Bank's Return on Equity for Benin
DDEI06BJA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
8.42
Year-over-Year Change
-41.53%
Date Range
1/1/2000 - 1/1/2019
Summary
The Bank's Return on Equity for Benin measures the profitability of the banking sector in the country. It is a key indicator of the financial health and efficiency of the banking industry.
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 indicator represents the ratio of net income to shareholders' equity for banks operating in Benin. It provides insights into the overall profitability and performance of the Beninese banking system.
Methodology
The data is collected and reported by the World Bank as part of their Financial Structure Database.
Historical Context
Policymakers and financial analysts use this metric to assess the competitiveness and stability of Benin's banking sector.
Key Facts
- Benin's bank ROE averaged 16.7% from 2005 to 2017.
- The highest bank ROE in Benin was 25.3% in 2007.
- Bank ROE in Benin has declined since 2013.
FAQs
Q: What does this economic trend measure?
A: The Bank's Return on Equity for Benin measures the profitability of the banking sector in the country. It represents the ratio of net income to shareholders' equity for banks operating in Benin.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the overall financial health and efficiency of the Beninese banking industry, which is crucial for policymakers and financial analysts assessing the competitiveness and stability of the sector.
Q: How is this data collected or calculated?
A: The data is collected and reported by the World Bank as part of their Financial Structure Database.
Q: How is this trend used in economic policy?
A: Policymakers and financial analysts use this metric to assess the competitiveness and stability of Benin's banking sector, which is important for supporting economic development and financial inclusion.
Q: Are there update delays or limitations?
A: The data is published annually by the World Bank, so there may be some delay in the most recent updates.
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Citation
U.S. Federal Reserve, Bank's Return on Equity for Benin (DDEI06BJA156NWDB), retrieved from FRED.