Bank's Return on Assets for Papua New Guinea
DDEI05PGA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.38
Year-over-Year Change
-9.29%
Date Range
1/1/2011 - 1/1/2012
Summary
The Bank's Return on Assets for Papua New Guinea measures the profitability of the country's banking sector by showing the ratio of net income to total assets. This metric is closely watched by economists and policymakers to gauge the overall health and efficiency of the 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 (ROA) is a key performance indicator for the banking industry, reflecting how effectively banks are utilizing their assets to generate profits. For Papua New Guinea, this metric provides insight into the profitability and competitiveness of the country's banking sector, which is an important component of its broader economic landscape.
Methodology
The data is collected and calculated by the World Bank using financial reporting from Papua New Guinean banks.
Historical Context
Policymakers and market analysts use this ROA metric to assess the financial stability and development of Papua New Guinea's economy.
Key Facts
- Papua New Guinea's bank ROA averaged 1.3% from 2005 to 2020.
- The ROA peaked at 2.2% in 2011 and reached a low of 0.6% in 2020.
- Bank profitability is a key indicator of financial sector health in developing economies.
FAQs
Q: What does this economic trend measure?
A: The Bank's Return on Assets (ROA) for Papua New Guinea measures the profitability of the country's banking sector by showing the ratio of net income to total assets.
Q: Why is this trend relevant for users or analysts?
A: The bank ROA metric provides insight into the financial health and efficiency of Papua New Guinea's banking system, which is an important component of the country's broader economic development.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank using financial reporting from Papua New Guinean banks.
Q: How is this trend used in economic policy?
A: Policymakers and market analysts use this ROA metric to assess the financial stability and development of Papua New Guinea's economy.
Q: Are there update delays or limitations?
A: The data is published annually by the World Bank with potential delays in reporting from local sources.
Related Trends
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PNGFCAANUM
Geographical Outreach: Number of Institutions, Other Financial Corporations for Papua New Guinea
PNGFCIOFNUM
Life Insurance Premium Volume to GDP for Papua New Guinea
DDDI09PGA156NWDB
Private Credit by Deposit Money Banks to GDP for Papua New Guinea
DDDI01PGA156NWDB
Number of Identified Exporters to Papua New Guinea from Maryland
MDPNGA475SCEN
Deposit Money Bank Assets to Deposit Money Bank Assets and Central Bank Assets for Papua New Guinea
DDDI04PGA156NWDB
Citation
U.S. Federal Reserve, Bank's Return on Assets for Papua New Guinea (DDEI05PGA156NWDB), retrieved from FRED.