Financial system deposits to GDP in Costa Rica
Costa Rica: Financial system deposits to GDP was 41.1% in 2021. ▲ Rising
Financial system deposits to GDP in Costa Rica, 1960–2021
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
In 2021, financial system deposits to gdp in Costa Rica stood at 41.1%. That is the highest value across all 62 years on record.
The figure is up 9.1% on the previous year and up 68.6% over ten years.
Over the whole period, financial system deposits to gdp in Costa Rica peaked at 41.1% in 2021 and was at its lowest, 11.0%, in 1998.
That places Costa Rica 118th out of 185 countries with data for 2021, putting it in the middle of the range.
The long-run direction has been consistently rising across the 62 years of available data.
Financial system deposits to GDP in Costa Rica, year by year
| Year | % | Change |
|---|---|---|
| 1960 | 12.8% | — |
| 1961 | 12.2% | -4.8% |
| 1962 | 12.8% | +5.3% |
| 1963 | 13.4% | +4.7% |
| 1964 | 13.9% | +3.6% |
| 1965 | 13.7% | -1.6% |
| 1966 | 12.9% | -5.7% |
| 1967 | 16.9% | +31.1% |
| 1968 | 14.8% | -12.6% |
| 1969 | 14.9% | +0.7% |
| 1970 | 13.7% | -8.0% |
| 1971 | 19.2% | +40.0% |
| 1972 | 19.9% | +3.9% |
| 1973 | 19.6% | -1.7% |
| 1974 | 20.0% | +1.9% |
| 1975 | 23.9% | +19.7% |
| 1976 | 25.4% | +6.2% |
| 1977 | 26.1% | +2.9% |
| 1978 | 28.7% | +9.8% |
| 1979 | 32.4% | +13.1% |
| 1980 | 31.5% | -2.8% |
| 1981 | 38.8% | +22.9% |
| 1982 | 33.4% | -13.7% |
| 1983 | 35.8% | +7.2% |
| 1984 | 34.0% | -5.0% |
| 1985 | 33.2% | -2.5% |
| 1986 | 31.8% | -4.0% |
| 1987 | 32.5% | +1.9% |
| 1988 | 35.7% | +10.0% |
| 1989 | 34.7% | -2.8% |
| 1990 | 35.6% | +2.5% |
| 1991 | 29.2% | -18.0% |
| 1992 | 27.3% | -6.5% |
| 1993 | 26.7% | -1.9% |
| 1994 | 26.8% | +0.4% |
| 1995 | 22.0% | -18.2% |
| 1996 | 29.1% | +32.5% |
| 1997 | 11.1% | -62.0% |
| 1998 | 11.0% | -0.1% |
| 1999 | 12.3% | +11.4% |
| 2000 | 14.9% | +21.3% |
| 2001 | 16.9% | +13.5% |
| 2002 | 18.6% | +9.6% |
| 2003 | 19.9% | +7.0% |
| 2004 | 21.0% | +5.8% |
| 2005 | 22.2% | +5.5% |
| 2006 | 23.7% | +6.8% |
| 2007 | 23.6% | -0.3% |
| 2008 | 22.7% | -3.9% |
| 2009 | 24.9% | +9.6% |
| 2010 | 24.8% | -0.2% |
| 2011 | 24.4% | -1.9% |
| 2012 | 23.6% | -3.2% |
| 2013 | 24.5% | +4.0% |
| 2014 | 25.1% | +2.4% |
| 2015 | 26.2% | +4.5% |
| 2016 | 26.9% | +2.4% |
| 2017 | 25.8% | -3.9% |
| 2018 | 26.6% | +2.9% |
| 2019 | 27.4% | +3.0% |
| 2020 | 37.6% | +37.5% |
| 2021 | 41.1% | +9.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 13.8% | 12.2% | 16.9% | 10 |
| 1970s | 22.9% | 13.7% | 32.4% | 10 |
| 1980s | 34.1% | 31.5% | 38.8% | 10 |
| 1990s | 23.1% | 11.0% | 35.6% | 10 |
| 2000s | 20.8% | 14.9% | 24.9% | 10 |
| 2010s | 25.5% | 23.6% | 27.4% | 10 |
| 2020s | 39.4% | 37.6% | 41.1% | 2 |
Countries ranked near Costa Rica
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)
- Total reserves (gold at national valuation) (SDR), per capita 2,421 SDR per person (2025)
Frequently asked questions
- What is financial system deposits to gdp in Costa Rica?
- Financial system deposits to gdp in Costa Rica was 41.1% in 2021, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest financial system deposits to gdp recorded in Costa Rica?
- The highest recorded value was 41.1% in 2021.
- What is the lowest financial system deposits to gdp recorded in Costa Rica?
- The lowest recorded value was 11.0% in 1998.
- How does Costa Rica rank for financial system deposits to gdp?
- Costa Rica ranks 118th out of 185 countries with data for 2021.
- Is financial system deposits to gdp rising or falling in Costa Rica?
- Over the last ten years it is up 68.6%. The long-run trend across the full record is rising.
- Where does this Costa Rica data come from?
- The figures come from International Financial Statistics (IFS), International Monetary Fund (IMF), published as part of Financial system deposits to GDP (%). Statizoid updates them automatically from the source API.
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About this data
Demand, time and saving deposits in deposit money banks and other financial institutions as a share of GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is demand and time and saving deposits, P_e is end-of period CPI, and P_a is average annual CPI. Raw data are from the electronic version of the IMF’s International Financial Statistics. Financial system deposits (IFS lines 24, 25, 44, and 45); GDP in local currency (IFS line 99B..ZF or, if not available, line 99B.CZF); end-of period CPI (IFS line 64M..ZF or, if not available, 64Q..ZF); and average annual CPI is calculated using the monthly CPI values (IFS line 64M..ZF).