Loans from nonresident banks (amounts outstanding) to GDP in Costa Rica
Costa Rica: Loans from nonresident banks (amounts outstanding) to GDP was 11.7% in 2021. ◆ Volatile
Loans from nonresident banks (amounts outstanding) to GDP in Costa Rica, 1978–2021
Source: Bank for International Settlements (BIS). Measured in %.
Analysis
In 2021, loans from nonresident banks (amounts outstanding) to gdp in Costa Rica stood at 11.7%.
The figure is down 11.6% on the previous year and up 269.6% over ten years.
Over the whole period, loans from nonresident banks (amounts outstanding) to gdp in Costa Rica peaked at 13.2% in 2020 and was at its lowest, 0.2%, in 1989.
Costa Rica ranks 95th of 136 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Loans from nonresident banks (amounts outstanding) to GDP in Costa Rica, year by year
| Year | % | Change |
|---|---|---|
| 1978 | 0.6% | — |
| 1979 | 0.5% | -12.7% |
| 1980 | 2.6% | +430.4% |
| 1981 | 4.7% | +78.3% |
| 1982 | 4.6% | -1.0% |
| 1983 | 3.7% | -19.9% |
| 1984 | 3.1% | -16.2% |
| 1985 | 0.2% | -92.6% |
| 1986 | 0.3% | +18.3% |
| 1987 | 0.3% | +21.9% |
| 1988 | 0.3% | -14.9% |
| 1989 | 0.2% | -18.9% |
| 1990 | 9.9% | +4228.6% |
| 1991 | 7.9% | -20.6% |
| 1992 | 6.6% | -16.0% |
| 1993 | 5.9% | -10.6% |
| 1994 | 5.9% | -0.5% |
| 1995 | 5.3% | -9.4% |
| 1996 | 4.7% | -11.7% |
| 1997 | 4.1% | -12.5% |
| 1998 | 4.6% | +12.3% |
| 1999 | 6.5% | +41.6% |
| 2000 | 7.8% | +19.2% |
| 2001 | 8.7% | +11.8% |
| 2002 | 9.8% | +12.2% |
| 2003 | 10.2% | +3.9% |
| 2004 | 9.9% | -2.1% |
| 2005 | 9.2% | -7.1% |
| 2006 | 8.1% | -11.8% |
| 2007 | 6.9% | -15.5% |
| 2008 | 5.4% | -22.2% |
| 2009 | 4.4% | -18.0% |
| 2010 | 3.6% | -18.4% |
| 2011 | 3.2% | -11.9% |
| 2012 | 5.0% | +57.6% |
| 2013 | 9.9% | +99.6% |
| 2014 | 11.1% | +11.3% |
| 2015 | 12.0% | +8.2% |
| 2016 | 12.3% | +3.0% |
| 2017 | 12.6% | +2.6% |
| 2018 | 10.7% | -15.7% |
| 2019 | 13.1% | +23.1% |
| 2020 | 13.2% | +0.6% |
| 2021 | 11.7% | -11.6% |
Costa Rica compared with similar countries
- Costa Rica's 11.7% is below the median for high income countries, which is 39.7%, 29% of the median. (62 countries reporting)
- Costa Rica's 11.7% is below the median for Latin America & Caribbean, which is 19.2%, 61% of the median. (29 countries reporting)
Biggest year-on-year movements
Years where Loans from nonresident banks (amounts outstanding) to GDP in Costa Rica changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1990 | +4228.6% | 0.2% | 9.9% |
| 1980 | +430.4% | 0.5% | 2.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.5% | 0.5% | 0.6% | 2 |
| 1980s | 2.0% | 0.2% | 4.7% | 10 |
| 1990s | 6.1% | 4.1% | 9.9% | 10 |
| 2000s | 8.0% | 4.4% | 10.2% | 10 |
| 2010s | 9.3% | 3.2% | 13.1% | 10 |
| 2020s | 12.4% | 11.7% | 13.2% | 2 |
Countries ranked near Costa Rica
- 92 Grenada 12.8% compare
- 93 Seychelles 12.8% compare
- 94 Barbados 12.5% compare
- 96 Angola 11.0% compare
- 97 Venezuela, Bolivarian Republic of 10.8% compare
- 98 Russian Federation 10.8% 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 loans from nonresident banks (amounts outstanding) to gdp in Costa Rica?
- Loans from nonresident banks (amounts outstanding) to gdp in Costa Rica was 11.7% in 2021, according to Bank for International Settlements (BIS).
- What is the highest loans from nonresident banks (amounts outstanding) to gdp recorded in Costa Rica?
- The highest recorded value was 13.2% in 2020.
- What is the lowest loans from nonresident banks (amounts outstanding) to gdp recorded in Costa Rica?
- The lowest recorded value was 0.2% in 1989.
- How does Costa Rica rank for loans from nonresident banks (amounts outstanding) to gdp?
- Costa Rica ranks 95th out of 136 countries with data for 2021.
- Is loans from nonresident banks (amounts outstanding) to gdp rising or falling in Costa Rica?
- Over the last ten years it is up 269.6%. The long-run trend across the full record is volatile.
- Where does this Costa Rica data come from?
- The figures come from Bank for International Settlements (BIS), published as part of Loans from nonresident banks (amounts outstanding) to GDP (%). Statizoid updates them automatically from the source API.
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About this data
Ratio of outstanding offshore bank loans to GDP. An offshore bank is a bank located outside the country of residence of the depositor, typically in a low tax jurisdiction (or tax haven) that provides financial and legal advantages. Offshore bank loan data from BIS Statistical Appendix Table 7A: External loans and deposits of reporting banks vis-à-vis all sectors.