Private credit by deposit money banks and other financial in Costa Rica
Costa Rica: Private credit by deposit money banks and other financial was 57.1% in 2021. ▲ Rising
Private credit by deposit money banks and other financial in Costa Rica, 1960–2021
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
Costa Rica recorded 57.1% for private credit by deposit money banks and other financial in 2021.
Compared with earlier readings it is down 5.5% on the previous year and up 24.0% over ten years.
Over the whole period, private credit by deposit money banks and other financial in Costa Rica peaked at 60.4% in 2020 and was at its lowest, 10.7%, in 1995.
Costa Rica ranks 76th of 187 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 62 years of available data.
Private credit by deposit money banks and other financial in Costa Rica, year by year
| Year | % | Change |
|---|---|---|
| 1960 | 27.0% | — |
| 1961 | 27.2% | +0.5% |
| 1962 | 25.8% | -5.2% |
| 1963 | 26.7% | +3.7% |
| 1964 | 29.2% | +9.4% |
| 1965 | 29.9% | +2.2% |
| 1966 | 27.7% | -7.3% |
| 1967 | 27.4% | -1.1% |
| 1968 | 25.9% | -5.3% |
| 1969 | 25.2% | -2.7% |
| 1970 | 25.4% | +0.7% |
| 1971 | 29.6% | +16.5% |
| 1972 | 28.8% | -2.7% |
| 1973 | 25.6% | -11.3% |
| 1974 | 28.0% | +9.6% |
| 1975 | 29.2% | +4.4% |
| 1976 | 28.6% | -2.2% |
| 1977 | 26.4% | -7.8% |
| 1978 | 28.5% | +8.1% |
| 1979 | 29.5% | +3.3% |
| 1980 | 27.7% | -5.8% |
| 1981 | 23.2% | -16.4% |
| 1982 | 18.7% | -19.3% |
| 1983 | 21.4% | +14.1% |
| 1984 | 19.9% | -6.9% |
| 1985 | 19.0% | -4.4% |
| 1986 | 17.9% | -6.0% |
| 1987 | 19.0% | +6.0% |
| 1988 | 17.8% | -6.3% |
| 1989 | 16.3% | -8.0% |
| 1990 | 15.8% | -3.0% |
| 1991 | 11.0% | -30.5% |
| 1992 | 12.5% | +13.2% |
| 1993 | 14.3% | +15.1% |
| 1994 | 14.0% | -2.5% |
| 1995 | 10.7% | -23.3% |
| 1996 | 13.6% | +26.8% |
| 1997 | 14.8% | +8.8% |
| 1998 | 19.1% | +28.7% |
| 1999 | 22.5% | +17.8% |
| 2000 | 25.5% | +13.6% |
| 2001 | 28.2% | +10.7% |
| 2002 | 30.4% | +7.6% |
| 2003 | 31.6% | +4.0% |
| 2004 | 31.8% | +0.8% |
| 2005 | 35.7% | +12.2% |
| 2006 | 37.8% | +5.7% |
| 2007 | 43.7% | +15.7% |
| 2008 | 49.4% | +13.0% |
| 2009 | 47.7% | -3.5% |
| 2010 | 44.3% | -7.0% |
| 2011 | 46.0% | +3.8% |
| 2012 | 47.5% | +3.1% |
| 2013 | 49.7% | +4.8% |
| 2014 | 53.1% | +6.8% |
| 2015 | 55.1% | +3.8% |
| 2016 | 58.6% | +6.4% |
| 2017 | 59.7% | +1.8% |
| 2018 | 60.3% | +1.0% |
| 2019 | 56.2% | -6.8% |
| 2020 | 60.4% | +7.5% |
| 2021 | 57.1% | -5.5% |
Costa Rica compared with similar countries
- Costa Rica's 57.1% is below the median for high income countries, which is 84.9%, 67% of the median. (62 countries reporting)
- Costa Rica's 57.1% is above the median for Latin America & Caribbean, which is 51.7%, 1.1× the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 27.2% | 25.2% | 29.9% | 10 |
| 1970s | 28.0% | 25.4% | 29.6% | 10 |
| 1980s | 20.1% | 16.3% | 27.7% | 10 |
| 1990s | 14.8% | 10.7% | 22.5% | 10 |
| 2000s | 36.2% | 25.5% | 49.4% | 10 |
| 2010s | 53.1% | 44.3% | 60.3% | 10 |
| 2020s | 58.7% | 57.1% | 60.4% | 2 |
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 private credit by deposit money banks and other financial in Costa Rica?
- Private credit by deposit money banks and other financial in Costa Rica was 57.1% in 2021, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest private credit by deposit money banks and other financial recorded in Costa Rica?
- The highest recorded value was 60.4% in 2020.
- What is the lowest private credit by deposit money banks and other financial recorded in Costa Rica?
- The lowest recorded value was 10.7% in 1995.
- How does Costa Rica rank for private credit by deposit money banks and other financial?
- Costa Rica ranks 76th out of 187 countries with data for 2021.
- Is private credit by deposit money banks and other financial rising or falling in Costa Rica?
- Over the last ten years it is up 24.0%. 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 Private credit by deposit money banks and other financial institutions to GDP (%). Statizoid updates them automatically from the source API.
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About this data
Private credit by deposit money banks and other financial institutions to GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is credit to the private sector, 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. Private credit by deposit money banks and other financial institutions (IFS lines 22d and 42d); 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)