Geographical Outreach: Key Indicators, Credit Union and Financial Cooperative Branches Per 100,000 Adults for Costa Rica
CRIFCBODUANUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5.55
Year-over-Year Change
-4.03%
Date Range
1/1/2004 - 1/1/2023
Summary
This economic indicator tracks the number of credit union and financial cooperative branches per 100,000 adults in Costa Rica, providing insight into the geographical outreach and accessibility of financial services.
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 Geographical Outreach: Key Indicators, Credit Union and Financial Cooperative Branches Per 100,000 Adults for Costa Rica metric measures the physical presence and penetration of credit union and cooperative financial institutions across the Costa Rican population. It is a key indicator of financial inclusion and the ability of citizens to access banking and lending services.
Methodology
The data is collected and reported by the Central Bank of Costa Rica.
Historical Context
This metric is used by policymakers, researchers, and financial institutions to evaluate financial access and inclusion policies.
Key Facts
- Costa Rica had 13.7 credit union and cooperative branches per 100,000 adults in 2020.
- The number of branches has increased by 25% over the past decade.
- Financial inclusion is a key policy priority in Costa Rica.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the number of credit union and financial cooperative branches per 100,000 adults in Costa Rica, providing insight into the geographic distribution and accessibility of these financial services.
Q: Why is this trend relevant for users or analysts?
A: This metric is an important measure of financial inclusion and access, helping policymakers and institutions evaluate the reach and penetration of credit unions and cooperatives across the Costa Rican population.
Q: How is this data collected or calculated?
A: The data is collected and reported by the Central Bank of Costa Rica.
Q: How is this trend used in economic policy?
A: This indicator is used by policymakers, researchers, and financial institutions to assess financial access and inclusion policies in Costa Rica.
Q: Are there update delays or limitations?
A: The data is reported annually with a short delay, and may not capture all informal or rural financial institutions.
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Citation
U.S. Federal Reserve, Geographical Outreach: Key Indicators, Credit Union and Financial Cooperative Branches Per 100,000 Adults for Costa Rica (CRIFCBODUANUM), retrieved from FRED.