Bank return on equity (%, before tax) by country
Raw data are from Bankscope. Data10270[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.
What the numbers show
Bank return on equity (%, before tax) is currently reported for 166 countries. The highest value is 50.8% in Sierra Leone; the lowest is -15.6% in Greece.
The median across all reporting countries is 12.2%, and the mean is 14.0%.
The gap between the highest and lowest reporting country is a factor of about 3.
Over the past decade 71 countries rose and 94 fell. The largest increase was in Georgia (up 9,041.8%), and the largest decrease in Democratic Republic of Congo (down 139.1%).
Bank return on equity: full country ranking
| # | Country | Latest | Year | 10-year change | Trend |
|---|---|---|---|---|---|
| 1 | Sierra Leone | 50.8% | 2019 | up 683.2% | volatile |
| 2 | Zambia | 46.4% | 2021 | up 51.5% | rising |
| 3 | Guinea | 43.3% | 2020 | down 32.4% | falling |
| 4 | Kazakhstan | 35.0% | 2021 | up 367.6% | volatile |
| 5 | Madagascar | 33.4% | 2020 | up 98.6% | falling |
| 6 | Ghana | 32.2% | 2021 | up 28.3% | falling |
| 7 | Syria | 32.0% | 2021 | up 516.0% | volatile |
| 8 | Eswatini | 29.6% | 2019 | up 17.4% | falling |
| 9 | Burundi | 29.0% | 2021 | down 15.8% | falling |
| 10 | Malawi | 28.7% | 2021 | down 25.6% | falling |
| 11 | Egypt | 28.0% | 2021 | up 37.7% | rising |
| 12 | Zimbabwe | 26.5% | 2021 | down 22.1% | volatile |
| 13 | Angola | 26.2% | 2021 | down 7.8% | volatile |
| 14 | Georgia | 26.2% | 2021 | up 9,041.8% | volatile |
| 15 | Togo | 26.2% | 2019 | up 78.0% | volatile |
| 16 | Liberia | 25.9% | 2021 | up 285.5% | volatile |
| 17 | Cameroon | 25.6% | 2020 | down 19.1% | falling |
| 18 | Mozambique | 24.9% | 2021 | up 55.2% | falling |
| 19 | Vietnam | 24.0% | 2021 | up 23.7% | rising |
| 20 | Turkmenistan | 24.0% | 2019 | — | falling |
| 21 | Gambia | 23.5% | 2020 | up 59.5% | falling |
| 22 | Pakistan | 23.3% | 2021 | up 5,598.9% | volatile |
| 23 | Rwanda | 23.2% | 2021 | up 23.5% | volatile |
| 24 | Saint Lucia | 23.1% | 2018 | up 2,256.1% | volatile |
| 25 | Dominican Republic | 23.1% | 2021 | up 0.4% | falling |
| 26 | Tanzania | 22.9% | 2021 | up 3.0% | volatile |
| 27 | Kenya | 21.8% | 2021 | down 28.5% | rising |
| 28 | Haiti | 21.2% | 2021 | down 23.5% | rising |
| 29 | Israel | 21.2% | 2021 | up 72.9% | rising |
| 30 | Cote d'Ivoire | 21.0% | 2021 | up 18.4% | rising |
| 31 | Namibia | 20.8% | 2021 | down 32.9% | rising |
| 32 | Guyana | 20.5% | 2021 | down 35.1% | rising |
| 33 | Botswana | 20.1% | 2021 | down 57.2% | falling |
| 34 | Uruguay | 20.0% | 2021 | up 38.8% | volatile |
| 35 | Chile | 19.9% | 2021 | down 25.4% | falling |
| 36 | Guatemala | 19.9% | 2021 | down 20.9% | rising |
| 37 | Tajikistan | 19.4% | 2021 | up 1,223.3% | volatile |
| 38 | Canada | 19.2% | 2021 | down 41.7% | rising |
| 39 | Burkina Faso | 19.1% | 2020 | up 27.4% | volatile |
| 40 | Mexico | 18.7% | 2021 | up 44.7% | rising |
| 41 | Brazil | 18.6% | 2021 | up 35.1% | falling |
| 42 | Mongolia | 18.3% | 2021 | down 31.5% | falling |
| 43 | Yemen | 17.9% | 2019 | down 30.1% | rising |
| 44 | Nepal | 17.8% | 2021 | down 29.5% | falling |
| 45 | South Africa | 17.6% | 2021 | down 17.4% | falling |
| 46 | New Zealand | 17.3% | 2021 | up 1.3% | falling |
| 47 | Macao | 16.9% | 2021 | up 62.0% | rising |
| 48 | Gabon | 16.8% | 2019 | down 34.9% | falling |
| 49 | Cape Verde | 16.5% | 2021 | up 10.0% | falling |
| 50 | Tunisia | 16.5% | 2021 | up 116.7% | rising |
| 51 | Sri Lanka | 16.4% | 2021 | down 53.3% | falling |
| 52 | Peru | 16.4% | 2021 | down 50.9% | rising |
| 53 | Niger | 16.3% | 2019 | down 39.9% | rising |
| 54 | Azerbaijan | 16.3% | 2021 | up 596.7% | volatile |
| 55 | Ethiopia | 15.8% | 2021 | down 69.4% | rising |
| 56 | United States | 15.8% | 2021 | up 46.7% | falling |
| 57 | Cayman Islands | 15.4% | 2016 | up 14.3% | volatile |
| 58 | Nicaragua | 15.2% | 2021 | down 49.9% | falling |
| 59 | Uganda | 15.1% | 2021 | down 58.1% | volatile |
| 60 | Iceland | 15.0% | 2021 | up 159.2% | falling |
| 61 | Romania | 14.9% | 2021 | up 491.7% | volatile |
| 62 | Honduras | 14.6% | 2021 | down 38.5% | rising |
| 63 | Paraguay | 14.6% | 2021 | down 48.7% | rising |
| 64 | Bolivia | 14.2% | 2021 | down 37.8% | volatile |
| 65 | Moldova | 14.1% | 2021 | up 18.1% | volatile |
| 66 | Antigua and Barbuda | 14.0% | 2007 | up 424.3% | rising |
| 67 | India | 13.9% | 2021 | down 38.5% | volatile |
| 68 | Bangladesh | 13.9% | 2021 | down 62.7% | falling |
| 69 | Jamaica | 13.7% | 2021 | down 62.2% | falling |
| 71 | Sweden | 13.7% | 2021 | down 6.7% | falling |
| 72 | Mali | 13.7% | 2020 | down 18.6% | rising |
| 73 | Australia | 13.5% | 2021 | down 23.6% | volatile |
| 74 | Cambodia | 13.4% | 2021 | down 11.5% | falling |
| 75 | Albania | 13.4% | 2021 | up 47.6% | volatile |
| 76 | Lithuania | 13.0% | 2021 | down 28.2% | volatile |
| 77 | Argentina | 12.8% | 2021 | down 65.0% | volatile |
| 78 | Turkey | 12.7% | 2021 | down 26.8% | volatile |
| 79 | Nigeria | 12.6% | 2021 | down 48.4% | falling |
| 80 | Qatar | 12.6% | 2021 | down 34.0% | falling |
| 81 | Bhutan | 12.3% | 2021 | down 40.6% | volatile |
| 82 | Ukraine | 12.3% | 2021 | up 58.2% | volatile |
| 83 | Indonesia | 12.2% | 2021 | down 52.7% | falling |
| 84 | Barbados | 12.2% | 2021 | up 67.7% | volatile |
| 85 | Chad | 12.2% | 2016 | down 59.7% | volatile |
| 86 | Norway | 12.2% | 2021 | down 18.0% | falling |
| 87 | China | 12.2% | 2021 | down 27.0% | falling |
| 88 | Panama | 11.9% | 2021 | down 18.5% | falling |
| 89 | Costa Rica | 11.8% | 2021 | down 4.6% | falling |
| 90 | Finland | 11.7% | 2021 | down 3.2% | falling |
| 91 | Libya | 11.6% | 2020 | up 75.6% | volatile |
| 92 | Slovenia | 11.5% | 2021 | up 172.5% | volatile |
| 93 | Hungary | 11.4% | 2021 | up 314.5% | volatile |
| 94 | Ecuador | 11.4% | 2021 | down 44.3% | volatile |
| 95 | Philippines | 11.3% | 2021 | down 26.1% | rising |
| 96 | Czechia | 11.2% | 2021 | down 33.8% | falling |
| 97 | Singapore | 11.2% | 2021 | up 2.8% | falling |
| 98 | Afghanistan | 11.0% | 2021 | up 592.3% | volatile |
| 99 | Bermuda | 10.9% | 2021 | up 45.3% | rising |
| 100 | Cuba | 10.8% | 2020 | down 58.3% | falling |
| 101 | Bahamas | 10.8% | 2021 | up 31.0% | volatile |
| 102 | Algeria | 10.7% | 2020 | down 49.1% | rising |
| 103 | Senegal | 10.7% | 2020 | down 44.9% | falling |
| 104 | Curacao | 10.6% | 2021 | down 56.4% | falling |
| 105 | Slovakia | 10.5% | 2021 | up 302.6% | volatile |
| 106 | Kyrgyzstan | 10.5% | 2021 | down 66.2% | falling |
| 107 | Bulgaria | 10.4% | 2021 | up 61.7% | volatile |
| 108 | Croatia | 10.4% | 2021 | up 24.0% | volatile |
| 109 | Bosnia and Herzegovina | 10.3% | 2021 | up 57.5% | volatile |
| 110 | Italy | 10.1% | 2021 | up 183.3% | volatile |
| 111 | Malaysia | 10.1% | 2021 | down 71.7% | falling |
| 112 | Saudi Arabia | 10.1% | 2021 | down 31.9% | falling |
| 113 | Denmark | 10.1% | 2021 | up 430.1% | volatile |
| 114 | El Salvador | 10.1% | 2021 | down 46.9% | falling |
| 115 | Morocco | 10.0% | 2021 | down 50.4% | falling |
| 116 | Austria | 9.9% | 2021 | down 23.0% | volatile |
| 117 | South Korea | 9.8% | 2021 | down 33.0% | falling |
| 118 | Mauritius | 9.7% | 2021 | down 37.1% | falling |
| 119 | United Arab Emirates | 9.7% | 2021 | down 16.4% | falling |
| 120 | Trinidad and Tobago | 9.5% | 2021 | up 131.1% | volatile |
| 121 | Benin | 9.5% | 2019 | down 38.4% | volatile |
| 122 | Belarus | 9.5% | 2021 | up 572.9% | volatile |
| 123 | Belgium | 9.3% | 2021 | up 303.5% | volatile |
| 124 | Estonia | 9.3% | 2021 | down 72.2% | volatile |
| 125 | Belize | 9.1% | 2020 | down 44.8% | falling |
| 126 | Suriname | 8.9% | 2019 | down 71.2% | volatile |
| 127 | Jordan | 8.9% | 2021 | down 2.2% | falling |
| 128 | Netherlands | 8.8% | 2021 | up 30.3% | volatile |
| 129 | United Kingdom | 8.4% | 2021 | up 582.3% | volatile |
| 130 | Kuwait | 8.3% | 2021 | down 25.0% | volatile |
| 131 | Hong Kong | 8.1% | 2021 | down 52.4% | volatile |
| 132 | Poland | 7.8% | 2021 | down 43.4% | volatile |
| 133 | North Macedonia | 7.7% | 2021 | up 125.2% | volatile |
| 134 | Fiji | 7.7% | 2021 | down 57.9% | falling |
| 135 | Bahrain | 7.5% | 2021 | down 27.7% | falling |
| 136 | France | 7.4% | 2021 | up 114.3% | volatile |
| 137 | Oman | 7.4% | 2021 | down 41.2% | volatile |
| 138 | Luxembourg | 7.4% | 2021 | up 1,633.7% | volatile |
| 139 | Portugal | 7.3% | 2021 | up 188.5% | volatile |
| 140 | Lesotho | 7.2% | 2021 | down 82.0% | falling |
| 141 | Ireland | 7.0% | 2021 | up 136.2% | volatile |
| 142 | Armenia | 6.9% | 2021 | down 45.6% | volatile |
| 143 | Serbia | 6.8% | 2021 | up 35.2% | volatile |
| 144 | Malta | 6.8% | 2021 | down 35.3% | falling |
| 145 | Thailand | 6.8% | 2021 | down 52.2% | falling |
| 146 | Andorra | 6.7% | 2020 | down 54.9% | falling |
| 147 | Latvia | 6.6% | 2021 | up 165.7% | volatile |
| 148 | Venezuela | 6.5% | 2021 | down 82.3% | volatile |
| 149 | Seychelles | 6.4% | 2020 | down 86.2% | falling |
| 150 | Spain | 5.9% | 2021 | up 844.3% | volatile |
| 151 | Uzbekistan | 5.2% | 2021 | down 60.5% | falling |
| 152 | Japan | 4.9% | 2021 | down 43.3% | volatile |
| 153 | Colombia | 4.8% | 2021 | down 80.8% | volatile |
| 154 | Myanmar | 4.8% | 2021 | up 104.6% | volatile |
| 155 | San Marino | 4.4% | 2017 | down 70.1% | volatile |
| 156 | Sudan | 4.4% | 2012 | down 79.6% | volatile |
| 157 | Montenegro | 4.2% | 2021 | up 371.9% | volatile |
| 158 | Laos | 3.7% | 2021 | down 79.8% | falling |
| 159 | Mauritania | 3.6% | 2020 | down 45.5% | volatile |
| 160 | Germany | 2.6% | 2021 | up 61.0% | volatile |
| 161 | Russia | 2.4% | 2021 | down 79.9% | volatile |
| 162 | Cyprus | 1.7% | 2021 | up 102.8% | volatile |
| 163 | Switzerland | 1.3% | 2021 | down 84.0% | volatile |
| 164 | Lebanon | 0.4% | 2021 | down 97.2% | volatile |
| 165 | Iraq | -0.0% | 2021 | down 100.2% | volatile |
| 166 | Democratic Republic of Congo | -3.7% | 2020 | down 139.1% | volatile |
| 167 | Greece | -15.6% | 2021 | up 73.9% | volatile |
About this data
Raw data are from Bankscope. Data10270[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.