Stock Market Capitalization to GDP for Costa Rica
DDDM01CRA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.06
Year-over-Year Change
-50.55%
Date Range
1/1/1993 - 1/1/2020
Summary
This economic trend measures the ratio of total stock market capitalization to the gross domestic product (GDP) of Costa Rica. It provides insights into the size and relative importance of the Costa Rican stock market compared to the overall economy.
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 stock market capitalization to GDP ratio is a useful indicator of a country's financial development and the depth of its capital markets. It helps economists and policymakers assess the level of financial intermediation and the role of equity financing in the economy.
Methodology
The data is calculated by the World Bank using national accounts and stock market data.
Historical Context
This trend is commonly used to benchmark Costa Rica's financial sector development against other countries and to inform policies aimed at promoting capital market growth.
Key Facts
- Costa Rica's stock market capitalization to GDP ratio was 12.8% in 2020.
- The ratio has fluctuated between 10-15% over the past decade.
- Costa Rica's ratio is lower than the global average of around 100%.
FAQs
Q: What does this economic trend measure?
A: This trend measures the ratio of the total value of stocks traded in Costa Rica's stock market to the country's gross domestic product (GDP). It provides insights into the size and importance of the stock market relative to the overall economy.
Q: Why is this trend relevant for users or analysts?
A: The stock market capitalization to GDP ratio is a key indicator of a country's financial development and the role of equity financing in its economy. It helps economists and policymakers assess the depth and efficiency of Costa Rica's capital markets.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using national accounts data on GDP and stock market data on total market capitalization.
Q: How is this trend used in economic policy?
A: Policymakers in Costa Rica use this trend to benchmark the country's financial sector development against other economies and to inform policies aimed at promoting capital market growth and financial inclusion.
Q: Are there update delays or limitations?
A: The data is published annually by the World Bank with a lag of approximately one year. There may be limitations in data coverage or consistency across different countries.
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Citation
U.S. Federal Reserve, Stock Market Capitalization to GDP for Costa Rica (DDDM01CRA156NWDB), retrieved from FRED.