Bank's Overhead Costs to Total Assets for Gambia
DDEI04GMA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.02
Year-over-Year Change
-54.56%
Date Range
1/1/2005 - 1/1/2020
Summary
This trend measures the ratio of Gambian banks' overhead costs to their total assets, providing insights into the operational 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 Overhead Costs to Total Assets ratio is a key indicator of a banking system's operational efficiency. It reflects the level of non-interest expenses, such as staff salaries and administrative costs, in relation to the total assets held by banks.
Methodology
The data is collected and reported by the World Bank as part of its Financial Structure Database.
Historical Context
This metric is widely used by policymakers, regulators, and analysts to assess the competitiveness and cost-effectiveness of a country's banking industry.
Key Facts
- Gambia's bank overhead costs averaged 5.6% of total assets in 2020.
- The ratio has declined from a high of 6.2% in 2015.
- Lower ratios indicate more efficient banking operations.
FAQs
Q: What does this economic trend measure?
A: This trend measures the ratio of Gambian banks' overhead costs, such as staff salaries and administrative expenses, to their total assets.
Q: Why is this trend relevant for users or analysts?
A: The Bank's Overhead Costs to Total Assets ratio is a key indicator of the operational efficiency and cost-effectiveness of a country's banking sector, which is important for policymakers, regulators, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected and reported by the World Bank as part of its Financial Structure Database.
Q: How is this trend used in economic policy?
A: Policymakers and regulators use this metric to assess the competitiveness and cost-effectiveness of a country's banking industry, which informs financial sector policies and reforms.
Q: Are there update delays or limitations?
A: The data is published annually with a lag, and may not capture the most recent changes in the banking sector.
Related Trends
External Loans and Deposits of Reporting Banks in Relation to the Banking Sector for Gambia
DDOI10GMA156NWDB
Net Current Account Total for Gambia, The
GMBBCABP6GDPPT
Net Lending (+) / Net Borrowing (-) (balance from Financial Account) as Direct Investment for Gambia, The
GMBBFDBP6GDPPT
Use of Financial Services: Key Indicators, Loan Accounts with Commercial Banks Per 1,000 Adults for Gambia, The
GMBFCNODCANUM
Goods and Services: Net for Gambia, The
GMBBGSBP6GDPPT
Number of Identified Exporters to Gambia from Oklahoma
OKGMBA475SCEN
Citation
U.S. Federal Reserve, Bank's Overhead Costs to Total Assets for Gambia (DDEI04GMA156NWDB), retrieved from FRED.