Financial Institutions Depth Index in Costa Rica
Costa Rica: Financial Institutions Depth Index was 0.3766 in 2020. ▲ Rising
Financial Institutions Depth Index in Costa Rica, 1980–2020
Source: International Monetary Fund.
Analysis
In 2020, financial institutions depth index in Costa Rica stood at 0.3766. That is the highest value across all 41 years on record.
The figure is up 11.2% on the previous year and up 79.5% over ten years.
Over the whole period, financial institutions depth index in Costa Rica peaked at 0.3766 in 2020 and was at its lowest, 0.1152, in 1991.
That places Costa Rica 46th out of 183 countries with data for 2020, putting it in the top quarter.
The long-run direction has been consistently rising across the 41 years of available data.
Financial Institutions Depth Index in Costa Rica, year by year
| Year | Value | Change |
|---|---|---|
| 1980 | 0.2905 | — |
| 1981 | 0.2429 | -16.4% |
| 1982 | 0.1961 | -19.3% |
| 1983 | 0.2238 | +14.1% |
| 1984 | 0.2084 | -6.9% |
| 1985 | 0.1991 | -4.4% |
| 1986 | 0.1873 | -6.0% |
| 1987 | 0.1985 | +6.0% |
| 1988 | 0.1859 | -6.3% |
| 1989 | 0.171 | -8.0% |
| 1990 | 0.1658 | -3.0% |
| 1991 | 0.1152 | -30.5% |
| 1992 | 0.1304 | +13.2% |
| 1993 | 0.1501 | +15.1% |
| 1994 | 0.1463 | -2.5% |
| 1995 | 0.1206 | -17.6% |
| 1996 | 0.1296 | +7.5% |
| 1997 | 0.13 | +0.3% |
| 1998 | 0.1434 | +10.3% |
| 1999 | 0.1619 | +12.9% |
| 2000 | 0.1787 | +10.4% |
| 2001 | 0.204 | +14.1% |
| 2002 | 0.2229 | +9.3% |
| 2003 | 0.2569 | +15.3% |
| 2004 | 0.1862 | -27.5% |
| 2005 | 0.1856 | -0.3% |
| 2006 | 0.1942 | +4.7% |
| 2007 | 0.2053 | +5.7% |
| 2008 | 0.222 | +8.1% |
| 2009 | 0.2227 | +0.3% |
| 2010 | 0.2098 | -5.8% |
| 2011 | 0.2082 | -0.7% |
| 2012 | 0.2194 | +5.4% |
| 2013 | 0.2355 | +7.4% |
| 2014 | 0.2496 | +6.0% |
| 2015 | 0.2656 | +6.4% |
| 2016 | 0.2786 | +4.9% |
| 2017 | 0.3184 | +14.3% |
| 2018 | 0.3271 | +2.7% |
| 2019 | 0.3386 | +3.5% |
| 2020 | 0.3766 | +11.2% |
Costa Rica compared with similar countries
- Costa Rica's 0.3766 is below the median for high income countries, which is 0.4566, 82% of the median. (62 countries reporting)
- Costa Rica's 0.3766 is above the median for Latin America & Caribbean, which is 0.2866, 1.3× the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.2104 | 0.171 | 0.2905 | 10 |
| 1990s | 0.1393 | 0.1152 | 0.1658 | 10 |
| 2000s | 0.2078 | 0.1787 | 0.2569 | 10 |
| 2010s | 0.2651 | 0.2082 | 0.3386 | 10 |
| 2020s | 0.3766 | 0.3766 | 0.3766 | 1 |
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 financial institutions depth index in Costa Rica?
- Financial institutions depth index in Costa Rica was 0.3766 in 2020, according to International Monetary Fund.
- What is the highest financial institutions depth index recorded in Costa Rica?
- The highest recorded value was 0.3766 in 2020.
- What is the lowest financial institutions depth index recorded in Costa Rica?
- The lowest recorded value was 0.1152 in 1991.
- How does Costa Rica rank for financial institutions depth index?
- Costa Rica ranks 46th out of 183 countries with data for 2020.
- Is financial institutions depth index rising or falling in Costa Rica?
- Over the last ten years it is up 79.5%. 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 Institutions Depth Index. Statizoid updates them automatically from the source API.
Download this data
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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.