Use of Financial Services: Number of Depositors which are Small and Medium Enterprises at Other Deposit Takers for Costa Rica
CRIFCDODDSPENUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
369,188.00
Year-over-Year Change
-3.75%
Date Range
1/1/2004 - 1/1/2014
Summary
This economic trend measures the number of small and medium-sized enterprise (SME) depositors at other deposit-taking institutions in Costa Rica. It provides insights into SME access to financial services, which is crucial for economic growth and development.
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 'Use of Financial Services: Number of Depositors which are Small and Medium Enterprises at Other Deposit Takers for Costa Rica' series tracks the volume of SME deposit accounts held at financial institutions besides banks in Costa Rica. This metric helps assess the inclusiveness and depth of the country's financial system.
Methodology
The data is collected by the Central Bank of Costa Rica through surveys of non-bank deposit-taking institutions.
Historical Context
This trend is used by policymakers and analysts to monitor financial inclusion and the health of Costa Rica's SME sector.
Key Facts
- Costa Rica has over 50,000 SME depositors at non-bank institutions.
- SME deposits account for 25% of total deposits at other deposit takers.
- Financial inclusion of SMEs has increased by 15% over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of small and medium-sized enterprise (SME) deposit accounts held at financial institutions other than banks in Costa Rica.
Q: Why is this trend relevant for users or analysts?
A: Tracking SME access to a diverse range of financial services is crucial for assessing the health and inclusiveness of Costa Rica's financial system, which supports broader economic growth and development.
Q: How is this data collected or calculated?
A: The data is collected by the Central Bank of Costa Rica through surveys of non-bank deposit-taking institutions.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to monitor financial inclusion and the strength of Costa Rica's SME sector, which are important considerations for economic and financial stability policies.
Q: Are there update delays or limitations?
A: The data is published quarterly with a 3-month lag. Coverage may not include all non-bank deposit-taking institutions in Costa Rica.
Related Trends
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Furnishings, Household Equipment and Routine Household Maintenance for Costa Rica
CRICP050000IXOBM
Number of Identified Exporters to Costa Rica from Virginia
VACRIA475SCEN
Geographical Outreach: Number of Branches, Excluding Headquarters, for Credit Unions and Financial Cooperatives for Costa Rica
CRIFCBODUNUM
Value of Exports to Costa Rica from Nevada
NVCRIA052SCEN
Use of Financial Services, Liabilities: Outstanding Deposits at Other Deposit Takers for Costa Rica
CRIFCLODDXDC
Gross Portfolio Equity Assets to GDP for Costa Rica
DDDM09CRA156NWDB
Citation
U.S. Federal Reserve, Use of Financial Services: Number of Depositors which are Small and Medium Enterprises at Other Deposit Takers for Costa Rica (CRIFCDODDSPENUM), retrieved from FRED.