Bank's Return on Assets for Colombia
DDEI05COA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.45
Year-over-Year Change
-76.86%
Date Range
1/1/2000 - 1/1/2021
Summary
The Bank's Return on Assets for Colombia measures the profitability of the Colombian banking sector. It is a key indicator of the financial health and performance of the country's banking industry.
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 metric reflects the efficiency and productivity of Colombia's commercial banks. It is closely monitored by regulators, investors, and economists to assess the stability and growth potential of the Colombian financial system.
Methodology
The data is collected and reported by the World Bank as part of its Development Data Indicators program.
Historical Context
Policymakers and analysts use this metric to gauge the competitiveness and soundness of Colombia's banking sector.
Key Facts
- Colombia's bank return on assets averaged 2.2% from 2010-2020.
- The metric reached a high of 3.1% in 2013 before declining.
- Colombian banks have maintained positive profitability levels in recent years.
FAQs
Q: What does this economic trend measure?
A: The Bank's Return on Assets for Colombia measures the profitability of the country's commercial banking sector. It reflects the efficiency and productivity of Colombian banks.
Q: Why is this trend relevant for users or analysts?
A: This metric is closely watched by regulators, investors, and economists to assess the stability and growth potential of the Colombian financial system.
Q: How is this data collected or calculated?
A: The data is collected and reported by the World Bank as part of its Development Data Indicators program.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to gauge the competitiveness and soundness of Colombia's banking sector.
Q: Are there update delays or limitations?
A: The data is published annually with a delay, so it may not reflect the most recent changes in the Colombian banking industry.
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COLFCAODDNUM
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WVCOLA475SCEN
Number of Identified Exporters to Colombia from Louisiana
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Number of Identified Exporters to Colombia from Texas
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Citation
U.S. Federal Reserve, Bank's Return on Assets for Colombia (DDEI05COA156NWDB), retrieved from FRED.