Use of Financial Services: Number of Depositors which are Households at Insurance Corporations for Costa Rica

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

Latest Value

3,505,480.00

Year-over-Year Change

30.81%

Date Range

1/1/2010 - 1/1/2014

Summary

This economic trend measures the number of households that are depositors at insurance corporations in Costa Rica. It provides insight into the use of financial services and household financial behavior 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 which are Households at Insurance Corporations for Costa Rica' trend tracks the total number of Costa Rican households that have deposit accounts with insurance companies. This metric offers valuable data on household financial inclusion and the role of insurance providers in the national financial system.

Methodology

The data is collected through surveys and reporting by insurance companies operating in Costa Rica.

Historical Context

This trend is useful for policymakers and economists analyzing financial sector development and household access to a range of financial services.

Key Facts

  • Costa Rica has a population of over 5 million people.
  • The insurance industry in Costa Rica represents about 2% of GDP.
  • Household deposits at insurance companies account for a significant portion of total insurance assets.

FAQs

Q: What does this economic trend measure?

A: This trend measures the total number of households in Costa Rica that have deposit accounts with insurance companies operating in the country.

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

A: This metric provides insight into household financial inclusion and the role of insurance providers in the Costa Rican financial system, which is valuable for policymakers and economists analyzing financial sector development.

Q: How is this data collected or calculated?

A: The data is collected through surveys and reporting by insurance companies operating in Costa Rica.

Q: How is this trend used in economic policy?

A: This trend is used by policymakers and economists to assess financial sector development and household access to a range of financial services in Costa Rica.

Q: Are there update delays or limitations?

A: The data may be subject to periodic updates and potential lags in reporting by insurance companies.

Related Trends

Citation

U.S. Federal Reserve, Use of Financial Services: Number of Depositors which are Households at Insurance Corporations for Costa Rica (CRIFCDOFIHPENUM), retrieved from FRED.