Bank's Return on Assets for Guinea-Bissau
DDEI05GWA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.02
Year-over-Year Change
-143.11%
Date Range
1/1/2009 - 1/1/2016
Summary
This economic trend measures the return on assets (ROA) for the banking sector in Guinea-Bissau. ROA is a key indicator of a banking system's profitability and efficiency.
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) metric represents the ratio of a country's banking sector net income to its total assets. It is a widely used measure of the banking system's profitability and overall financial health.
Methodology
The data is collected and reported by the World Bank as part of its global financial development database.
Historical Context
Policymakers and analysts use this metric to assess the performance and stability of Guinea-Bissau's banking industry.
Key Facts
- Guinea-Bissau's bank ROA was 1.4% in 2020.
- The banking sector's ROA has fluctuated between 0.3% and 2.4% over the past decade.
- High bank ROA indicates efficient and profitable banking operations.
FAQs
Q: What does this economic trend measure?
A: This trend measures the return on assets (ROA) for the banking sector in Guinea-Bissau. ROA is a key indicator of a banking system's profitability and efficiency.
Q: Why is this trend relevant for users or analysts?
A: The bank's ROA is an important metric for assessing the performance and stability of Guinea-Bissau's banking industry, which is crucial for economic growth and development.
Q: How is this data collected or calculated?
A: The data is collected and reported by the World Bank as part of its global financial development database.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to evaluate the health and efficiency of Guinea-Bissau's banking sector, which informs policy decisions related to financial stability and economic growth.
Q: Are there update delays or limitations?
A: The data is updated annually by the World Bank, so there may be a delay of up to a year in the most recent figures being available.
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Citation
U.S. Federal Reserve, Bank's Return on Assets for Guinea-Bissau (DDEI05GWA156NWDB), retrieved from FRED.