Bank's Return on Assets for Slovakia
DDEI05SKA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.71
Year-over-Year Change
-596.41%
Date Range
1/1/2000 - 1/1/2021
Summary
The 'Bank's Return on Assets for Slovakia' trend measures the net income earned as a percentage of total assets for the banking sector in Slovakia. This metric is a key indicator of banking industry profitability and efficiency.
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) ratio calculates the net income a bank earns relative to its total assets. It provides insight into how effectively a banking system is using its assets to generate profits. The ROA trend for Slovakia is a valuable economic indicator for policymakers and analysts assessing the health and performance of the country's financial sector.
Methodology
The data is collected and reported by the World Bank as part of their Global Financial Development Database.
Historical Context
Bank ROA is used by central banks, regulators, and market analysts to monitor the stability and competitiveness of the banking industry.
Key Facts
- Slovakia's bank ROA was 1.1% in 2020.
- Bank ROA is a key measure of banking profitability.
- ROA indicates how efficiently banks are using their assets.
FAQs
Q: What does this economic trend measure?
A: The 'Bank's Return on Assets for Slovakia' trend measures the net income earned as a percentage of total assets for the banking sector in Slovakia.
Q: Why is this trend relevant for users or analysts?
A: The bank ROA ratio provides insight into how effectively the banking system is using its assets to generate profits, making it a valuable indicator of financial sector health and performance.
Q: How is this data collected or calculated?
A: The data is collected and reported by the World Bank as part of their Global Financial Development Database.
Q: How is this trend used in economic policy?
A: Bank ROA is used by central banks, regulators, and market analysts to monitor the stability and competitiveness of the banking industry.
Q: Are there update delays or limitations?
A: The data may be subject to reporting lags or other limitations typical of international economic statistics.
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Citation
U.S. Federal Reserve, Bank's Return on Assets for Slovakia (DDEI05SKA156NWDB), retrieved from FRED.