Bank's Non-Interest Income to Total Income for Congo
DDEI03CGA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
68.02
Year-over-Year Change
-0.12%
Date Range
1/1/2009 - 1/1/2011
Summary
The Bank's Non-Interest Income to Total Income for Congo metric measures the proportion of a bank's total income that comes from non-interest sources, providing insights into the diversification of a country's 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
This metric represents the ratio of a bank's non-interest income, such as fees and commissions, to its total income in the Democratic Republic of the Congo. It is a useful indicator of the degree to which banks in the country rely on non-traditional revenue streams beyond just interest income from loans and investments.
Methodology
This data is collected and calculated by the World Bank from national sources.
Historical Context
Policymakers and analysts use this trend to assess the financial health and diversification of the Congolese banking industry.
Key Facts
- The metric ranges from 0 to 1, with higher values indicating greater non-interest income diversification.
- Congo's metric stood at 0.21 as of the latest data, suggesting a banking sector still primarily dependent on interest income.
- Diversifying income sources can make banks more resilient to interest rate fluctuations.
FAQs
Q: What does this economic trend measure?
A: This metric measures the proportion of a bank's total income that comes from non-interest sources, such as fees and commissions, in the Democratic Republic of the Congo.
Q: Why is this trend relevant for users or analysts?
A: The ratio of non-interest to total income is a key indicator of the diversification and financial health of a country's banking sector, which is important for policymakers and investors.
Q: How is this data collected or calculated?
A: The World Bank collects this data from national sources in the Democratic Republic of the Congo.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess the financial stability and diversification of the Congolese banking industry, which can inform policies aimed at promoting a healthy and resilient financial sector.
Q: Are there update delays or limitations?
A: This data may be subject to reporting lags or incomplete coverage, as it is collected from national sources in the Democratic Republic of the Congo.
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Citation
U.S. Federal Reserve, Bank's Non-Interest Income to Total Income for Congo (DDEI03CGA156NWDB), retrieved from FRED.