Bank's Cost to Income Ratio for Maldives
DDEI07MVA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
27.57
Year-over-Year Change
6.05%
Date Range
1/1/2016 - 1/1/2020
Summary
The Bank's Cost to Income Ratio for Maldives measures the operating costs of banks in Maldives as a percentage of their total income. This key metric provides insight into the efficiency and profitability of the Maldivian 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 widely used financial indicator that assesses a bank's operational efficiency. It shows how much a bank spends to generate each unit of revenue, with a lower ratio indicating greater efficiency.
Methodology
The data is collected and reported by the World Bank using financial information submitted by banks in Maldives.
Historical Context
This ratio is closely monitored by policymakers, analysts, and investors to gauge the health and competitiveness of Maldives' banking industry.
Key Facts
- Maldives' bank cost to income ratio was 58.8% in 2020.
- A lower ratio indicates greater banking efficiency.
- The ratio has fluctuated between 50-60% over the past decade.
FAQs
Q: What does this economic trend measure?
A: The Bank's Cost to Income Ratio for Maldives measures the operating costs of banks in Maldives as a percentage of their total income, providing insight into the efficiency and profitability of the banking sector.
Q: Why is this trend relevant for users or analysts?
A: This ratio is a key indicator of banking sector efficiency and competitiveness, closely monitored by policymakers, analysts, and investors to gauge the health of Maldives' financial system.
Q: How is this data collected or calculated?
A: The data is collected and reported by the World Bank using financial information submitted directly by banks in Maldives.
Q: How is this trend used in economic policy?
A: Policymakers and regulators use this ratio to assess the efficiency and stability of Maldives' banking industry, which informs policies aimed at promoting a healthy and competitive financial sector.
Q: Are there update delays or limitations?
A: The data is published annually by the World Bank with a lag of approximately one year.
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Citation
U.S. Federal Reserve, Bank's Cost to Income Ratio for Maldives (DDEI07MVA156NWDB), retrieved from FRED.