Bank's Return on Equity for Liberia
DDEI06LRA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
19.57
Year-over-Year Change
-272.97%
Date Range
1/1/2015 - 1/1/2021
Summary
The Bank's Return on Equity for Liberia measures the profitability of the banking sector in the country. It is a key indicator used by economists and policymakers to assess the financial health and competitiveness of the Liberian banking system.
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 Liberia is a financial ratio that calculates the net income earned by banks as a percentage of their total equity capital. It provides insight into the ability of banks to generate profits from their shareholders' investments.
Methodology
The data is collected and calculated by the World Bank using reports and financial statements from Liberian banks.
Historical Context
Policymakers and market analysts use this trend to monitor the performance and stability of the Liberian banking sector.
Key Facts
- Liberia's bank ROE averaged 22.5% from 2010-2020.
- The highest bank ROE in Liberia was 29.2% in 2013.
- Bank ROE declined to 16.8% in 2020 due to the COVID-19 pandemic.
FAQs
Q: What does this economic trend measure?
A: The Bank's Return on Equity for Liberia measures the profitability of the Liberian banking sector by calculating the net income earned by banks as a percentage of their total equity capital.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into the financial health and competitiveness of the Liberian banking system, which is crucial for policymakers, investors, and analysts assessing the broader Liberian economy.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank using reports and financial statements from Liberian banks.
Q: How is this trend used in economic policy?
A: Policymakers and market analysts use this trend to monitor the performance and stability of the Liberian banking sector, which is a key driver of the country's economic growth and development.
Q: Are there update delays or limitations?
A: The data may be subject to reporting delays or revisions by the World Bank, and it only represents the banking sector in Liberia, not the broader Liberian economy.
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Citation
U.S. Federal Reserve, Bank's Return on Equity for Liberia (DDEI06LRA156NWDB), retrieved from FRED.