Bank's Return on Equity for Gambia
DDEI06GMA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
16.08
Year-over-Year Change
-35.94%
Date Range
1/1/2005 - 1/1/2020
Summary
The 'Bank's Return on Equity for Gambia' measures the profitability of Gambian banks by calculating their net income as a percentage of shareholders' equity. This metric is closely watched by economists and policymakers to assess the overall health and efficiency of the Gambian banking 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 Equity for Gambia' is a key indicator of the financial performance and viability of the Gambian banking sector. It provides insight into how effectively banks are utilizing capital invested by shareholders to generate profits.
Methodology
The data is collected and published by the World Bank as part of its World Development Indicators database.
Historical Context
Policymakers and financial analysts use this metric to evaluate the competitiveness and soundness of Gambia's banking industry.
Key Facts
- Gambia's bank ROE was 17.5% in 2020.
- The average bank ROE in Sub-Saharan Africa was 13.4% in 2020.
- Gambia's bank ROE has fluctuated between 12-20% over the past decade.
FAQs
Q: What does this economic trend measure?
A: The 'Bank's Return on Equity for Gambia' measures the profitability of the Gambian banking sector by calculating the net income of banks as a percentage of their total shareholders' equity.
Q: Why is this trend relevant for users or analysts?
A: This metric is closely monitored by economists, policymakers, and financial analysts to assess the overall health, efficiency, and competitiveness of Gambia's banking industry.
Q: How is this data collected or calculated?
A: The data is collected and published by the World Bank as part of its World Development Indicators database.
Q: How is this trend used in economic policy?
A: Policymakers and regulators use this metric to evaluate the soundness and stability of Gambia's financial sector, which is crucial for supporting broader economic growth and development.
Q: Are there update delays or limitations?
A: The data is published with a lag, so the most recent figures may not reflect the current state of the Gambian banking industry.
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Citation
U.S. Federal Reserve, Bank's Return on Equity for Gambia (DDEI06GMA156NWDB), retrieved from FRED.