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
Source: World Bank
Release: Global Financial Development
World Bank, Bank's Return On Equity for World [DDEI061WA156NWDB], retrieved from FRED, Federal Reserve Bank of St. Louis https://research.stlouisfed.org/fred2/series/DDEI061WA156NWDB/, July 2, 2015.