Balance of Payments: Financial Account: Assets (or Net Acquisition of Assets) for Costa Rica
CRIB6FATC01CXCUQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
46,946,050.00
Year-over-Year Change
-77.35%
Date Range
1/1/1999 - 10/1/2024
Summary
The Balance of Payments: Financial Account: Assets (or Net Acquisition of Assets) for Costa Rica measures the net cross-border investment flows into the country. This key economic indicator provides insights into Costa Rica's external financial position and international investment patterns.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Financial Account tracks the net change in a country's foreign financial assets and liabilities. For Costa Rica, this metric represents the net acquisition or disposal of assets such as foreign direct investment, portfolio investment, and other financial instruments by Costa Rican residents. Analyzing this data is crucial for understanding Costa Rica's integration with global capital markets.
Methodology
The data is collected and reported by the Central Bank of Costa Rica based on surveys and administrative records.
Historical Context
Policymakers and analysts use this financial account data to assess Costa Rica's international competitiveness, capital flows, and macroeconomic stability.
Key Facts
- Costa Rica has run a current account deficit since the 1990s.
- The financial account reflects Costa Rica's growing integration with global capital markets.
- Inbound foreign direct investment has been a key driver of Costa Rica's economic growth.
FAQs
Q: What does this economic trend measure?
A: The Balance of Payments: Financial Account: Assets (or Net Acquisition of Assets) for Costa Rica measures the net cross-border investment flows into the country.
Q: Why is this trend relevant for users or analysts?
A: Analyzing this data is crucial for understanding Costa Rica's integration with global capital markets, its international competitiveness, and macroeconomic stability.
Q: How is this data collected or calculated?
A: The data is collected and reported by the Central Bank of Costa Rica based on surveys and administrative records.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this financial account data to assess Costa Rica's international competitiveness, capital flows, and macroeconomic stability.
Q: Are there update delays or limitations?
A: The data is reported quarterly by the Central Bank of Costa Rica, with some potential delays in availability.
Related Trends
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Value of Exports to Costa Rica from Missouri
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Use of Financial Services Deposit Accounts: Accounts at Other Depository Corporations for Costa Rica
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Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Energy for Costa Rica
CRICPGREN01IXOBM
Bank Regulatory Capital to Risk-Weighted Assets for Costa Rica
DDSI05CRA156NWDB
Use of Financial Services, Assets: Outstanding Loans at Other Depository Corporations for Costa Rica
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Citation
U.S. Federal Reserve, Balance of Payments: Financial Account: Assets (or Net Acquisition of Assets) for Costa Rica (CRIB6FATC01CXCUQ), retrieved from FRED.