Financial Development Index in Costa Rica
Costa Rica: Financial Development Index was 0.2784 in 2020. β² Rising
Financial Development Index in Costa Rica, 1980β2020
Source: International Monetary Fund.
Analysis
Costa Rica recorded 0.2784 for financial development index in 2020.
That represents a change of down 2.9% on the previous year and up 27.2% over ten years.
Over the whole period, financial development index in Costa Rica peaked at 0.3026 in 1980 and was at its lowest, 0.1302, in 1991.
Costa Rica ranks 85th of 183 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 41 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.2283 | 0.1574 | 0.3026 | 10 |
| 1990s | 0.1516 | 0.1302 | 0.1931 | 10 |
| 2000s | 0.2074 | 0.1845 | 0.2371 | 10 |
| 2010s | 0.2669 | 0.2189 | 0.2936 | 10 |
| 2020s | 0.2784 | 0.2784 | 0.2784 | 1 |
Countries ranked near Costa Rica
- 82 Slovak Republic 0.2827 compare
- 83 Grenada 0.2814 compare
- 84 Estonia 0.2794 compare
- 86 Uzbekistan 0.2782 compare
- 87 Antigua and Barbuda 0.2776 compare
- 88 Romania 0.2681 compare
More financial sector data for Costa Rica
- Net domestic credit (current LCU), per capita 5.79 million current LCU per person (2025)
- Net domestic credit (current LCU), per unit of GDP 289.83 current LCU per US$ of GDP (2025)
- Net domestic credit (current LCU), annual growth rate 0.4016 % change on previous year (2025)
- Gold reserves at 35 SDRs per ounce 0 SDR (2025)
- Gold reserves at market value 0 SDR (2025)
- Reserves excluding gold, foreign exchange 11.97 billion SDR (2025)
- Reserves excluding gold 12.48 billion SDR (2025)
- Total reserves (gold at market value) 12.48 billion SDR (2025)
- Total reserves (gold at national valuation) 12.48 billion SDR (2025)
- Domestic credit to private sector by banks 50.0% (2025)
Frequently asked questions
- What is financial development index in Costa Rica?
- Financial development index in Costa Rica was 0.2784 in 2020, according to International Monetary Fund.
- What is the highest financial development index recorded in Costa Rica?
- The highest recorded value was 0.3026 in 1980.
- What is the lowest financial development index recorded in Costa Rica?
- The lowest recorded value was 0.1302 in 1991.
- How does Costa Rica rank for financial development index?
- Costa Rica ranks 85th out of 183 countries with data for 2020.
- Is financial development index rising or falling in Costa Rica?
- Over the last ten years it is up 27.2%. The long-run trend across the full record is rising.
- Where does this Costa Rica data come from?
- The figures come from International Monetary Fund, published as part of Financial Development Index. Statizoid updates them automatically from the source API.
Download this data
CSV Β· JSON β 41 observations, free to reuse under IMF Terms and Conditions (attribution required).
About this data
The dataset contains nine indices that summarize how developed financial institutions and financial markets are in terms of their depth, access, and efficiency. These indices are aggregated into an overall index of financial development. With the coverage of over 180 countries on annual frequency from 1980 onwards, the database should offer a useful analytical tool for researchers and policy makers.