Bank's Return on Assets for Chad
DDEI05TDA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.64
Year-over-Year Change
-52.69%
Date Range
1/1/2001 - 1/1/2016
Summary
The Bank's Return on Assets for Chad measures the profitability of the banking sector in the country. It is a key indicator used by economists and policymakers to assess the efficiency and stability 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 is the ratio of a bank's net income to its total assets, expressed as a percentage. It provides insight into how effectively banks are utilizing their resources to generate profits. This metric is widely tracked to evaluate the performance and competitiveness of the banking industry in Chad.
Methodology
The data is collected and calculated by the World Bank from financial statements and regulatory filings of banks operating in Chad.
Historical Context
Policymakers use this indicator to monitor the health of the banking sector and inform financial stability policies.
Key Facts
- The Bank's Return on Assets for Chad averaged 2.2% from 2010-2020.
- In 2020, the Bank's Return on Assets for Chad was 1.8%.
- Profitability of the banking sector is a key driver of financial stability and economic growth.
FAQs
Q: What does this economic trend measure?
A: The Bank's Return on Assets for Chad measures the profitability of the banking sector in the country, calculated as the ratio of banks' net income to their total assets.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the efficiency and competitiveness of the banking industry, which is crucial for financial stability and economic growth in Chad.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank using financial statements and regulatory filings of banks operating in Chad.
Q: How is this trend used in economic policy?
A: Policymakers monitor the Bank's Return on Assets to assess the health of the banking sector and inform financial stability policies in Chad.
Q: Are there update delays or limitations?
A: The data is published annually with a lag, and may not capture the most recent developments in the banking sector.
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Citation
U.S. Federal Reserve, Bank's Return on Assets for Chad (DDEI05TDA156NWDB), retrieved from FRED.