Federal Reserve Economic Data

Bank's Return on Equity for Nigeria (DDEI06NGA156NWDB)

Observation:

2021: 11.81968 (+ more)   Updated: May 7, 2024 3:28 PM CDT
2021:  11.81968  
2020:  14.28387  
2019:  17.68522  
2018:  16.00051  
2017:  15.13471  
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Units:

Percent,
Not Seasonally Adjusted

Frequency:

Annual

NOTES

Source: World Bank  

Release: Global Financial Development  

Units:  Percent, Not Seasonally Adjusted

Frequency:  Annual

Notes:

Commercial banks' net income to yearly averaged equity.

Raw data are from Bankscope. Data2115[t] / ((data2055[t] + data2055[t-1])/2). Numerator and denominator are first aggregated on the country level before division. Note that banks used in the calculation might differ between indicators. (Calculated from underlying bank-by-bank unconsolidated data from Bankscope)

Source Code: GFDD.EI.06

Suggested Citation:

World Bank, Bank's Return on Equity for Nigeria [DDEI06NGA156NWDB], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/DDEI06NGA156NWDB, .

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