Bank concentration in Costa Rica
Costa Rica: Bank concentration was 55.9% in 2021. ▬ Flat
Bank concentration in Costa Rica, 2000–2021
Source: Bankscope, Bureau van Dijk (BvD). Measured in %.
Analysis
Costa Rica recorded 55.9% for bank concentration in 2021.
That represents a change of up 2.7% on the previous year and down 3.7% over ten years.
Over the whole period, bank concentration in Costa Rica peaked at 73.5% in 2014 and was at its lowest, 54.0%, in 2003.
Costa Rica ranks 134th of 170 countries on this measure, in the bottom quarter.
Bank concentration in Costa Rica, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 57.6% | — |
| 2001 | 54.3% | -5.7% |
| 2002 | 55.7% | +2.6% |
| 2003 | 54.0% | -3.0% |
| 2004 | 56.0% | +3.7% |
| 2005 | 57.6% | +3.0% |
| 2006 | 60.6% | +5.0% |
| 2007 | 60.0% | -0.9% |
| 2008 | 56.5% | -5.9% |
| 2009 | 56.7% | +0.5% |
| 2010 | 59.3% | +4.6% |
| 2011 | 58.1% | -2.0% |
| 2012 | 59.7% | +2.8% |
| 2013 | 61.9% | +3.7% |
| 2014 | 73.5% | +18.6% |
| 2015 | 64.8% | -11.8% |
| 2016 | 60.4% | -6.7% |
| 2017 | 57.6% | -4.7% |
| 2018 | 55.1% | -4.4% |
| 2019 | 55.3% | +0.5% |
| 2020 | 54.4% | -1.6% |
| 2021 | 55.9% | +2.7% |
Costa Rica compared with similar countries
- Costa Rica's 55.9% is below the median for high income countries, which is 73.1%, 76% of the median. (63 countries reporting)
- Costa Rica's 55.9% is below the median for Latin America & Caribbean, which is 73.8%, 76% of the median. (31 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 56.9% | 54.0% | 60.6% | 10 |
| 2010s | 60.6% | 55.1% | 73.5% | 10 |
| 2020s | 55.2% | 54.4% | 55.9% | 2 |
Countries ranked near Costa Rica
More financial sector data for Costa Rica
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0009 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 18.96 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0007 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 13.85 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0009 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 18.96 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is bank concentration in Costa Rica?
- Bank concentration in Costa Rica was 55.9% in 2021, according to Bankscope, Bureau van Dijk (BvD).
- What is the highest bank concentration recorded in Costa Rica?
- The highest recorded value was 73.5% in 2014.
- What is the lowest bank concentration recorded in Costa Rica?
- The lowest recorded value was 54.0% in 2003.
- How does Costa Rica rank for bank concentration?
- Costa Rica ranks 134th out of 170 countries with data for 2021.
- Is bank concentration rising or falling in Costa Rica?
- Over the last ten years it is down 3.7%. The long-run trend across the full record is flat.
- Where does this Costa Rica data come from?
- The figures come from Bankscope, Bureau van Dijk (BvD), published as part of Bank concentration (%). Statizoid updates them automatically from the source API.
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About this data
Raw data are from Bankscope. (Sum(data2025) for three largest banks in Bankscope) / (Sum(data2025) for all banks in Bankscope). Only reported if number of banks in Bankscope is 3 or more. Calculated from underlying bank-by-bank unconsolidated data from Bankscope.