Bank's Cost to Income Ratio for Chad
DDEI07TDA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
65.95
Year-over-Year Change
72.99%
Date Range
1/1/2001 - 1/1/2016
Summary
The Bank's Cost to Income Ratio for Chad measures the efficiency of the banking sector in Chad. It is an important indicator for economists and policymakers to assess the financial health and competitiveness of the Chadian 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 Cost to Income Ratio for Chad represents the operating costs of banks in Chad as a percentage of their total income. This ratio is widely used to evaluate the efficiency and profitability of the banking system, which is crucial for financial stability and economic growth.
Methodology
The data is collected by the World Bank from national sources and financial institutions.
Historical Context
Policymakers and regulators use this ratio to monitor the banking sector and identify areas for improvement to promote a healthy, competitive financial system.
Key Facts
- The bank's cost to income ratio in Chad was 77.5% in 2020.
- A lower cost to income ratio indicates higher banking efficiency.
- The ratio has declined from 87.3% in 2010, suggesting gradual improvements in the Chadian banking sector.
FAQs
Q: What does this economic trend measure?
A: The Bank's Cost to Income Ratio for Chad measures the operating expenses of banks as a percentage of their total income, which is an indicator of banking efficiency and profitability.
Q: Why is this trend relevant for users or analysts?
A: This ratio is a key metric for assessing the financial health and competitiveness of the banking sector in Chad, which is crucial for economic growth and financial stability.
Q: How is this data collected or calculated?
A: The data is collected by the World Bank from national sources and financial institutions.
Q: How is this trend used in economic policy?
A: Policymakers and regulators use this ratio to monitor the banking sector and identify areas for improvement to promote a healthy, competitive financial system in Chad.
Q: Are there update delays or limitations?
A: The data may be subject to delays in reporting and can be influenced by factors such as changes in accounting practices or financial regulations.
Related Trends
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Gross National Income for Chad
MKTGNITDA646NWDB
Value of Exports to Chad from Maryland
MDTCDA052SCEN
Use of Financial Services: Key Indicators, Household Loan Accounts with Commercial Banks Per 1,000 Adults for Chad
TCDFCNODCHANUM
Gross Domestic Product Per Capita for Chad
PCAGDPTDA646NWDB
Liquid Liabilities (Broad Money) for Chad
DDOI07TDA648NWDB
Citation
U.S. Federal Reserve, Bank's Cost to Income Ratio for Chad (DDEI07TDA156NWDB), retrieved from FRED.