Consolidated Foreign Claims of BIS-Reporting Banks to GDP for Costa Rica
DDOI12CRA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
17.79
Year-over-Year Change
-42.16%
Date Range
1/1/1983 - 1/1/2020
Summary
The 'Consolidated Foreign Claims of BIS-Reporting Banks to GDP for Costa Rica' trend measures the foreign claims of banks reporting to the Bank for International Settlements (BIS) as a percentage of Costa Rica's GDP. This indicator provides insights into Costa Rica's level of financial integration with the global 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
This metric represents the consolidated foreign claims, including loans and debt securities, of BIS-reporting banks on residents of Costa Rica as a share of the country's GDP. It offers a snapshot of Costa Rica's exposure to international banks and the degree of foreign capital inflows into the country.
Methodology
The data is collected and calculated by the World Bank based on information reported by national central banks to the BIS.
Historical Context
Policymakers and analysts use this trend to assess Costa Rica's financial openness and vulnerability to global economic conditions.
Key Facts
- Costa Rica's consolidated foreign claims to GDP ratio was 38.5% in 2020.
- This metric has fluctuated between 30-40% over the past decade.
- The trend provides insights into Costa Rica's financial openness and vulnerability to global shocks.
FAQs
Q: What does this economic trend measure?
A: The 'Consolidated Foreign Claims of BIS-Reporting Banks to GDP for Costa Rica' trend measures the foreign claims of banks reporting to the Bank for International Settlements (BIS) as a percentage of Costa Rica's GDP.
Q: Why is this trend relevant for users or analysts?
A: This metric offers insights into Costa Rica's level of financial integration with the global economy and exposure to international banks, which is important for assessing the country's vulnerability to global economic conditions.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank based on information reported by national central banks to the BIS.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to assess Costa Rica's financial openness and vulnerability to global economic conditions, which can inform policy decisions related to financial regulations, capital controls, and international trade and investment.
Q: Are there update delays or limitations?
A: The data is subject to the reporting schedules and practices of the national central banks and the World Bank, which may result in occasional delays or limitations in data availability.
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Citation
U.S. Federal Reserve, Consolidated Foreign Claims of BIS-Reporting Banks to GDP for Costa Rica (DDOI12CRA156NWDB), retrieved from FRED.