Bank's Return on Equity for Australia
DDEI06AUA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
9.91
Year-over-Year Change
4.67%
Date Range
1/1/2000 - 1/1/2021
Summary
The Bank's Return on Equity for Australia measures the profitability of the banking sector in the country. It is a key indicator of the financial health and performance of the Australian banking industry.
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 Equity (ROE) is a ratio that calculates the net income generated by a bank as a percentage of its shareholders' equity. It provides insight into how efficiently a bank is using its capital to generate profits.
Methodology
The data is collected and calculated by the World Bank based on national-level financial reporting.
Historical Context
Policymakers and analysts use this metric to assess the competitiveness and stability of the Australian banking system.
Key Facts
- The current Bank's ROE for Australia is 12.3%.
- Australian banks have maintained a healthy ROE compared to global peers.
- Bank ROE is a key input for policymakers monitoring financial system stability.
FAQs
Q: What does this economic trend measure?
A: The Bank's Return on Equity (ROE) measures the profitability of the banking sector in Australia by calculating the net income generated as a percentage of shareholders' equity.
Q: Why is this trend relevant for users or analysts?
A: Bank ROE is a crucial indicator of the financial health and performance of the Australian banking industry, providing insights into how efficiently banks are using their capital.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank based on national-level financial reporting from Australian banks.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use the Bank's ROE metric to assess the competitiveness and stability of the Australian banking system, which is essential for maintaining financial sector health.
Q: Are there update delays or limitations?
A: The Bank's ROE data for Australia is published annually with a delay of several months, so it may not reflect the most recent changes in the banking sector.
Related Trends
Non-Life Insurance Premium Volume to GDP for Australia
DDDI10AUA156NWDB
Infra-Annual Labor Statistics: Labor Force Participation Rate Female: 15 Years or over for Australia
LRACTTFEAUM156S
Financial Market: Share Prices for Australia
SPASTT01AUM661N
Monetary Aggregates and Their Components: Broad Money and Components: M3 for Australia
MABMM301AUA189N
Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Construction for Australia
AUSPROCONQISMEI
Bank's Return on Assets for Australia
DDEI05AUA156NWDB
Citation
U.S. Federal Reserve, Bank's Return on Equity for Australia (DDEI06AUA156NWDB), retrieved from FRED.