Bank's Cost to Income Ratio for Barbados
DDEI07BBA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
19.93
Year-over-Year Change
-61.01%
Date Range
1/1/2008 - 1/1/2016
Summary
The Bank's Cost to Income Ratio for Barbados measures the efficiency of the banking sector in Barbados by calculating the ratio of operating costs to operating income.
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 ratio is a key metric used by economists and policymakers to assess the operational efficiency of the banking industry in Barbados. It provides insight into the profitability and cost management of the country's financial institutions.
Methodology
The data is calculated by the World Bank using information reported by banks and financial institutions in Barbados.
Historical Context
This trend is closely monitored by the Central Bank of Barbados and other regulatory bodies to evaluate the health and competitiveness of the banking sector.
Key Facts
- The Bank's Cost to Income Ratio for Barbados was 63.6% in 2020.
- This ratio has decreased from 68.8% in 2010, indicating improved efficiency.
- Barbados' ratio is higher than the global average of around 55%.
FAQs
Q: What does this economic trend measure?
A: The Bank's Cost to Income Ratio for Barbados measures the operational efficiency of the country's banking sector by calculating the ratio of operating costs to operating income.
Q: Why is this trend relevant for users or analysts?
A: This metric is closely monitored by economists, policymakers, and investors to assess the profitability and competitiveness of the banking industry in Barbados.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using information reported by banks and financial institutions in Barbados.
Q: How is this trend used in economic policy?
A: The Central Bank of Barbados and other regulatory bodies use this trend to evaluate the health and efficiency of the country's banking sector, which informs policy decisions.
Q: Are there update delays or limitations?
A: The data is published annually by the World Bank, so there may be a delay of up to 1 year in the most recent information.
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Citation
U.S. Federal Reserve, Bank's Cost to Income Ratio for Barbados (DDEI07BBA156NWDB), retrieved from FRED.