Bank's Return on Assets for Cuba
DDEI05CUA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.41
Year-over-Year Change
10.41%
Date Range
1/1/2001 - 1/1/2020
Summary
The Bank's Return on Assets for Cuba measures the profitability of the country's banking sector. It is a key economic indicator used by policymakers and analysts to assess the health and efficiency of the financial system.
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 Return on Assets (ROA) for Cuba represents the ratio of a bank's annual net income to its total assets. It provides insight into how effectively banks are using their assets to generate profits and is a widely-tracked metric of banking industry performance.
Methodology
The data is collected and reported by the World Bank based on submissions from Cuban financial institutions.
Historical Context
Policymakers and investors monitor the ROA trend to gauge the financial stability and growth potential of the Cuban economy.
Key Facts
- Cuba's ROA reached a peak of 1.3% in 2015.
- The ROA has declined from its high, indicating reduced banking profitability.
- A higher ROA signals a more efficient and profitable banking sector.
FAQs
Q: What does this economic trend measure?
A: The Bank's Return on Assets (ROA) for Cuba measures the profitability of the country's banking sector by calculating the ratio of net income to total assets.
Q: Why is this trend relevant for users or analysts?
A: The ROA is a key indicator of the health and efficiency of Cuba's financial system, providing insight into how effectively banks are utilizing their assets to generate profits.
Q: How is this data collected or calculated?
A: The data is collected and reported by the World Bank based on submissions from Cuban financial institutions.
Q: How is this trend used in economic policy?
A: Policymakers and investors monitor the ROA trend to gauge the financial stability and growth potential of the Cuban economy.
Q: Are there update delays or limitations?
A: The data may have delays or limitations due to the challenges of collecting information from the Cuban financial sector.
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Citation
U.S. Federal Reserve, Bank's Return on Assets for Cuba (DDEI05CUA156NWDB), retrieved from FRED.