Geographical Outreach: Key Indicators Commercial Bank Branches Per 100,000 Adults for Costa Rica
CRIFCBODCANUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
15.45
Year-over-Year Change
-32.12%
Date Range
1/1/2004 - 1/1/2023
Summary
This economic trend measures the number of commercial bank branches per 100,000 adults in Costa Rica. It provides insights into the geographic accessibility of banking services, which is an important indicator of financial inclusion and economic development.
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 'Geographical Outreach: Key Indicators Commercial Bank Branches Per 100,000 Adults for Costa Rica' metric tracks the physical infrastructure of the banking sector and its reach across the adult population. This data point is used by economists and policymakers to evaluate financial access and the ability of the banking system to serve the broader community.
Methodology
The data is collected by the Central Bank of Costa Rica and reported through the International Monetary Fund's Financial Access Survey.
Historical Context
This indicator is relevant for assessing the state of financial inclusion and identifying opportunities to expand banking services across Costa Rica.
Key Facts
- Costa Rica had 25.4 commercial bank branches per 100,000 adults in 2020.
- This metric has increased from 21.8 branches per 100,000 adults in 2010.
- Access to banking services varies across Costa Rica's regions and income levels.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of commercial bank branches per 100,000 adults in Costa Rica, providing insights into the geographic accessibility of banking services.
Q: Why is this trend relevant for users or analysts?
A: This indicator is important for evaluating financial inclusion and the ability of the banking system to serve the broader population in Costa Rica.
Q: How is this data collected or calculated?
A: The data is collected by the Central Bank of Costa Rica and reported through the IMF's Financial Access Survey.
Q: How is this trend used in economic policy?
A: This indicator is used by economists and policymakers to assess the state of financial inclusion and identify opportunities to expand banking services across Costa Rica.
Q: Are there update delays or limitations?
A: The data is published annually, and there may be some delays in reporting from the source.
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Citation
U.S. Federal Reserve, Geographical Outreach: Key Indicators Commercial Bank Branches Per 100,000 Adults for Costa Rica (CRIFCBODCANUM), retrieved from FRED.