NOTE: THIS DATA FILE WILL CHANGE! To improve accessibility of data for all users, we will convert this file from a text format to an html table by the end of June 2024. Title: Bank Z-Score for Euro Area (DISCONTINUED) Series ID: DDSI01EZA645NWDB Source: World Bank Release: Global Financial Development (Not a Press Release) Seasonal Adjustment: Not Seasonally Adjusted Frequency: Annual Units: Z-score Date Range: 1996-01-01 to 2015-01-01 Last Updated: 2017-08-30 8:01 AM CDT Notes: It captures the probability of default of a country's banking system, calculated as a weighted average of the z-scores of a country's individual banks (the weights are based on the individual banks' total assets). Z-score compares a bank's buffers (capitalization and returns) with the volatility of those returns. It captures the probability of default of a country's banking system, calculated as a weighted average of the z-scores of a country's individual banks (the weights are based on the individual banks' total assets). Z-score compares a bank's buffers (capitalization and returns) with the volatility of those returns. It is estimated as (ROA+(equity/assets))/sd(ROA); sd(ROA) is the standard deviation of ROA. (Calculated from underlying bank-by-bank unconsolidated data from Bankscope) Source Code: GFDD.SI.01 DATE VALUE 1996-01-01 9.97 1997-01-01 9.76 1998-01-01 10.03 1999-01-01 10.87 2000-01-01 11.00 2001-01-01 11.09 2002-01-01 11.08 2003-01-01 10.01 2004-01-01 10.26 2005-01-01 9.57 2006-01-01 10.36 2007-01-01 11.02 2008-01-01 8.31 2009-01-01 10.49 2010-01-01 10.14 2011-01-01 8.85 2012-01-01 10.12 2013-01-01 8.78 2014-01-01 11.00 2015-01-01 10.31