Costa Rica - Commercial banks and other lending (PPG + PNG) (NFL, current US$)

The latest value for Commercial banks and other lending (PPG + PNG) (NFL, current US$) in Costa Rica was $349,490,000 as of 2020. Over the past 50 years, the value for this indicator has fluctuated between $1,800,397,000 in 2015 and ($295,820,000) in 2017.

Definition: Commercial bank and other lending includes net commercial bank lending (public and publicly guaranteed and private nonguaranteed) and other private credits. Data are in current U.S. dollars.

Source: World Bank, International Debt Statistics.

See also:

Year Value
1970 $7,567,000
1971 $18,997,000
1972 $28,813,000
1973 $46,319,000
1974 $60,221,000
1975 $97,183,000
1976 $88,240,000
1977 $166,927,000
1978 $77,664,000
1979 $98,048,000
1980 $98,076,000
1981 $51,487,000
1982 $17,009,000
1983 $96,407,000
1984 ($18,293,000)
1985 $44,482,000
1986 $1,740,000
1987 ($3,993,000)
1988 $3,872,000
1989 ($9,959,000)
1990 ($98,640,000)
1991 ($22,302,000)
1992 $17,238,000
1993 ($57,347,000)
1994 ($60,757,000)
1995 ($19,824,000)
1996 ($16,454,000)
1997 ($550,000)
1998 $49,695,000
1999 ($27,703,000)
2000 ($23,817,000)
2001 ($23,437,000)
2002 ($7,696,000)
2003 $64,847,000
2004 $348,735,000
2005 $688,411,000
2006 $136,022,000
2007 $193,289,000
2008 $10,719,000
2009 $611,542,000
2010 $249,211,000
2011 $621,603,000
2012 $1,140,089,000
2013 $837,797,000
2014 $1,176,661,000
2015 $1,800,397,000
2016 $750,472,000
2017 ($295,820,000)
2018 $1,110,592,000
2019 $50,470,000
2020 $349,490,000

Development Relevance: External debt is that part of the total debt in a country that is owed to creditors outside the country. The debtors can be the government, corporations or private households. The debt includes money owed to private commercial banks, other governments, or international financial institutions. External indebtedness affects a country's creditworthiness and investor perceptions. Nonreporting countries might have outstanding debt with the World Bank, other international financial institutions, or private creditors. Total debt service is contrasted with countries' ability to obtain foreign exchange through exports of goods, services, primary income, and workers' remittances.

Limitations and Exceptions: Data on external debt are gathered through the World Bank's Debtor Reporting System (DRS). Long term debt data are compiled using the countries report on public and publicly guaranteed borrowing on a loan-by-loan basis and private non guaranteed borrowing on an aggregate basis. These data are supplemented by information from major multilateral banks and official lending agencies in major creditor countries. Short-term debt data are gathered from the Quarterly External Debt Statistics (QEDS) database, jointly developed by the World Bank and the IMF and from creditors through the reporting systems of the Bank for International Settlements. Debt data are reported in the currency of repayment and compiled and published in U.S. dollars. End-of-period exchange rates are used for the compilation of stock figures (amount of debt outstanding), and projected debt service and annual average exchange rates are used for the flows. Exchange rates are taken from the IMF's International Financial Statistics. Debt repayable in multiple currencies, goods, or services and debt with a provision for maintenance of the value of the currency of repayment are shown at book value.

Statistical Concept and Methodology: Commercial banks include all commercial banks, whether or not publicly owned, that provide loans and other financial services. Private creditors include commercial banks, bondholders, and other private creditors. This indicator includes only publicly guaranteed creditors. Nonguaranteed private creditors are shown separately. Bonds include publicly issued or privately placed bonds. Commercial bank loans are loans from private banks and other private financial institutions. Credits of other private creditors include credits from manufacturers, exporters, and other suppliers of goods, plus bank credits covered by a guarantee of an export credit agency.

Aggregation method: Sum

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: External debt