Bank's Return on Assets for Ethiopia
DDEI05ETA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.09
Year-over-Year Change
-66.49%
Date Range
1/1/2000 - 1/1/2021
Summary
The Bank's Return on Assets for Ethiopia measures the profitability of the country's banking sector by calculating the ratio of net income to total assets. This metric provides insight into the overall efficiency and health of Ethiopia's financial 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 used by economists and policymakers to assess the performance and viability of a country's banking industry. It reflects how effectively banks are generating profits from their asset holdings and operations.
Methodology
This data is collected and reported annually by the World Bank using financial information provided by Ethiopian banks.
Historical Context
Regulators and central banks monitor this metric to identify trends and make informed decisions about banking sector policies and regulations.
Key Facts
- Ethiopia's bank ROA was 2.7% in 2020.
- The bank ROA in Ethiopia has declined from a high of 3.4% in 2015.
- High bank ROA indicates efficient use of assets to generate profits.
FAQs
Q: What does this economic trend measure?
A: The Bank's Return on Assets (ROA) for Ethiopia 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 a country's banking industry, providing insight that is valuable for economists, policymakers, and investors.
Q: How is this data collected or calculated?
A: This data is collected and reported annually by the World Bank using financial information provided directly by Ethiopian banks.
Q: How is this trend used in economic policy?
A: Regulators and central banks monitor the bank ROA metric to identify trends and make informed decisions about banking sector policies and regulations.
Q: Are there update delays or limitations?
A: The bank ROA data for Ethiopia is reported annually, so there may be a 1-year delay in the most recent information being available.
Related Trends
Number of Identified Exporters to Ethiopia from Rhode Island
RIETHA475SCEN
Use of Financial Services, Liabilities: Outstanding Deposits at Other Deposit Takers for Ethiopia
ETHFCLODDXDC
Financial System Deposits to GDP for Ethiopia
DDDI08ETA156NWDB
Insurance Company Assets to GDP for Ethiopia
DDDI11ETA156NWDB
5-Bank Asset Concentration for Ethiopia
DDOI06ETA156NWDB
Percentage of Foreign Banks Among Total Banks for Ethiopia
DDOI13ETA156NWDB
Citation
U.S. Federal Reserve, Bank's Return on Assets for Ethiopia (DDEI05ETA156NWDB), retrieved from FRED.