Credit to Government and State-Owned Enterprises to GDP for Costa Rica

DDEI08CRA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

12.53

Year-over-Year Change

286.68%

Date Range

1/1/1980 - 1/1/2020

Summary

This trend measures the ratio of credit provided to the government and state-owned enterprises to the gross domestic product (GDP) of Costa Rica. It is an important indicator of the role of the public sector in the country's 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 Credit to Government and State-Owned Enterprises to GDP for Costa Rica represents the financial resources provided to the government and state-owned enterprises as a percentage of the country's total economic output. This metric is used by economists and policymakers to assess the level of public sector involvement and its potential impact on economic growth and development.

Methodology

The data is collected and calculated by the World Bank as part of its World Development Indicators database.

Historical Context

This trend is relevant for understanding the fiscal policies and the degree of state intervention in Costa Rica's economy.

Key Facts

  • Costa Rica's Credit to Government and State-Owned Enterprises to GDP ratio was 9.5% in 2020.
  • This metric has fluctuated between 7% and 12% over the past decade in Costa Rica.
  • The public sector's role in the Costa Rican economy is relatively moderate compared to other Latin American countries.

FAQs

Q: What does this economic trend measure?

A: This trend measures the ratio of credit provided to the government and state-owned enterprises to the gross domestic product (GDP) of Costa Rica.

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

A: This metric is used by economists and policymakers to assess the level of public sector involvement and its potential impact on economic growth and development in Costa Rica.

Q: How is this data collected or calculated?

A: The data is collected and calculated by the World Bank as part of its World Development Indicators database.

Q: How is this trend used in economic policy?

A: This trend is relevant for understanding the fiscal policies and the degree of state intervention in Costa Rica's economy.

Q: Are there update delays or limitations?

A: The data is updated annually by the World Bank, with a typical delay of 1-2 years.

Related Trends

Citation

U.S. Federal Reserve, Credit to Government and State-Owned Enterprises to GDP for Costa Rica (DDEI08CRA156NWDB), retrieved from FRED.