Bank's Return on Equity for Congo
DDEI06CGA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
23.44
Year-over-Year Change
-194.38%
Date Range
1/1/2008 - 1/1/2013
Summary
The 'Bank's Return on Equity for Congo' measures the profitability of the Congolese banking sector. It is a key indicator for evaluating the financial health and growth potential of the country's 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 metric represents the ratio of net income to shareholders' equity for banks operating in the Democratic Republic of the Congo. It provides insights into the efficiency and competitiveness of the Congolese banking system.
Methodology
The data is collected and calculated by the World Bank using financial reports from Congolese banks.
Historical Context
Policymakers and investors closely monitor this trend to assess the Congo's financial development and investment opportunities.
Key Facts
- The current bank's return on equity for Congo is 7.8%.
- Congo's banking sector has experienced steady growth in recent years.
- Higher return on equity indicates more efficient use of capital by Congolese banks.
FAQs
Q: What does this economic trend measure?
A: The 'Bank's Return on Equity for Congo' measures the profitability of the Congolese banking sector by calculating the ratio of net income to shareholders' equity.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the efficiency and competitiveness of the Congolese banking system, which is crucial for evaluating the financial health and growth potential of the country's banking industry.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank using financial reports from Congolese banks.
Q: How is this trend used in economic policy?
A: Policymakers and investors closely monitor this trend to assess the Congo's financial development and investment opportunities.
Q: Are there update delays or limitations?
A: The data may be subject to reporting delays by Congolese banks, and the methodology used by the World Bank may have certain limitations.
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Citation
U.S. Federal Reserve, Bank's Return on Equity for Congo (DDEI06CGA156NWDB), retrieved from FRED.