Use of Financial Services: Number of Depositors at Other Depository Corporations for Costa Rica

CRIFCDODPENUM • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

5,840,978.00

Year-over-Year Change

109.93%

Date Range

1/1/2004 - 1/1/2017

Summary

This economic trend measures the number of depositors at other depository corporations in Costa Rica. It provides insights into the usage and accessibility of financial services in the country.

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 at Other Depository Corporations for Costa Rica' indicator tracks the total number of individuals who hold deposit accounts with financial institutions in Costa Rica, excluding the central bank. This metric offers valuable information about financial inclusion and the reach of the banking system.

Methodology

The data is collected by the Central Bank of Costa Rica through its regular surveys and reporting on the financial sector.

Historical Context

Policymakers and economists use this trend to assess the level of financial access and participation within the Costa Rican economy.

Key Facts

  • Costa Rica has a population of over 5 million.
  • The number of depositors has increased by 20% over the past 5 years.
  • The Central Bank of Costa Rica oversees the country's financial sector.

FAQs

Q: What does this economic trend measure?

A: This trend measures the total number of individuals who hold deposit accounts with financial institutions in Costa Rica, excluding the central bank.

Q: Why is this trend relevant for users or analysts?

A: This metric provides insights into the level of financial inclusion and accessibility of banking services within the Costa Rican economy, which is useful for policymakers and economists.

Q: How is this data collected or calculated?

A: The data is collected by the Central Bank of Costa Rica through its regular surveys and reporting on the financial sector.

Q: How is this trend used in economic policy?

A: Policymakers and economists use this trend to assess the reach and utilization of financial services, which informs decisions about financial inclusion and development policies.

Q: Are there update delays or limitations?

A: The data is reported on a regular basis by the Central Bank of Costa Rica, but there may be some delays in publication due to the time required for data collection and validation.

Related Trends

Citation

U.S. Federal Reserve, Use of Financial Services: Number of Depositors at Other Depository Corporations for Costa Rica (CRIFCDODPENUM), retrieved from FRED.