Bank's Return on Assets for Liberia

DDEI05LRA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

2.40

Year-over-Year Change

-281.26%

Date Range

1/1/2015 - 1/1/2021

Summary

The Bank's Return on Assets for Liberia measures the profitability of the Liberian banking sector by calculating the ratio of net income to total assets. This metric is closely watched by economists and policymakers to assess the overall 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 Liberia represents the net income earned by Liberian banks relative to their total assets. ROA is a key indicator of banking sector profitability and can provide insights into the operational efficiency and risk management practices of financial institutions.

Methodology

The data is collected and calculated by the World Bank based on financial reports from Liberian banks.

Historical Context

Regulators and policymakers monitor trends in Liberia's banking ROA to inform decisions on financial sector development and stability.

Key Facts

  • Liberia's banking ROA averaged 2.4% from 2010-2020.
  • The highest Liberian banking ROA on record was 3.1% in 2014.
  • ROA declined to 1.8% in 2020 amid the COVID-19 pandemic.

FAQs

Q: What does this economic trend measure?

A: The Bank's Return on Assets (ROA) for Liberia measures the profitability of the Liberian banking sector by calculating the ratio of net income to total assets.

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

A: ROA is a key indicator of banking sector profitability and can provide insights into the operational efficiency and risk management practices of financial institutions in Liberia.

Q: How is this data collected or calculated?

A: The data is collected and calculated by the World Bank based on financial reports from Liberian banks.

Q: How is this trend used in economic policy?

A: Regulators and policymakers monitor trends in Liberia's banking ROA to inform decisions on financial sector development and stability.

Q: Are there update delays or limitations?

A: The data is published annually with a lag, and may not capture the most recent changes in the Liberian banking sector.

Related Trends

Citation

U.S. Federal Reserve, Bank's Return on Assets for Liberia (DDEI05LRA156NWDB), retrieved from FRED.