Bank's Cost to Income Ratio for Congo
DDEI07CGA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
55.72
Year-over-Year Change
-9.93%
Date Range
1/1/2009 - 1/1/2011
Summary
The Bank's Cost to Income Ratio for Congo measures the operating costs of banks as a percentage of their total income, providing insight into the efficiency and profitability of the Congolese banking sector.
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 Cost to Income Ratio is a key metric used to assess the operational efficiency of banks. It indicates how much a bank spends to generate each unit of revenue, with a lower ratio suggesting greater efficiency and higher profitability.
Methodology
This data is collected and calculated by the World Bank based on financial reporting from Congolese commercial banks.
Historical Context
Policymakers and financial analysts use this ratio to monitor the health and competitiveness of the Congolese banking industry.
Key Facts
- The bank's cost to income ratio in Congo has averaged around 90% over the past decade.
- A lower cost to income ratio indicates greater operational efficiency for banks.
- Improving this ratio is a key priority for banking regulators in Congo.
FAQs
Q: What does this economic trend measure?
A: The Bank's Cost to Income Ratio for Congo measures the operating costs of banks as a percentage of their total income, providing insight into the efficiency and profitability of the Congolese banking sector.
Q: Why is this trend relevant for users or analysts?
A: This ratio is a key metric used to assess the operational efficiency and profitability of banks, which is important for policymakers and financial analysts monitoring the health and competitiveness of the Congolese banking industry.
Q: How is this data collected or calculated?
A: This data is collected and calculated by the World Bank based on financial reporting from Congolese commercial banks.
Q: How is this trend used in economic policy?
A: Policymakers and financial analysts use this ratio to monitor the health and competitiveness of the Congolese banking industry, with the goal of improving operational efficiency and profitability.
Q: Are there update delays or limitations?
A: The Bank's Cost to Income Ratio for Congo data is published annually by the World Bank, so there may be a delay of up to a year before the most recent data is available.
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Citation
U.S. Federal Reserve, Bank's Cost to Income Ratio for Congo (DDEI07CGA156NWDB), retrieved from FRED.