Bank's Return on Equity for Ethiopia
DDEI06ETA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
11.28
Year-over-Year Change
-66.73%
Date Range
1/1/2000 - 1/1/2021
Summary
The Bank's Return on Equity for Ethiopia measures the profitability of the country's banking sector. It is a key indicator of financial sector performance and economic stability.
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 Ethiopia. It provides insight into the efficiency and profitability of the national banking system.
Methodology
The data is collected and reported by the World Bank as part of its Development Indicators database.
Historical Context
Policymakers use this trend to assess the health and competitiveness of Ethiopia's financial industry.
Key Facts
- Ethiopia's bank ROE was 15.8% in 2020.
- The metric has increased from 10.1% in 2010.
- High bank profitability can signal a stable, competitive financial system.
FAQs
Q: What does this economic trend measure?
A: The Bank's Return on Equity for Ethiopia measures the profitability of the country's 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 insight into the efficiency and health of Ethiopia's financial industry, which is a key indicator of overall economic stability and development.
Q: How is this data collected or calculated?
A: The data is collected and reported by the World Bank as part of its Development Indicators database.
Q: How is this trend used in economic policy?
A: Policymakers use this trend to assess the competitiveness and performance of Ethiopia's banking sector, which informs financial regulations and development strategies.
Q: Are there update delays or limitations?
A: The data is reported annually with a lag, so the most recent year may not be immediately available.
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Citation
U.S. Federal Reserve, Bank's Return on Equity for Ethiopia (DDEI06ETA156NWDB), retrieved from FRED.