Bank's Return on Assets for Philippines
DDEI05PHA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.16
Year-over-Year Change
2.02%
Date Range
1/1/2000 - 1/1/2021
Summary
The Bank's Return on Assets (ROA) for Philippines measures the profitability of the banking sector in the country. It is a key indicator of 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 financial ratio that shows the net income earned per unit of a bank's total assets. It is a widely used metric to assess the profitability and performance of the banking industry in a given country.
Methodology
The data is collected and calculated by the World Bank using financial reports from commercial banks in the Philippines.
Historical Context
Policymakers and analysts closely monitor the Philippines' bank ROA to gauge the stability and growth potential of the domestic financial sector.
Key Facts
- The Philippines' bank ROA was 1.1% in 2021.
- ROA is one of the key performance indicators for the Philippine central bank.
- Higher bank ROA indicates greater profitability and efficiency in the financial system.
FAQs
Q: What does this economic trend measure?
A: The Bank's Return on Assets (ROA) for Philippines measures the profitability of the country's banking sector by showing the net income earned per unit of total bank assets.
Q: Why is this trend relevant for users or analysts?
A: The Philippines' bank ROA is a crucial indicator of the overall health, stability, and growth potential of the domestic financial system, making it important for policymakers, investors, and economic analysts.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank using financial reports from commercial banks operating in the Philippines.
Q: How is this trend used in economic policy?
A: Policymakers, such as the Philippine central bank, closely monitor the country's bank ROA to assess the performance and soundness of the financial sector, which informs their policy decisions.
Q: Are there update delays or limitations?
A: The bank ROA data for the Philippines is updated annually by the World Bank, with a typical 1-2 year delay in the most recent figures.
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Citation
U.S. Federal Reserve, Bank's Return on Assets for Philippines (DDEI05PHA156NWDB), retrieved from FRED.