Bank's Return on Equity for Hong Kong SAR, China
DDEI06HKA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6.83
Year-over-Year Change
-62.52%
Date Range
1/1/2000 - 1/1/2021
Summary
The Bank's Return on Equity for Hong Kong SAR, China measures the profitability of the banking sector in the region. It is a key indicator for economists and policymakers to assess 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 after-tax net income earned as a percentage of the total equity capital of banks operating in Hong Kong. It provides insight into the overall profitability and performance of the banking sector in the Hong Kong economy.
Methodology
The data is calculated and reported by the World Bank based on financial statements from banks in Hong Kong.
Historical Context
Policymakers and analysts use this metric to monitor the competitiveness and stability of the Hong Kong banking system.
Key Facts
- Bank's Return on Equity was 13.3% in 2021.
- Hong Kong has one of the most developed banking sectors globally.
- The indicator has fluctuated between 10-15% over the past decade.
FAQs
Q: What does this economic trend measure?
A: The Bank's Return on Equity for Hong Kong SAR, China measures the profitability of the banking sector in the region by calculating the after-tax net income as a percentage of total equity capital.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the overall financial health and efficiency of the banking industry in Hong Kong, which is a key indicator for economists and policymakers.
Q: How is this data collected or calculated?
A: The data is calculated and reported by the World Bank based on financial statements from banks operating in Hong Kong.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to monitor the competitiveness and stability of the Hong Kong banking system, which is crucial for the overall economic performance of the region.
Q: Are there update delays or limitations?
A: The data is updated annually by the World Bank, so there may be a 1-year delay in the most recent figures.
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Citation
U.S. Federal Reserve, Bank's Return on Equity for Hong Kong SAR, China (DDEI06HKA156NWDB), retrieved from FRED.