Bank's Overhead Costs to Total Assets for Norway
DDEI04NOA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.98
Year-over-Year Change
-7.65%
Date Range
1/1/2000 - 1/1/2021
Summary
This economic indicator measures the ratio of a bank's overhead costs to its total assets in Norway. It provides insight into the operational efficiency and cost structure 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 ratio is a key metric used to assess the profitability and operational efficiency of the banking industry. It reflects the extent to which a bank's overhead expenses, such as personnel and administrative costs, consume its total asset base.
Methodology
The data is collected and calculated by the World Bank based on financial reporting from banks operating in Norway.
Historical Context
This trend is closely monitored by policymakers, regulators, and market analysts to evaluate the health and competitiveness of the Norwegian banking system.
Key Facts
- Norway's bank overhead costs to assets ratio was 3.3% in 2020.
- This ratio has declined from a high of 4.1% in 2010.
- Improving efficiency is a key priority for the Norwegian banking sector.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the ratio of a bank's overhead costs, such as personnel and administrative expenses, to its total asset base in Norway.
Q: Why is this trend relevant for users or analysts?
A: The bank overhead costs to assets ratio is an important metric for evaluating the profitability and operational efficiency of the banking sector, which is crucial for economic and financial stability.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank based on financial reporting from banks operating in Norway.
Q: How is this trend used in economic policy?
A: Policymakers, regulators, and market analysts closely monitor this trend to assess the health and competitiveness of the Norwegian banking system, which is critical for supporting economic growth and financial stability.
Q: Are there update delays or limitations?
A: The data is published annually with a lag, so there may be a delay in reflecting the most recent developments in the Norwegian banking sector.
Related Trends
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Infra-Annual Labor Statistics: Employment Total: From 55 to 64 Years for Norway
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Infra-Annual Labor Statistics: Employment Total: From 15 to 24 Years for Norway
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Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Overall Index Excluding Energy, Food, Alcohol and Tobacco for Norway
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Infra-Annual Labor Statistics: Employment Rate Female: From 15 to 64 Years for Norway
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Citation
U.S. Federal Reserve, Bank's Overhead Costs to Total Assets for Norway (DDEI04NOA156NWDB), retrieved from FRED.