Bank's Overhead Costs to Total Assets for Colombia
DDEI04COA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.22
Year-over-Year Change
-17.89%
Date Range
1/1/2000 - 1/1/2021
Summary
This economic trend measures the ratio of a bank's overhead costs to its total assets in Colombia. It provides insight into the operational efficiency and profitability of the Colombian 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 Overhead Costs to Total Assets ratio is an important metric used to assess the operational performance of banks. It indicates how efficiently a bank is managing its expenses relative to its asset base, which is crucial for profitability and competitiveness.
Methodology
The data is collected by the World Bank through surveys of financial institutions in Colombia.
Historical Context
This trend is closely monitored by policymakers, regulators, and market analysts to evaluate the health and efficiency of the Colombian banking system.
Key Facts
- Colombian banks' overhead costs averaged 4.3% of total assets in 2020.
- The ratio has declined from a high of 5.1% in 2010, indicating improved efficiency.
- Colombia's ratio is lower than the Latin American regional average of 5.2%.
FAQs
Q: What does this economic trend measure?
A: This trend measures the ratio of a bank's overhead costs, such as salaries and administrative expenses, to its total assets in Colombia.
Q: Why is this trend relevant for users or analysts?
A: The Bank's Overhead Costs to Total Assets ratio is an important indicator of a banking sector's operational efficiency and profitability, which is crucial for evaluating the health and competitiveness of the financial system.
Q: How is this data collected or calculated?
A: The data is collected by the World Bank through surveys of financial institutions in Colombia.
Q: How is this trend used in economic policy?
A: Policymakers, regulators, and market analysts closely monitor this trend to assess the performance and soundness of the Colombian banking sector, which is essential for financial stability and economic growth.
Q: Are there update delays or limitations?
A: The data is published annually with a lag, so there may be a delay in reflecting the most recent changes in the banking sector.
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Citation
U.S. Federal Reserve, Bank's Overhead Costs to Total Assets for Colombia (DDEI04COA156NWDB), retrieved from FRED.