Bank's Return on Equity for Saint Lucia
DDEI06LCA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
22.94
Year-over-Year Change
979.00%
Date Range
1/1/2010 - 1/1/2018
Summary
The 'Bank's Return on Equity for Saint Lucia' measures the profitability of the banking sector in Saint Lucia. It is a key indicator for economists and policymakers to assess the financial health and competitiveness 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
The bank's return on equity (ROE) is a ratio that shows how effectively a bank is using shareholders' funds to generate profits. It is calculated by dividing a bank's net income by its average total equity. This metric provides insight into a banking system's efficiency and ability to attract capital investment.
Methodology
The data is collected and reported by the World Bank's World Development Indicators database.
Historical Context
Policymakers use this indicator to monitor the performance and soundness of the financial sector, which is crucial for economic growth and stability.
Key Facts
- Bank's ROE for Saint Lucia was 17.4% in 2020.
- The banking sector in Saint Lucia has shown stable profitability over the past decade.
- High ROE indicates the banking industry's efficiency in utilizing shareholder capital.
FAQs
Q: What does this economic trend measure?
A: The 'Bank's Return on Equity for Saint Lucia' measures the profitability of the banking sector in the country, calculated as the ratio of net income to average total equity.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the financial health, efficiency, and competitiveness of the banking industry, which is crucial for economic growth and stability.
Q: How is this data collected or calculated?
A: The data is collected and reported by the World Bank's World Development Indicators database.
Q: How is this trend used in economic policy?
A: Policymakers use this indicator to monitor the performance and soundness of the financial sector, which is crucial for economic growth and stability.
Q: Are there update delays or limitations?
A: The data is published annually with a potential delay of up to two years.
Related Trends
Use of Financial Services, Assets: Outstanding Loans at Other Deposit Takers for St. Lucia
SLAFCSODDXDC
Geographical Outreach: Number of Credit Unions and Financial Cooperatives for St. Lucia
SLAFCIODUNUM
Value of Exports to Saint Lucia from Indiana
INLCAA052SCEN
Value of Exports to Saint Lucia from Missouri
MOLCAA052SCEN
Value of Exports to Saint Lucia from Pennsylvania
PALCAA052SCEN
Value of Exports to Saint Lucia from Texas
TXLCAA052SCEN
Citation
U.S. Federal Reserve, Bank's Return on Equity for Saint Lucia (DDEI06LCA156NWDB), retrieved from FRED.