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Costa Rica Private Credit (% GDP)

Costa Rica's private credit (% GDP) rose to 51.96% in 2024, up from 51.12% in 2023, according to World Bank. This represents an increase of 0.84% from the previous year. Costa Rica has private credit (% GDP) higher than the global median (51.96% vs median 39.47%). Compared with the median in Americas, Costa Rica is higher (51.96% vs regional median 48.39%) and ranks 14th out of 32 countries in Americas.

Yearly Historical Data (2005-2024)

(in %)
Year Private Credit (% GDP)
2024 51.96%
2023 51.12%
2022 52.66%
2021 56.59%
2020 60.14%
2019 56.18%
2018 60.3%
2017 59.69%
2016 58.64%
2015 55.13%
2014 53.1%
2013 49.73%
2012 47.45%
2011 46.02%
2010 44.31%
2009 47.65%
2008 49.38%
2007 43.77%
2006 37.86%
2005 35.86%
Costa Rica Private Credit (% GDP) : Definition
Private Credit (% GDP) measures credit extended to the private sector by financial institutions during the period, expressed as a percentage of nominal GDP for Costa Rica.