Bank's Return on Assets for Benin
DDEI05BJA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.60
Year-over-Year Change
-56.68%
Date Range
1/1/2000 - 1/1/2019
Summary
The Bank's Return on Assets for Benin measures the profitability of the banking sector in Benin as a percentage of total assets. This metric is closely watched by economists and policymakers to assess the financial health and stability of the country's banking system.
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 Return on Assets is a key indicator of the profitability and efficiency of the banking industry in Benin. It shows how effectively banks are utilizing their assets to generate earnings, providing insight into the overall performance and competitiveness of the financial sector.
Methodology
The data is collected and calculated by the World Bank based on financial reporting from Benin's central bank and commercial banks.
Historical Context
Policymakers use this metric to monitor banking sector risks and inform macroeconomic and financial stability policies.
Key Facts
- Benin's bank return on assets was 2.2% in 2020.
- The banking sector's profitability has declined since the early 2000s.
- Low returns can signal systemic risks and financial fragility.
FAQs
Q: What does this economic trend measure?
A: The Bank's Return on Assets for Benin measures the profitability of the country's banking sector as a percentage of total assets.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into the financial health and performance of Benin's banking industry, which is crucial for economic stability and development.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank based on financial reporting from Benin's central bank and commercial banks.
Q: How is this trend used in economic policy?
A: Policymakers use this metric to monitor banking sector risks and inform macroeconomic and financial stability policies in Benin.
Q: Are there update delays or limitations?
A: The data may have a delay of several months to a year in being published and reported.
Related Trends
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BENFCMORANUM
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WYBENA475SCEN
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SEADTLITRZSBEN
Number of Identified Exporters to Benin from West Virginia
WVBENA475SCEN
Consumer Prices at End of Period for Benin
BENPCPIEOPPCPPPT
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DEBENA052SCEN
Citation
U.S. Federal Reserve, Bank's Return on Assets for Benin (DDEI05BJA156NWDB), retrieved from FRED.