Bank's Return on Equity for Singapore
DDEI06SGA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
9.85
Year-over-Year Change
-0.23%
Date Range
1/1/2000 - 1/1/2021
Summary
The Bank's Return on Equity for Singapore measures the profitability of the banking sector in Singapore, providing insights into the financial health and performance 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
This economic indicator represents the after-tax net income of banks in Singapore expressed as a percentage of their total equity. It is a key metric used by economists, policymakers, and investors to evaluate the efficiency and competitiveness of the Singaporean banking system.
Methodology
The data is collected and calculated by the World Bank based on national accounts and balance sheet information from Singaporean banks.
Historical Context
Trends in the Bank's Return on Equity can inform monetary and financial policies aimed at promoting a stable and profitable banking sector.
Key Facts
- The average Bank's Return on Equity for Singapore from 2010-2020 was 11.4%.
- Singapore's banking sector is highly developed and internationally competitive.
- The Bank's Return on Equity is an important indicator of banking system efficiency.
FAQs
Q: What does this economic trend measure?
A: The Bank's Return on Equity for Singapore measures the profitability of the banking sector in the country, indicating how efficiently banks are using their capital to generate profits.
Q: Why is this trend relevant for users or analysts?
A: This metric is closely watched by economists, policymakers, and investors as it provides insights into the financial health and performance of Singapore's banking industry, which is a critical component of the country's economy.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank based on national accounts and balance sheet information from Singaporean banks.
Q: How is this trend used in economic policy?
A: Trends in the Bank's Return on Equity can inform monetary and financial policies aimed at promoting a stable and profitable banking sector, which is essential for supporting economic growth and financial stability in Singapore.
Q: Are there update delays or limitations?
A: The Bank's Return on Equity data for Singapore is updated annually by the World Bank, with a potential delay of up to 2 years in the most recent data.
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Amount Outstanding of Total Debt Securities in General Government Sector, All Maturities, Residence of Issuer in Singapore
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DDDI08SGA156NWDB
Value of Exports to Singapore from Arkansas
ARSGPA052SCEN
Number of Identified Exporters to Singapore from South Carolina
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Bank Regulatory Capital to Risk-Weighted Assets for Singapore
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Citation
U.S. Federal Reserve, Bank's Return on Equity for Singapore (DDEI06SGA156NWDB), retrieved from FRED.