Domestic credit to private sector in Costa Rica
Costa Rica: Domestic credit to private sector was 60.4% in 2020. ▲ Rising
Domestic credit to private sector in Costa Rica, 2005–2020
Source: World Development Indicators (WDI), World Bank. Measured in % of GDP.
Analysis
Costa Rica recorded 60.4% for domestic credit to private sector in 2020. That is the highest value across all 16 years on record.
The figure is up 7.5% on the previous year and up 36.2% over ten years.
Over the whole period, domestic credit to private sector in Costa Rica peaked at 60.4% in 2020 and was at its lowest, 35.9%, in 2005.
That places Costa Rica 68th out of 187 countries with data for 2020, putting it in the middle of the range.
The long-run direction has been consistently rising across the 16 years of available data.
Domestic credit to private sector in Costa Rica, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2005 | 35.9% | — |
| 2006 | 37.9% | +5.6% |
| 2007 | 43.8% | +15.6% |
| 2008 | 49.4% | +12.8% |
| 2009 | 47.7% | -3.5% |
| 2010 | 44.3% | -7.0% |
| 2011 | 46.0% | +3.8% |
| 2012 | 47.5% | +3.1% |
| 2013 | 49.7% | +4.8% |
| 2014 | 53.1% | +6.8% |
| 2015 | 55.1% | +3.8% |
| 2016 | 58.6% | +6.4% |
| 2017 | 59.7% | +1.8% |
| 2018 | 60.3% | +1.0% |
| 2019 | 56.2% | -6.8% |
| 2020 | 60.4% | +7.5% |
Costa Rica compared with similar countries
- Costa Rica's 60.4% is below the median for high income countries, which is 82.3%, 73% of the median. (61 countries reporting)
- Costa Rica's 60.4% is above the median for Latin America & Caribbean, which is 54.3%, 1.1× the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 42.9% | 35.9% | 49.4% | 5 |
| 2010s | 53.1% | 44.3% | 60.3% | 10 |
| 2020s | 60.4% | 60.4% | 60.4% | 1 |
Countries ranked near Costa Rica
- 65 Estonia 64.8% compare
- 66 El Salvador 62.1% compare
- 67 Vanuatu 61.1% compare
- 69 Iran, Islamic Republic of 60.3% compare
- 70 Montenegro 60.0% compare
- 71 Russian Federation 59.8% compare
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 domestic credit to private sector in Costa Rica?
- Domestic credit to private sector in Costa Rica was 60.4% in 2020, according to World Development Indicators (WDI), World Bank.
- What is the highest domestic credit to private sector recorded in Costa Rica?
- The highest recorded value was 60.4% in 2020.
- What is the lowest domestic credit to private sector recorded in Costa Rica?
- The lowest recorded value was 35.9% in 2005.
- How does Costa Rica rank for domestic credit to private sector?
- Costa Rica ranks 68th out of 187 countries with data for 2020.
- Is domestic credit to private sector rising or falling in Costa Rica?
- Over the last ten years it is up 36.2%. The long-run trend across the full record is rising.
- Where does this Costa Rica data come from?
- The figures come from World Development Indicators (WDI), World Bank, published as part of Domestic credit to private sector (% of GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 16 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Domestic credit to private sector refers to financial resources provided to the private sector, such as through loans, purchases of nonequity securities, and trade credits and other accounts receivable, that establish a claim for repayment. For some countries these claims include credit to public enterprises.