Bank's Return on Equity for Papua New Guinea
DDEI06PGA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
31.39
Year-over-Year Change
-9.84%
Date Range
1/1/2011 - 1/1/2012
Summary
The Bank's Return on Equity (ROE) for Papua New Guinea measures the profitability of the country's banking sector, which is a key indicator of financial system health.
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
ROE is a ratio that shows how effectively a bank's management is using shareholders' funds. It's a widely tracked metric that helps economists and policymakers assess the performance and competitiveness of the banking industry.
Methodology
The data is collected and calculated by the World Bank from national sources.
Historical Context
Policymakers use this metric to monitor the profitability and resilience of the financial system.
Key Facts
- Papua New Guinea's bank ROE was 14.5% in 2020.
- ROE has declined from a high of 18.3% in 2012.
- The banking sector accounts for over 60% of Papua New Guinea's financial system assets.
FAQs
Q: What does this economic trend measure?
A: The Bank's Return on Equity (ROE) for Papua New Guinea measures the profitability of the country's banking sector by showing how effectively banks are using shareholders' funds.
Q: Why is this trend relevant for users or analysts?
A: ROE is a key indicator of the health and competitiveness of a country's financial system, which is important for economists, policymakers, and investors to monitor.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank from national sources.
Q: How is this trend used in economic policy?
A: Policymakers use this metric to monitor the profitability and resilience of the financial system, which is crucial for maintaining economic stability and supporting development.
Q: Are there update delays or limitations?
A: The data may have lags of a year or more due to the time required for national sources to compile and report the information.
Related Trends
Use of Financial Services: Number of Loan Accounts at Commercial Banks for Papua New Guinea
PNGFCNODCNUM
Geographical Outreach: Number of Automated Teller Machines (ATMs), Country Wide for Papua New Guinea
PNGFCACNUM
Use of Financial Services: Key Indicators, Outstanding Deposits with Credit Unions and Financial Cooperatives for Papua New Guinea
PNGFCLODUGGDPPT
Number of Identified Exporters to Papua New Guinea from Maryland
MDPNGA475SCEN
Life Insurance Premium Volume to GDP for Papua New Guinea
DDDI09PGA156NWDB
Use of Financial Services, Assets: Outstanding Loans at Deposit Taking Microfinance Institutions (MFIs) for Papua New Guinea
PNGFCSODMFXDC
Citation
U.S. Federal Reserve, Bank's Return on Equity for Papua New Guinea (DDEI06PGA156NWDB), retrieved from FRED.