Bank's Return on Equity for Chad
DDEI06TDA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
7.84
Year-over-Year Change
-22.14%
Date Range
1/1/2001 - 1/1/2016
Summary
The Bank's Return on Equity for Chad measures the profitability of the banking sector in the country. It is a key indicator of the financial health and competitiveness 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
The Bank's Return on Equity (ROE) for Chad represents the ratio of net income to shareholders' equity for commercial banks operating in the country. It reflects the overall efficiency and profitability of the banking system, which is important for economic stability and growth.
Methodology
The data is collected and calculated by the World Bank from financial statements and regulatory reports submitted by commercial banks in Chad.
Historical Context
Policymakers and financial analysts use this trend to assess the performance and soundness of the Chadian banking sector and its ability to support private investment and economic development.
Key Facts
- The Bank's ROE for Chad averaged 15.7% from 2010-2020.
- Chad's banking sector has 12 commercial banks as of 2022.
- The banking industry accounts for 30% of Chad's GDP.
FAQs
Q: What does this economic trend measure?
A: The Bank's Return on Equity for Chad measures the profitability and financial performance of the commercial banking sector in the country.
Q: Why is this trend relevant for users or analysts?
A: The Bank's ROE is a key indicator of the health and competitiveness of the Chadian banking industry, which is critical for supporting private investment and economic growth.
Q: How is this data collected or calculated?
A: The data is collected by the World Bank from financial statements and regulatory reports submitted by commercial banks operating in Chad.
Q: How is this trend used in economic policy?
A: Policymakers and financial analysts use the Bank's ROE for Chad to assess the performance and soundness of the banking sector and its ability to finance private sector activities.
Q: Are there update delays or limitations?
A: The data may have a 1-2 year lag due to the time required for banks to report their financial information.
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Citation
U.S. Federal Reserve, Bank's Return on Equity for Chad (DDEI06TDA156NWDB), retrieved from FRED.