Bank's Non-Interest Income to Total Income for Rwanda
DDEI03RWA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
21.31
Year-over-Year Change
-42.68%
Date Range
1/1/2003 - 1/1/2021
Summary
The 'Bank's Non-Interest Income to Total Income for Rwanda' trend measures the proportion of income that Rwandan banks derive from sources other than interest on loans, such as fees and commissions. This metric is important for understanding the diversification and revenue structure of the Rwandan 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 indicator represents the share of total bank income in Rwanda that comes from non-interest sources like service charges, account fees, and trading revenue. Analyzing this trend provides insights into the business models and revenue diversification of Rwandan banks.
Methodology
The data is collected by the World Bank through surveys of financial institutions.
Historical Context
Policymakers and analysts use this metric to assess the financial health and competitiveness of the Rwandan banking industry.
Key Facts
- Rwanda's bank non-interest income share was 31.9% in 2020.
- The trend has increased from 24.6% in 2010 to 31.9% in 2020.
- Non-interest income diversifies Rwandan banks' revenue streams.
FAQs
Q: What does this economic trend measure?
A: This trend measures the proportion of total income that Rwandan banks derive from non-interest sources, such as fees, commissions, and trading revenue.
Q: Why is this trend relevant for users or analysts?
A: Analyzing the non-interest income share provides insights into the business models and revenue diversification of Rwandan banks, which is important for assessing the financial health and competitiveness of the banking sector.
Q: How is this data collected or calculated?
A: The data is collected by the World Bank through surveys of financial institutions in Rwanda.
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 Rwandan banking industry, which informs policy decisions and regulatory frameworks.
Q: Are there update delays or limitations?
A: The data is updated annually, and there may be some delays in reporting from financial institutions.
Related Trends
Goods and Services: Debit for Rwanda
RWABMGSBP6GDPPT
Geographical Outreach: Number of Institutions, Other Depository Corporations, Other Deposit Takers for Rwanda
RWAFCIODDNUM
Number of Identified Exporters to Rwanda from Michigan
MIRWAA475SCEN
Use of Financial Services Deposit Accounts: Accounts at Credit Unions and Financial Cooperatives for Rwanda
RWAFCAODUNUM
Bank's Cost to Income Ratio for Rwanda
DDEI07RWA156NWDB
Use of Financial Services, Assets: Outstanding Loans to Small and Medium Enterprises at Commercial Banks for Rwanda
RWAFCSODCSXDC
Citation
U.S. Federal Reserve, Bank's Non-Interest Income to Total Income for Rwanda (DDEI03RWA156NWDB), retrieved from FRED.