Bank's Return on Assets for Solomon Islands
DDEI05SBA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.73
Year-over-Year Change
-30.30%
Date Range
1/1/2004 - 1/1/2006
Summary
The 'Bank's Return on Assets for Solomon Islands' metric measures the profitability of the banking sector in the Solomon Islands. It is a key indicator of the financial health and stability of the country's banking 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
This economic trend represents the ratio of net income to total assets for banks operating in the Solomon Islands. It provides insight into the efficiency and profitability of the banking industry, which is crucial for economic growth and development.
Methodology
The data is collected and reported by the World Bank based on financial statements and regulatory filings from banks in the Solomon Islands.
Historical Context
Policymakers and financial analysts use this metric to assess the performance and resilience of the Solomon Islands' banking sector.
Key Facts
- The average bank's return on assets in Solomon Islands was 2.1% in 2020.
- The banking sector in Solomon Islands is dominated by three major commercial banks.
- The central bank of Solomon Islands is the Central Bank of Solomon Islands.
FAQs
Q: What does this economic trend measure?
A: The 'Bank's Return on Assets for Solomon Islands' metric measures the profitability of the banking sector in the Solomon Islands, specifically the ratio of net income to total assets for banks operating in the country.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into the efficiency and profitability of the Solomon Islands' banking industry, which is crucial for economic growth and development. It is used by policymakers and financial analysts to assess the performance and resilience of the country's banking sector.
Q: How is this data collected or calculated?
A: The data is collected and reported by the World Bank based on financial statements and regulatory filings from banks in the Solomon Islands.
Q: How is this trend used in economic policy?
A: Policymakers and financial analysts use this metric to assess the performance and resilience of the Solomon Islands' banking sector, which is crucial for supporting economic growth and development in the country.
Q: Are there update delays or limitations?
A: The data on the 'Bank's Return on Assets for Solomon Islands' is published by the World Bank with potential update delays, and may be subject to limitations in data collection or reporting from the banking sector in the Solomon Islands.
Related Trends
Financial System Deposits to GDP for Solomon Islands
DDDI08SBA156NWDB
Liquid Liabilities (Broad Money) for Solomon Islands
DDOI07SBA648NWDB
Use of Financial Services Deposit Accounts: Accounts at Other Deposit Takers for Solomon Islands
SLBFCAODDNUM
Use of Financial Services: Number of Depositors at Commercial Banks for Solomon Islands
SLBFCDODCPENUM
Number of Identified Exporters to Solomon Islands from District of Columbia
DCSLBA475SCEN
Geographical Outreach, Mobile Banking: Registered Number of Agent Outlets for Solomon Islands
SLBFCMORNUM
Citation
U.S. Federal Reserve, Bank's Return on Assets for Solomon Islands (DDEI05SBA156NWDB), retrieved from FRED.