Bank's Cost to Income Ratio for Finland
DDEI07FIA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
52.25
Year-over-Year Change
17.17%
Date Range
1/1/2000 - 1/1/2021
Summary
The Bank's Cost to Income Ratio for Finland measures the operational efficiency of banks in Finland by comparing their total costs to their total 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 financial health and competitiveness of the Finnish banking sector. It provides insights into how effectively banks are managing their expenses and generating revenue.
Methodology
The data is collected and calculated by the World Bank using reports from banks and other financial institutions in Finland.
Historical Context
Regulators and investors monitor this ratio to evaluate the profitability and sustainability of the Finnish banking industry.
Key Facts
- The average Bank's Cost to Income Ratio for Finland was 58.8% in 2021.
- Finnish banks have maintained a lower cost-to-income ratio than the European Union average in recent years.
- Improving the cost-to-income ratio is a key strategic priority for many Finnish banks.
FAQs
Q: What does this economic trend measure?
A: The Bank's Cost to Income Ratio for Finland measures the operational efficiency of banks in the country by comparing their total costs to their total income.
Q: Why is this trend relevant for users or analysts?
A: This ratio is a crucial metric for evaluating the financial health and competitiveness of the Finnish banking sector, providing insights into how effectively banks are managing their expenses and generating revenue.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank using reports from banks and other financial institutions in Finland.
Q: How is this trend used in economic policy?
A: Regulators and investors monitor this ratio to evaluate the profitability and sustainability of the Finnish banking industry, which is important for financial stability and economic growth.
Q: Are there update delays or limitations?
A: The Bank's Cost to Income Ratio for Finland is updated annually by the World Bank, and there may be a lag of several months before the latest data is available.
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Life Insurance Premium Volume to GDP for Finland
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Total Credit to General Government, Adjusted for Breaks, for Finland
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Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Overall Index Excluding Energy, Food, Alcohol and Tobacco for Finland
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Citation
U.S. Federal Reserve, Bank's Cost to Income Ratio for Finland (DDEI07FIA156NWDB), retrieved from FRED.