Bank's Overhead Costs to Total Assets for Singapore

DDEI04SGA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

0.85

Year-over-Year Change

-11.73%

Date Range

1/1/2000 - 1/1/2021

Summary

The 'Bank's Overhead Costs to Total Assets for Singapore' trend measures the ratio of a bank's overhead expenses to its total assets in the Singaporean market. This metric provides insights 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

This economic indicator tracks the ratio of a bank's overhead costs, such as salaries, rent, and other administrative expenses, to its total assets. It offers insights into the profitability and efficiency of the Singaporean banking industry, which is a critical component of the country's financial system.

Methodology

The data is collected by the World Bank from national sources and regulatory agencies.

Historical Context

This trend is used by policymakers, economists, and financial analysts to assess the competitiveness and health of the Singaporean banking sector.

Key Facts

  • Singapore has one of the most developed banking sectors in Asia.
  • The average bank's overhead costs to total assets ratio in Singapore is around 2%.
  • The Singaporean banking industry is highly competitive and well-regulated.

FAQs

Q: What does this economic trend measure?

A: This trend measures the ratio of a bank's overhead expenses, such as salaries, rent, and other administrative costs, to its total assets in the Singaporean market.

Q: Why is this trend relevant for users or analysts?

A: This metric provides insights into the operational efficiency and cost structure of the Singaporean banking sector, which is a critical component of the country's financial system.

Q: How is this data collected or calculated?

A: The data is collected by the World Bank from national sources and regulatory agencies.

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 the Singaporean banking industry.

Q: Are there update delays or limitations?

A: The data is updated annually, and there may be some delays in reporting from national sources.

Related Trends

Citation

U.S. Federal Reserve, Bank's Overhead Costs to Total Assets for Singapore (DDEI04SGA156NWDB), retrieved from FRED.