Percentage of Foreign Bank Assets Among Total Bank Assets for Costa Rica
DDOI14CRA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
26.00
Year-over-Year Change
8.33%
Date Range
1/1/2005 - 1/1/2013
Summary
This trend measures the percentage of total bank assets held by foreign-owned banks in Costa Rica. It provides insight into the foreign participation and ownership structure of the Costa Rican banking sector.
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 Percentage of Foreign Bank Assets Among Total Bank Assets for Costa Rica tracks the share of total banking assets held by banks with majority foreign ownership. This metric is used to assess the degree of foreign participation and integration in the domestic financial system.
Methodology
The data is collected and calculated by the World Bank based on national financial system statistics.
Historical Context
Policymakers and analysts use this indicator to evaluate the openness and internationalization of Costa Rica's banking industry.
Key Facts
- Costa Rica's foreign bank asset percentage was 18.78% in 2019.
- The trend has declined from a high of 25.24% in 2008.
- Foreign bank participation is lower in Costa Rica compared to regional peers.
FAQs
Q: What does this economic trend measure?
A: This trend measures the percentage of total bank assets held by foreign-owned banks in Costa Rica. It provides insight into the foreign participation and ownership structure of the Costa Rican banking sector.
Q: Why is this trend relevant for users or analysts?
A: This metric is used to assess the degree of foreign participation and integration in the domestic financial system, which is relevant for evaluating the openness and internationalization of Costa Rica's banking industry.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank based on national financial system statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this indicator to evaluate the openness and internationalization of Costa Rica's banking industry.
Q: Are there update delays or limitations?
A: The data is published annually with a slight delay, and may be subject to revisions based on updated national statistics.
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Citation
U.S. Federal Reserve, Percentage of Foreign Bank Assets Among Total Bank Assets for Costa Rica (DDOI14CRA156NWDB), retrieved from FRED.