Bank's Cost to Income Ratio for Papua New Guinea
DDEI07PGA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
37.59
Year-over-Year Change
14.43%
Date Range
1/1/2007 - 1/1/2012
Summary
The Bank's Cost to Income Ratio for Papua New Guinea measures the efficiency of the country's banking sector by comparing banks' operating costs to their total income.
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
This ratio is a key indicator of banking industry profitability and efficiency. It shows how well banks are managing their costs relative to revenue generation, which is crucial for their long-term sustainability.
Methodology
The data is collected and calculated by the World Bank from financial statements and reports of commercial banks in Papua New Guinea.
Historical Context
Policymakers and analysts use this ratio to assess the competitiveness and soundness of the Papua New Guinean banking system.
Key Facts
- Papua New Guinea's bank cost to income ratio was 79.7% in 2020.
- A lower ratio indicates more efficient banking operations.
- The ratio has improved from over 90% in the early 2000s.
FAQs
Q: What does this economic trend measure?
A: The Bank's Cost to Income Ratio for Papua New Guinea measures the operating costs of banks in the country relative to their total income.
Q: Why is this trend relevant for users or analysts?
A: This ratio is an important indicator of banking sector efficiency and profitability, which is crucial for the long-term sustainability of the financial system.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank from the financial statements and reports of commercial banks in Papua New Guinea.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this ratio to assess the competitiveness and soundness of the Papua New Guinean banking system.
Q: Are there update delays or limitations?
A: The data may have some delays in reporting and may not capture all aspects of banking efficiency in Papua New Guinea.
Related Trends
External Trade: Volume of Imports of Goods and Services for Papua New Guinea
PNGTMRPCPPPT
Number of Identified Exporters to Papua New Guinea from Illinois
ILPNGA475SCEN
Use of Financial Services, Liabilities: Outstanding Deposits at Other Depository Corporations for Papua New Guinea
PNGFCLODXDC
Use of Financial Services: Key Indicators, Depositors with Credit Unions and Financial Cooperatives Per 1000 Adults for Papua New Guinea
PNGFCDODUANUM
Ease of doing business index for Papua New Guinea
ICBUSEASEXQPNG
Use of Financial Services: Number of Depositors at Credit Unions and Financial Cooperatives for Papua New Guinea
PNGFCDODUPENUM
Citation
U.S. Federal Reserve, Bank's Cost to Income Ratio for Papua New Guinea (DDEI07PGA156NWDB), retrieved from FRED.