Costa Rica: Financial institutions development, depth

* indicates monthly or quarterly data series
 Costa Rica

Financial institutions development, depth

 Latest value 0.379
 Year 2021
 Measure index points
 Data availability 1980 - 2021
 Average 0.207
 Min - Max 0.109 - 0.379
 Source International Monetary Fund
For that indicator, we provide data for Costa Rica from 1980 to 2021. The average value for Costa Rica during that period was 0.207 index points with a minimum of 0.109 index points in 1991 and a maximum of 0.379 index points in 2021. The latest value from 2021 is 0.379 index points. For comparison, the world average in 2021 based on 175 countries is 0.291 index points. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent values chart
Costa Rica - Financial institutions development, depth - Recent values chart

Historical chart
Costa Rica - Financial institutions development, depth - historical chart - 1980-2021




Definition: Measures the development of financial institutions in terms of depth. Constructed as a principal component of the following variables: Private-sector credit to GDP; Pension fund assets to GDP; Mutual fund assets to GDP; and Insurance premiums, life and non-life, to GDP. See Svirydzenka, Katsiaryna (IMF, 2016) for more detail.


 Related indicators Latest value Reference Measure
 Financial development 0.288 2021 index points
 Financial institutions development 0.536 2021 index points
 Financial institutions development, depth 0.379 2021 index points
 Financial institutions development, access 0.477 2021 index points
 Financial institutions development, efficiency 0.613 2021 index points
 Financial markets development 0.029 2021 index points
 Financial markets development, depth 0.043 2021 index points
 Financial markets development, access 0.020 2021 index points
 Financial markets development, efficiency 0.020 2021 index points
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