Bank's Overhead Costs to Total Assets for Dominican Republic

DDEI04DOA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

5.49

Year-over-Year Change

-21.52%

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 the Dominican Republic. It provides insight into the efficiency and profitability 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 overhead costs to total assets ratio is an important indicator of a banking system's operational efficiency. It reflects the management and administrative costs incurred by banks relative to the size of their balance sheets.

Methodology

The data is collected and reported by the World Bank as part of its Global Financial Development Database.

Historical Context

This metric is closely monitored by policymakers, regulators, and investors to assess the competitiveness and health of the Dominican Republic's banking industry.

Key Facts

  • The ratio ranged from 5.7% to 7.3% between 2010-2020.
  • Higher ratios indicate greater overhead costs relative to asset size.
  • Efficient banks tend to have lower overhead cost to asset ratios.

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 the Dominican Republic.

Q: Why is this trend relevant for users or analysts?

A: This metric provides insight into the operational efficiency and profitability of the Dominican Republic's banking sector, which is of interest to policymakers, regulators, and investors.

Q: How is this data collected or calculated?

A: The data is collected and reported by the World Bank as part of its Global Financial Development Database.

Q: How is this trend used in economic policy?

A: Policymakers and regulators monitor this metric to assess the competitiveness and health of the Dominican Republic's banking industry, which is crucial for financial stability and economic growth.

Q: Are there update delays or limitations?

A: The data is published annually by the World Bank, so there may be a delay of up to a year in the most recent figures being available.

Related Trends

Citation

U.S. Federal Reserve, Bank's Overhead Costs to Total Assets for Dominican Republic (DDEI04DOA156NWDB), retrieved from FRED.