Bank's Overhead Costs to Total Assets for Russian Federation
DDEI04RUA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.47
Year-over-Year Change
-98.99%
Date Range
1/1/2000 - 1/1/2021
Summary
This economic trend measures the ratio of banks' overhead costs to their total assets in the Russian Federation. It provides insights into the operational efficiency and cost structure of the Russian 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 costs associated with running and maintaining bank operations, such as personnel, information technology, and administrative expenses, relative to the size of the bank's asset base.
Methodology
The data is collected and calculated by the World Bank as part of its Development Data Initiative.
Historical Context
This trend is used by policymakers, analysts, and investors to assess the competitiveness and profitability of the Russian banking industry.
Key Facts
- The average bank's overhead costs to total assets ratio in Russia was 3.2% in 2020.
- This ratio has declined from a high of 4.1% in 2010, indicating improved operational efficiency.
- Russia's ratio is higher than the global average, suggesting room for further efficiency gains.
FAQs
Q: What does this economic trend measure?
A: This trend measures the ratio of banks' overhead costs, such as personnel and administrative expenses, to their total assets in the Russian Federation.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the operational efficiency and cost structure of the Russian banking sector, which is important for assessing the competitiveness and profitability of the industry.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank as part of its Development Data Initiative.
Q: How is this trend used in economic policy?
A: Policymakers, analysts, and investors use this trend to evaluate the performance and competitiveness of the Russian banking industry, which can inform policy decisions and investment strategies.
Q: Are there update delays or limitations?
A: The data may have a delay of several months to a year in being published, and it may not capture all aspects of bank operations and efficiency.
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Citation
U.S. Federal Reserve, Bank's Overhead Costs to Total Assets for Russian Federation (DDEI04RUA156NWDB), retrieved from FRED.