The efficiency ratio of the banking industry in Brazil increased in 2023, exceeding 49 percent. This was the highest ratio reported in the observed period. The increasing ratio indicates lower efficiency, as the banking sector is generating less income relative to its operating expenses
Efficiency ratio of the banking industry in Brazil from 2020 to 2023
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Central Bank of Brazil, & Federação Brasileira de Bancos. (June 6, 2024). Efficiency ratio of the banking industry in Brazil from 2020 to 2023 [Graph]. In Statista. Retrieved December 30, 2024, from https://www.statista.com/statistics/1488355/brazil-efficiency-ratio-of-banking-industry/
Central Bank of Brazil, und Federação Brasileira de Bancos. "Efficiency ratio of the banking industry in Brazil from 2020 to 2023." Chart. June 6, 2024. Statista. Accessed December 30, 2024. https://www.statista.com/statistics/1488355/brazil-efficiency-ratio-of-banking-industry/
Central Bank of Brazil, Federação Brasileira de Bancos. (2024). Efficiency ratio of the banking industry in Brazil from 2020 to 2023. Statista. Statista Inc.. Accessed: December 30, 2024. https://www.statista.com/statistics/1488355/brazil-efficiency-ratio-of-banking-industry/
Central Bank of Brazil, and Federação Brasileira de Bancos. "Efficiency Ratio of The Banking Industry in Brazil from 2020 to 2023." Statista, Statista Inc., 6 Jun 2024, https://www.statista.com/statistics/1488355/brazil-efficiency-ratio-of-banking-industry/
Central Bank of Brazil & Federação Brasileira de Bancos, Efficiency ratio of the banking industry in Brazil from 2020 to 2023 Statista, https://www.statista.com/statistics/1488355/brazil-efficiency-ratio-of-banking-industry/ (last visited December 30, 2024)
Efficiency ratio of the banking industry in Brazil from 2020 to 2023 [Graph], Central Bank of Brazil, & Federação Brasileira de Bancos, June 6, 2024. [Online]. Available: https://www.statista.com/statistics/1488355/brazil-efficiency-ratio-of-banking-industry/