General Government Net Lending/Borrowing for Costa Rica
CRIGGXCNLGDP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-1.74
Year-over-Year Change
-69.24%
Date Range
1/1/1990 - 1/1/2030
Summary
The General Government Net Lending/Borrowing for Costa Rica measures the difference between government revenue and expenditure. It is a key indicator of fiscal health and sustainability.
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 trend represents the balance between the Costa Rican government's total revenue and total expenditure, including operations, interest payments, and capital spending. It is an important metric for assessing the government's fiscal policies and ability to manage its budget.
Methodology
The data is calculated by the Costa Rican Central Bank based on national accounts and government finance statistics.
Historical Context
Policymakers and analysts use this indicator to evaluate the government's fiscal stance and make informed decisions about fiscal and macroeconomic policies.
Key Facts
- Costa Rica's General Government Net Lending/Borrowing has averaged -3.4% of GDP over the past decade.
- In 2020, the indicator reached a record low of -8.1% of GDP due to the COVID-19 pandemic.
- Maintaining a balanced budget is a key policy objective for the Costa Rican government.
FAQs
Q: What does this economic trend measure?
A: The General Government Net Lending/Borrowing for Costa Rica measures the difference between the government's total revenue and total expenditure, including operations, interest payments, and capital spending.
Q: Why is this trend relevant for users or analysts?
A: This indicator is crucial for evaluating the government's fiscal stance and sustainability, as well as informing policymakers' decisions on fiscal and macroeconomic policies.
Q: How is this data collected or calculated?
A: The data is calculated by the Costa Rican Central Bank based on national accounts and government finance statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this indicator to assess the government's fiscal position and make informed decisions about fiscal and macroeconomic policies.
Q: Are there update delays or limitations?
A: The data is published quarterly with a delay of approximately 3 months.
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Citation
U.S. Federal Reserve, General Government Net Lending/Borrowing for Costa Rica (CRIGGXCNLGDP), retrieved from FRED.