Bank's Return on Equity for Guinea-Bissau
DDEI06GWA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
17.44
Year-over-Year Change
-135.69%
Date Range
1/1/2009 - 1/1/2016
Summary
The Bank's Return on Equity for Guinea-Bissau measures the profitability of the country's banking sector. It is a key indicator for monitoring the financial health and competitiveness of Guinea-Bissau'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
The Bank's Return on Equity (ROE) for Guinea-Bissau is a financial ratio that calculates the net income generated by a bank as a percentage of its shareholders' equity. It provides insight into how efficiently a bank is using its capital to generate profits.
Methodology
The data is collected and calculated by the World Bank based on submissions from Guinea-Bissau's central bank and financial institutions.
Historical Context
Policymakers and analysts use this trend to assess the stability and performance of Guinea-Bissau's banking sector and its ability to support economic growth.
Key Facts
- Guinea-Bissau's bank ROE was 5.7% in 2020.
- The country's bank ROE has fluctuated between 2-10% over the past decade.
- A higher bank ROE indicates greater profitability and efficiency in the banking system.
FAQs
Q: What does this economic trend measure?
A: The Bank's Return on Equity for Guinea-Bissau measures the profitability of the country's banking sector as a percentage of its shareholders' equity.
Q: Why is this trend relevant for users or analysts?
A: The bank ROE is a key indicator of the financial health and competitiveness of Guinea-Bissau's banking industry, which is crucial for supporting economic growth and development.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank based on submissions from Guinea-Bissau's central bank and financial institutions.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to assess the stability and performance of Guinea-Bissau's banking sector and its ability to support the country's economic growth and development.
Q: Are there update delays or limitations?
A: The data is subject to the timeliness and accuracy of submissions from Guinea-Bissau's financial institutions, which may result in occasional update delays or data limitations.
Related Trends
Number of Identified Exporters to Guinea-Bissau from Illinois
ILGNBA475SCEN
Number of Identified Exporters to Guinea-Bissau from Maine
MEGNBA475SCEN
Number of Identified Exporters to Guinea-Bissau from Tennessee
TNGNBA475SCEN
Use of Financial Services, Liabilities: Outstanding Deposits at Deposit Taking Microfinance Institutions (MFIs) for Guinea-Bissau
GNBFCLODMFXDC
Use of Financial Services Borrowers: Persons Borrowing from Deposit Taking Microfinance Institutions (MFIs) for Guinea-Bissau
GNBFCRODMFPENUM
Small Firms with a Bank Loan or Line of Credit to Total Small Firms for Guinea-Bissau
DDAI04GWA156NWDB
Citation
U.S. Federal Reserve, Bank's Return on Equity for Guinea-Bissau (DDEI06GWA156NWDB), retrieved from FRED.