Foreign banks among total banks (%) in Costa Rica
Costa Rica: Foreign banks among total banks (%) was 21.0% in 2013. ▲ Rising
Foreign banks among total banks in Costa Rica, 1995–2013
Source: Stijn Claessens and Neeltje van Horen, 2012. "Foreign Banks: Trends, Impact and Financial Stability" IMF Working Paper, WP/12/10. Measured in %.
Analysis
Costa Rica recorded 21.0% for foreign banks among total banks in 2013.
That represents a change of up 5.0% on the previous year and up 5.0% over ten years.
Over the whole period, foreign banks among total banks in Costa Rica peaked at 23.0% in 2005 and was at its lowest, 15.0%, in 1995.
That places Costa Rica 99th out of 137 countries with data for 2013, putting it in the middle of the range.
The long-run direction has been consistently rising across the 19 years of available data.
Foreign banks among total banks (%) in Costa Rica, year by year
| Year | % | Change |
|---|---|---|
| 1995 | 15.0% | — |
| 1996 | 15.0% | +0.0% |
| 1997 | 15.0% | +0.0% |
| 1998 | 17.0% | +13.3% |
| 1999 | 20.0% | +17.6% |
| 2000 | 20.0% | +0.0% |
| 2001 | 20.0% | +0.0% |
| 2002 | 20.0% | +0.0% |
| 2003 | 20.0% | +0.0% |
| 2004 | 20.0% | +0.0% |
| 2005 | 23.0% | +15.0% |
| 2006 | 22.0% | -4.3% |
| 2007 | 23.0% | +4.5% |
| 2008 | 20.0% | -13.0% |
| 2009 | 22.0% | +10.0% |
| 2010 | 22.0% | +0.0% |
| 2011 | 22.0% | +0.0% |
| 2012 | 20.0% | -9.1% |
| 2013 | 21.0% | +5.0% |
Costa Rica compared with similar countries
- Costa Rica's 21.0% is below the median for high income countries, which is 36.0%, 58% of the median. (53 countries reporting)
- Costa Rica's 21.0% is below the median for Latin America & Caribbean, which is 41.5%, 51% of the median. (24 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 16.4% | 15.0% | 20.0% | 5 |
| 2000s | 21.0% | 20.0% | 23.0% | 10 |
| 2010s | 21.2% | 20.0% | 22.0% | 4 |
Countries ranked near Costa Rica
- 96 Ecuador 22.0% compare
- 96 Finland 22.0% compare
- 96 United Arab Emirates 22.0% compare
- 99 Sudan 21.0% compare
- 101 China 20.0% compare
- 101 Switzerland 20.0% compare
- 101 Uzbekistan 20.0% 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 foreign banks among total banks in Costa Rica?
- Foreign banks among total banks in Costa Rica was 21.0% in 2013, according to Stijn Claessens and Neeltje van Horen, 2012. "Foreign Banks: Trends, Impact and Financial Stability" IMF Working Paper, WP/12/10.
- What is the highest foreign banks among total banks recorded in Costa Rica?
- The highest recorded value was 23.0% in 2005.
- What is the lowest foreign banks among total banks recorded in Costa Rica?
- The lowest recorded value was 15.0% in 1995.
- How does Costa Rica rank for foreign banks among total banks?
- Costa Rica ranks 99th out of 137 countries with data for 2013.
- Is foreign banks among total banks rising or falling in Costa Rica?
- Over the last ten years it is up 5.0%. The long-run trend across the full record is rising.
- Where does this Costa Rica data come from?
- The figures come from Stijn Claessens and Neeltje van Horen, 2012. "Foreign Banks: Trends, Impact and Financial Stability" IMF Working Paper, WP/12/10, published as part of Foreign banks among total banks (%). Statizoid updates them automatically from the source API.
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About this data
Percentage of the number of foreign owned banks to the number of the total banks in an Economy. A foreign bank is a bank where 50 percent or more of its shares are owned by foreigners.