Bank's Return on Assets for Sweden
DDEI05SEA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.76
Year-over-Year Change
29.75%
Date Range
1/1/2000 - 1/1/2021
Summary
The bank's return on assets (ROA) for Sweden measures the profitability of the country's banking sector. It is a key indicator of the overall financial health and stability of the Swedish economy.
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 how efficiently a bank is using its assets to generate earnings. It is calculated by dividing a bank's net income by its total assets. The ROA for Sweden provides insight into the broader performance and profitability of the Swedish banking industry.
Methodology
The data is collected and calculated by the World Bank as part of its Global Financial Development Database.
Historical Context
Policymakers and economists use the Swedish bank ROA to assess the competitiveness and soundness of the country's financial sector.
Key Facts
- The bank's ROA for Sweden has averaged around 0.8% over the past decade.
- The ROA reached a high of 1.1% in 2010 but declined to 0.5% during the COVID-19 pandemic.
- Sweden's bank ROA is higher than the global average, indicating a relatively profitable banking sector.
FAQs
Q: What does this economic trend measure?
A: The bank's return on assets (ROA) for Sweden measures the profitability and efficiency of the country's banking sector by showing how much net income is generated from the use of total assets.
Q: Why is this trend relevant for users or analysts?
A: The Swedish bank ROA is an important indicator of the financial health and stability of the overall economy, as the banking sector plays a crucial role in economic growth and development.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank as part of its Global Financial Development Database.
Q: How is this trend used in economic policy?
A: Policymakers and economists use the Swedish bank ROA to assess the competitiveness and soundness of the country's financial sector, which informs decisions on financial regulations, monetary policy, and economic stability measures.
Q: Are there update delays or limitations?
A: The bank's ROA data for Sweden may be subject to periodic updates or revisions by the World Bank, and there may be a time lag between the latest reported period and the current economic conditions.
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Citation
U.S. Federal Reserve, Bank's Return on Assets for Sweden (DDEI05SEA156NWDB), retrieved from FRED.