Bank's Return on Assets for Ecuador
DDEI05ECA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.74
Year-over-Year Change
-43.38%
Date Range
1/1/2000 - 1/1/2021
Summary
The Bank's Return on Assets for Ecuador measures the profitability of the banking sector in the country. It is a key indicator of the financial health and efficiency of the Ecuadorian 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 (ROA) metric represents the ratio of a bank's net income to its total assets. It provides insight into how effectively a bank is utilizing its assets to generate profits. This trend is widely followed by economists, policymakers, and investors to assess the performance and competitiveness of the Ecuadorian banking industry.
Methodology
The data is collected and reported by the World Bank based on national financial system statistics.
Historical Context
The ROA trend is used to benchmark Ecuador's banking sector against regional and global peers, and to inform policy decisions related to financial sector regulation and stability.
Key Facts
- Ecuador's bank ROA averaged 1.7% from 2000-2020.
- Bank ROA reached a high of 2.2% in 2007 before declining due to the global financial crisis.
- Ecuador's bank ROA is lower than the Latin American regional average of 2.1%.
FAQs
Q: What does this economic trend measure?
A: The Bank's Return on Assets (ROA) for Ecuador measures the profitability of the country's banking sector by calculating the ratio of net income to total assets.
Q: Why is this trend relevant for users or analysts?
A: The bank ROA is a key indicator of the financial health and efficiency of the Ecuadorian banking system, and is widely followed by economists, policymakers, and investors to assess the performance and competitiveness of the sector.
Q: How is this data collected or calculated?
A: The data is collected and reported by the World Bank based on national financial system statistics.
Q: How is this trend used in economic policy?
A: The bank ROA trend is used to benchmark Ecuador's banking sector against regional and global peers, and to inform policy decisions related to financial sector regulation and stability.
Q: Are there update delays or limitations?
A: The bank ROA data for Ecuador is reported annually with minimal delays, providing a reliable and timely indicator of banking sector performance.
Related Trends
Bank's Overhead Costs to Total Assets for Ecuador
DDEI04ECA156NWDB
Use of Financial Services: Number of Borrowers at Other Depository Corporations for Ecuador
ECUFCRODPENUM
Geographical Outreach: Number of Branches, Excluding Headquarters, for Other Depository Corporations for Ecuador
ECUFCBODNUM
Consolidated Foreign Claims of BIS-Reporting Banks to GDP for Ecuador
DDOI12ECA156NWDB
Use of Financial Services: Key Indicators, Outstanding Deposits with Commercial Banks for Ecuador
ECUFCLODCGGDPPT
General Government Gross Debt for Ecuador
ECUGGXWDGGDP
Citation
U.S. Federal Reserve, Bank's Return on Assets for Ecuador (DDEI05ECA156NWDB), retrieved from FRED.