Costa Rica: Financial freedom

* indicates monthly or quarterly data series
 Costa Rica

Financial freedom index (0-100)

 Latest value 50
 Year 2024
 Measure points
 Data availability 1995 - 2024
 Average 49
 Min - Max 40 - 50
 Source The Heritage Foundation
For that indicator, we provide data for Costa Rica from 1995 to 2024. The average value for Costa Rica during that period was 49 points with a minimum of 40 points in 2007 and a maximum of 50 points in 1995. The latest value from 2024 is 50 points. For comparison, the world average in 2024 based on 175 countries is 49 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 freedom - Recent values chart

Historical chart
Costa Rica - Financial freedom - historical chart - 1995-2024

The Financial Freedom index for Costa Rica from The Heritage Foundation measures the efficiency of the banking system and the interventions of the government into the financial system. A higher score means more efficient banking institutions and less government intervention.
Definition: The Financial freedom index evaluates: the extent of government regulation of financial services, the degree of state intervention in banks and other financial firms through direct and indirect ownership, the extent of financial and capital market development, government influence on the allocation of credit and openness to foreign competition. Higher index values denote banking efficiency and independence from government control and interference in the financial sector.

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 Related indicators Latest value Reference Measure
 Property rights 65 2024 points
 Freedom from corruption 59 2024 points
 Fiscal freedom 44 2024 points
 Business freedom 80 2024 points
 Labor freedom 62 2024 points
 Monetary freedom 74.50 2024 points
 Trade freedom 75 2024 points
 Investment freedom 60 2024 points
 Financial freedom 50 2024 points
 Economic freedom, overall index 68 2024 index points
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