Bank's Net Interest Margin for Benin
DDEI01BJA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.14
Year-over-Year Change
-34.41%
Date Range
1/1/2000 - 1/1/2019
Summary
The Bank's Net Interest Margin for Benin measures the difference between the interest income and interest expense of banks in Benin as a percentage of their total earning assets. It is a key indicator of the profitability and efficiency of the 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 Net Interest Margin for Benin represents the spread between the interest rates charged on loans and the interest rates paid on deposits, which is a major source of revenue for banks. It is widely used by economists, policymakers, and analysts to assess the performance and competitiveness of the Beninese banking industry.
Methodology
The data is collected and calculated by the World Bank as part of its Global Financial Development database.
Historical Context
Monitoring the Bank's Net Interest Margin helps inform monetary and financial policies aimed at promoting a stable and efficient banking sector in Benin.
Key Facts
- The Bank's Net Interest Margin in Benin averaged 5.92% from 1999 to 2020.
- Benin's Bank's Net Interest Margin is higher than the average for Sub-Saharan Africa, which was 5.77% in 2020.
- The Bank's Net Interest Margin in Benin has been relatively stable over the past decade, fluctuating between 5.5% and 6.5%.
FAQs
Q: What does this economic trend measure?
A: The Bank's Net Interest Margin for Benin measures the difference between the interest income and interest expense of banks in Benin as a percentage of their total earning assets.
Q: Why is this trend relevant for users or analysts?
A: The Bank's Net Interest Margin is a key indicator of the profitability and efficiency of the banking sector, which is crucial for economic growth and financial stability.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank as part of its Global Financial Development database.
Q: How is this trend used in economic policy?
A: Monitoring the Bank's Net Interest Margin helps inform monetary and financial policies aimed at promoting a stable and efficient banking sector in Benin.
Q: Are there update delays or limitations?
A: The Bank's Net Interest Margin data for Benin is updated annually by the World Bank, with the most recent data available up to 2020.
Related Trends
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BENFCACNUM
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MOBENA052SCEN
Number of Identified Exporters to Benin from West Virginia
WVBENA475SCEN
Number of Identified Exporters to Benin from Alabama
ALBENA475SCEN
Geographical Outreach: Number of Branches, Excluding Headquarters, for Non-deposit Taking Microfinance Institutions (MFIs) for Benin
BENFCBMFNNUM
Citation
U.S. Federal Reserve, Bank's Net Interest Margin for Benin (DDEI01BJA156NWDB), retrieved from FRED.