Bank's Return on Assets for Ireland
DDEI05IEA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.78
Year-over-Year Change
-127.40%
Date Range
1/1/2000 - 1/1/2021
Summary
The 'Bank's Return on Assets for Ireland' trend measures the profitability of the banking sector in Ireland, providing insight into the overall health and performance of the country'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
This indicator represents the ratio of a bank's net income to its total assets, expressed as a percentage. It is a key metric used by economists and policymakers to evaluate the efficiency and profitability of the banking industry within a given economy.
Methodology
The data is collected and reported by the World Bank based on financial information provided by Ireland's central bank and domestic financial institutions.
Historical Context
Trends in bank profitability are closely monitored by regulators, investors, and economic analysts to assess financial stability and guide policy decisions.
Key Facts
- Ireland's bank return on assets averaged 0.51% from 2000 to 2020.
- The peak was 1.26% in 2006, prior to the global financial crisis.
- Bank profitability declined sharply during the 2008-2009 recession.
FAQs
Q: What does this economic trend measure?
A: The 'Bank's Return on Assets for Ireland' measures the profitability of the banking sector in Ireland by calculating the ratio of banks' net income to their total assets.
Q: Why is this trend relevant for users or analysts?
A: This metric is closely tracked by economists, policymakers, and investors as an indicator of the financial health and efficiency of the Irish banking system.
Q: How is this data collected or calculated?
A: The data is collected and reported by the World Bank based on financial information provided by Ireland's central bank and domestic financial institutions.
Q: How is this trend used in economic policy?
A: Trends in bank profitability are monitored by regulators to assess financial stability and guide policy decisions that impact the banking sector and broader economy.
Q: Are there update delays or limitations?
A: The data is published annually by the World Bank with some delay, so it may not reflect the most recent financial conditions.
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Citation
U.S. Federal Reserve, Bank's Return on Assets for Ireland (DDEI05IEA156NWDB), retrieved from FRED.