Balance of Payments: Financial Account: Net (Assets Minus Liabilities) for Costa Rica
CRIB6FATT01CXCUQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-169,668,200.00
Year-over-Year Change
-978.15%
Date Range
1/1/1999 - 1/1/2024
Summary
The Balance of Payments: Financial Account: Net (Assets Minus Liabilities) for Costa Rica measures the net flow of financial transactions between Costa Rica and the rest of the world. This metric is crucial for understanding Costa Rica's external financial position and overall economic stability.
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 Balance of Payments: Financial Account tracks the net change in Costa Rica's international financial assets and liabilities. It includes foreign direct investment, portfolio investment, and other investment flows. Economists and policymakers use this data to analyze Costa Rica's financial integration with global markets and assess its external vulnerability.
Methodology
The data is collected and reported by the Central Bank of Costa Rica based on balance of payments accounting principles.
Historical Context
This metric is an important input for Costa Rica's macroeconomic policy decisions and assessments of the country's financial health by international institutions.
Key Facts
- Costa Rica has run a net financial account surplus in recent years.
- Foreign direct investment is a major component of Costa Rica's financial account.
- The financial account reflects Costa Rica's integration with global capital markets.
FAQs
Q: What does this economic trend measure?
A: The Balance of Payments: Financial Account: Net (Assets Minus Liabilities) for Costa Rica measures the net flow of financial transactions between Costa Rica and the rest of the world, including foreign direct investment, portfolio investment, and other investment flows.
Q: Why is this trend relevant for users or analysts?
A: This metric is crucial for understanding Costa Rica's external financial position and overall economic stability, as it provides insights into the country's financial integration with global markets.
Q: How is this data collected or calculated?
A: The data is collected and reported by the Central Bank of Costa Rica based on balance of payments accounting principles.
Q: How is this trend used in economic policy?
A: This metric is an important input for Costa Rica's macroeconomic policy decisions and assessments of the country's financial health by international institutions.
Q: Are there update delays or limitations?
A: The data is subject to the reporting and publication schedule of the Central Bank of Costa Rica.
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Citation
U.S. Federal Reserve, Balance of Payments: Financial Account: Net (Assets Minus Liabilities) for Costa Rica (CRIB6FATT01CXCUQ), retrieved from FRED.