Bank's Overhead Costs to Total Assets for Philippines
DDEI04PHA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.96
Year-over-Year Change
-34.45%
Date Range
1/1/2003 - 1/1/2021
Summary
The 'Bank's Overhead Costs to Total Assets for Philippines' trend measures the ratio of a bank's overhead costs to its total assets in the Philippines. This metric is important for analyzing the efficiency and profitability of the Philippine 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 economic indicator represents the overhead costs, such as employee salaries and administrative expenses, incurred by banks in the Philippines as a percentage of their total assets. It provides insight into the operational efficiency and cost management of the Philippine banking industry.
Methodology
The data is collected and calculated by the World Bank from financial reports submitted by banks operating in the Philippines.
Historical Context
Policymakers and analysts use this metric to assess the competitiveness and health of the Philippine banking system.
Key Facts
- The average bank overhead cost ratio in the Philippines was 6.4% in 2020.
- Philippine banks have seen a decline in overhead costs as a percentage of assets over the past decade.
- Efficient cost management is crucial for the profitability and competitiveness of the Philippine banking industry.
FAQs
Q: What does this economic trend measure?
A: This trend measures the ratio of a bank's overhead costs, such as employee salaries and administrative expenses, to its total assets in the Philippines.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the operational efficiency and cost management of the Philippine banking industry, which is crucial for assessing the competitiveness and profitability of the sector.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank from financial reports submitted by banks operating in the Philippines.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess the health and competitiveness of the Philippine banking system, which is essential for maintaining financial stability and supporting economic growth.
Q: Are there update delays or limitations?
A: The data is updated annually by the World Bank, and there may be a lag of up to two years in the most recent data availability.
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Citation
U.S. Federal Reserve, Bank's Overhead Costs to Total Assets for Philippines (DDEI04PHA156NWDB), retrieved from FRED.