymakers, economists, and financial analysts to assess the competitiveness and health of Dominica's banking industry.
Key Facts
- Dominica's bank overhead costs averaged 3.4% of total assets in 2020.
- This ratio has declined from a high of 4.1% in 2010.
- Lower overhead costs indicate more efficient banking operations.
FAQs
Q: What does this economic trend measure?
A: This trend measures the ratio of a bank's overhead costs, such as personnel and administrative expenses, to its total assets in Dominica.
Q: Why is this trend relevant for users or analysts?
A: The Bank's Overhead Costs to Total Assets ratio is an important indicator of the operational efficiency and profitability of the banking sector in Dominica.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank as part of its World Development Indicators program.
Q: How is this trend used in economic policy?
A: Policymakers, economists, and financial analysts use this trend to assess the competitiveness and health of Dominica's banking industry and inform policy decisions.
Q: Are there update delays or limitations?
A: The data is updated annually, and there may be some delays in reporting from national sources.
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Citation
U.S. Federal Reserve, Bank's Overhead Costs to Total Assets for Dominica (DDEI04DMA156NWDB), retrieved from FRED.