Bank's Overhead Costs to Total Assets for Liberia
DDEI04LRA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5.55
Year-over-Year Change
-43.55%
Date Range
1/1/2015 - 1/1/2021
Summary
This trend measures the ratio of total overhead costs to total assets for the banking sector in Liberia. It provides insights into the efficiency and profitability of the Liberian banking industry.
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 Liberia metric represents the proportion of a bank's total assets that are consumed by operating expenses, such as staff compensation, occupancy, and other administrative costs. This ratio is a key indicator of a banking system's efficiency and profitability.
Methodology
The data is collected and calculated by the World Bank from national sources.
Historical Context
Policymakers and analysts use this metric to assess the competitiveness and health of the Liberian banking sector.
Key Facts
- Liberia's bank overhead costs averaged 6.7% of total assets from 2010-2020.
- The ratio peaked at 7.6% in 2015, indicating higher operating expenses.
- Lower overhead ratios are generally associated with more efficient banking systems.
FAQs
Q: What does this economic trend measure?
A: This trend measures the ratio of total overhead costs to total assets for the banking sector in Liberia. It provides insights into the efficiency and profitability of the Liberian banking industry.
Q: Why is this trend relevant for users or analysts?
A: This metric is relevant for understanding the competitiveness and health of the Liberian banking sector. It can inform policymakers and analysts about the efficiency and profitability of banks in the country.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank from national sources.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess the competitiveness and health of the Liberian banking sector, which can inform regulatory and policy decisions.
Q: Are there update delays or limitations?
A: The data may be subject to update delays or limitations based on the availability of information from national sources in Liberia.
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Citation
U.S. Federal Reserve, Bank's Overhead Costs to Total Assets for Liberia (DDEI04LRA156NWDB), retrieved from FRED.