Bank Z-Score for Jamaica
DDSI01JMA645NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
8.93
Year-over-Year Change
26.65%
Date Range
1/1/2002 - 1/1/2017
Summary
The Bank Z-Score for Jamaica measures the financial soundness and stability of the Jamaican banking system. It is a widely used indicator of banking sector resilience.
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 Z-Score tracks the probability of default for the banking sector in Jamaica. It combines measures of profitability, leverage, and volatility to assess the overall health and solvency of banks operating in the country.
Methodology
The data is calculated by the World Bank using financial statement information from Jamaican banks.
Historical Context
The Bank Z-Score is monitored by policymakers, regulators, and investors to gauge systemic risk in the Jamaican financial system.
Key Facts
- The higher the Bank Z-Score, the more stable the banking sector.
- Jamaica's Bank Z-Score was 16.7 as of the latest data point.
- The Bank Z-Score is an inverse measure of the probability of bank insolvency.
FAQs
Q: What does the Bank Z-Score for Jamaica measure?
A: The Bank Z-Score tracks the financial soundness and stability of the Jamaican banking system. It assesses the probability of default for the overall banking sector.
Q: Why is the Bank Z-Score relevant for users or analysts?
A: The Bank Z-Score is a key indicator of systemic risk in the Jamaican financial system, monitored by policymakers, regulators, and investors to gauge banking sector resilience.
Q: How is the Bank Z-Score data collected or calculated?
A: The data is calculated by the World Bank using financial statement information from banks operating in Jamaica.
Q: How is the Bank Z-Score used in economic policy?
A: Policymakers and regulators use the Bank Z-Score to assess the stability and solvency of the Jamaican banking sector, informing macroprudential policies and oversight.
Q: Are there any update delays or limitations with the Bank Z-Score data?
A: The Bank Z-Score data is published annually by the World Bank, so there may be a delay of up to a year before the latest information is available.
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Citation
U.S. Federal Reserve, Bank Z-Score for Jamaica (DDSI01JMA645NWDB), retrieved from FRED.