Bank's Return on Equity for Slovakia
DDEI06SKA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
8.40
Year-over-Year Change
-660.89%
Date Range
1/1/2000 - 1/1/2021
Summary
The Bank's Return on Equity for Slovakia measures the profitability of the banking sector in the country. It is a key indicator of the financial health and competitiveness of the Slovak 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) for Slovakia is a metric that reflects the overall efficiency and profitability of the country's banking system. It is calculated as the ratio of net income to shareholders' equity, providing insight into how effectively banks are utilizing their capital to generate returns.
Methodology
The data is collected and reported by the World Bank, using standardized accounting and financial reporting principles.
Historical Context
Policymakers and financial analysts monitor this trend to assess the stability and performance of the Slovak banking sector and its ability to support economic growth.
Key Facts
- Slovakia's bank ROE was 10.4% in 2020.
- The banking sector in Slovakia is dominated by foreign-owned institutions.
- Bank ROE is a key metric for evaluating the efficiency of financial intermediation.
FAQs
Q: What does this economic trend measure?
A: The Bank's Return on Equity for Slovakia measures the profitability of the country's banking sector, reflecting how effectively banks are utilizing their capital to generate returns.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into the financial health and competitiveness of the Slovak banking industry, which is crucial for assessing the stability and performance of the financial system and its ability to support economic growth.
Q: How is this data collected or calculated?
A: The data is collected and reported by the World Bank, using standardized accounting and financial reporting principles.
Q: How is this trend used in economic policy?
A: Policymakers and financial analysts monitor this trend to assess the stability and performance of the Slovak banking sector and its ability to support economic growth.
Q: Are there update delays or limitations?
A: The data is reported annually, and there may be some delays in its publication.
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Citation
U.S. Federal Reserve, Bank's Return on Equity for Slovakia (DDEI06SKA156NWDB), retrieved from FRED.