Pension Fund Assets to GDP for Costa Rica
DDDI13CRA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
36.75
Year-over-Year Change
431.46%
Date Range
1/1/2001 - 1/1/2020
Summary
The 'Pension Fund Assets to GDP for Costa Rica' indicator measures the value of pension fund assets as a percentage of the country's gross domestic product. This metric is important for economists and policymakers to assess the development and growth of Costa Rica's private pension system.
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 indicator represents the total assets held by private pension funds in Costa Rica as a share of the country's GDP. It provides insight into the size and importance of the private pension system within the broader economy, which is a key consideration for retirement policy and financial sector analysis.
Methodology
The data is collected and calculated by the World Bank using national account and pension fund statistics.
Historical Context
Policymakers and analysts use this metric to evaluate the maturity and stability of Costa Rica's private pension system.
Key Facts
- Costa Rica's pension fund assets were 20.4% of GDP in 2020.
- The private pension system in Costa Rica has grown rapidly since reforms in the 1990s.
- Pension assets provide a key source of domestic investment capital in Costa Rica.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the total assets held by private pension funds in Costa Rica as a percentage of the country's gross domestic product.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the size and importance of Costa Rica's private pension system, which is a key consideration for retirement policy and financial sector analysis.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank using national account and pension fund statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to evaluate the maturity and stability of Costa Rica's private pension system, which informs retirement policy and financial sector regulations.
Q: Are there update delays or limitations?
A: The data may have update lags due to the time required for national statistical agencies to compile and publish the underlying pension fund and GDP figures.
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Citation
U.S. Federal Reserve, Pension Fund Assets to GDP for Costa Rica (DDDI13CRA156NWDB), retrieved from FRED.