Bank Lending Deposit Spread for Costa Rica
DDEI02CRA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.05
Year-over-Year Change
-65.28%
Date Range
1/1/1982 - 1/1/2020
Summary
The Bank Lending Deposit Spread for Costa Rica measures the difference between the interest rate charged on loans and the rate paid on deposits by commercial banks in the country. This metric is a key indicator of financial sector health and competitiveness.
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 bank lending deposit spread represents the difference between the average interest rate on loans made by commercial banks and the average rate paid on deposits. This spread reflects banks' ability to generate revenue and profitability, as well as the efficiency and competitiveness of the domestic financial system.
Methodology
The data is collected by the World Bank from national sources and central banks.
Historical Context
The bank lending deposit spread is used by policymakers, analysts, and investors to assess the financial intermediation costs and efficiency in Costa Rica.
Key Facts
- The bank lending deposit spread in Costa Rica averaged 5.47% from 2001 to 2020.
- A wider spread indicates less competitive banking sector and higher financial intermediation costs.
- Reducing the bank lending deposit spread is a policy goal to improve financial inclusion and access to credit.
FAQs
Q: What does this economic trend measure?
A: The bank lending deposit spread measures the difference between the interest rate charged on loans and the rate paid on deposits by commercial banks in Costa Rica.
Q: Why is this trend relevant for users or analysts?
A: The bank lending deposit spread is a key indicator of financial sector health, competitiveness, and efficiency in Costa Rica. It reflects the costs of financial intermediation and can inform policy decisions.
Q: How is this data collected or calculated?
A: The data is collected by the World Bank from national sources and central banks.
Q: How is this trend used in economic policy?
A: Policymakers, analysts, and investors use the bank lending deposit spread to assess financial intermediation costs and the competitiveness of the banking sector in Costa Rica.
Q: Are there update delays or limitations?
A: The data is published annually with a delay of approximately one year.
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Citation
U.S. Federal Reserve, Bank Lending Deposit Spread for Costa Rica (DDEI02CRA156NWDB), retrieved from FRED.