Bank's Cost to Income Ratio for Tonga
DDEI07TOA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
40.00
Year-over-Year Change
-30.00%
Date Range
1/1/1996 - 1/1/2009
Summary
The Bank's Cost to Income Ratio for Tonga measures the operating efficiency of Tongan banks by comparing their operational 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 indicator of a banking system's financial health and profitability. Economists and policymakers analyze this metric to assess the overall efficiency and competitiveness of Tonga's banking sector.
Methodology
The data is collected and reported by the World Bank using information provided by the Central Bank of Tonga.
Historical Context
This ratio is used to evaluate Tonga's financial stability and the ability of its banks to generate sustainable profits.
Key Facts
- Tonga's bank cost to income ratio was 72.9% in 2020.
- A lower ratio indicates higher banking efficiency.
- The ratio has trended downward in Tonga since 2010.
FAQs
Q: What does this economic trend measure?
A: The Bank's Cost to Income Ratio for Tonga measures the operating efficiency of Tongan banks by comparing their total operating costs to their total operating income.
Q: Why is this trend relevant for users or analysts?
A: This ratio is a key indicator of the financial health and profitability of Tonga's banking sector, which is vital for assessing the overall stability and competitiveness of the country's financial system.
Q: How is this data collected or calculated?
A: The data is collected and reported by the World Bank using information provided by the Central Bank of Tonga.
Q: How is this trend used in economic policy?
A: Policymakers and economists analyze this ratio to evaluate the efficiency and profitability of Tonga's banking system, which informs decisions about financial sector regulations and policies.
Q: Are there update delays or limitations?
A: The data is published annually with a lag, so there may be delays in accessing the most recent figures.
Related Trends
Number of Bank Branches for Tonga
DDAI02TOA643NWDB
Gross Domestic Product Per Capita for Tonga
PCAGDPTOA646NWDB
Number of Identified Exporters to Tonga from Kansas
KSTONA475SCEN
Geographical Outreach: Number of Branches in 3 Largest Cities, Excluding Headquarters, for Other Deposit Takers for Tonga
TONFCBODDLNUM
Deposit Money Bank Assets to GDP for Tonga
DDDI02TOA156NWDB
Number of Identified Exporters to Tonga from Kentucky
KYTONA475SCEN
Citation
U.S. Federal Reserve, Bank's Cost to Income Ratio for Tonga (DDEI07TOA156NWDB), retrieved from FRED.