Costa Rica: Deposit interest rate (%)

Key figures

What the numbers say

In 2025, Costa Rica's deposit interest rate (%) fell 0.25 percentage points on 2024 (from 3.69% to 3.44%).

Across the 30 yearly changes before that (1995 to 2024), the average change was −0.47 percentage points and a typical year strayed about 2.29 percentage points from that (the standard deviation). This year's change was 0.1 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

On record, the biggest yearly rise was 6.16 percentage points in 1991 and the biggest yearly fall was 11.51 percentage points in 1992. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2016 to 2025 there is no clear straight-line trend: a straight line explains 15% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

How it compares

In 2025, Costa Rica had the 40th highest value of the 77 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.

Closest to Costa Rica in the 2025 ranking

• Bolivia — 36th of 77: 3.92%
• Liberia — 37th of 77: 3.8%
• Maldives — 38th of 77: 3.55%
• Norway — 40th of 77: 3.21%
• Korea, Rep. — 41st of 77: 2.73%
• North Macedonia — 42nd of 77: 2.72%

What this measures

Deposit interest rate is the rate paid by commercial or similar banks for demand, time, or savings deposits. The terms and conditions attached to these rates differ by country, however, limiting their comparability. This indicator is expressed as a percentage (a÷b)*100.

Limitations: Countries use a variety of reporting formats, sample designs, interest compounding formulas, averaging methods, and data presentations for indices and other data series on interest rates. The IMF's Monetary and Financial Statistics Manual does not provide guidelines beyond the general recommendation that such data should reflect market prices and effective (rather than nominal) interest rates and should be representative of the financial assets and markets to be covered. For more information, please see http://www.imf.org/external/pubs/ft/mfs/manual/index.htm.

All 44 values

Deposit interest rate (%) in nearby economies

• Antigua and Barbuda — 1.33% (2025)
• Argentina — 34.86% (2025)
• Aruba — 2.8% (2023)
• Bahamas, The — 0.59% (2025)
• Barbados — 0.14% (2022)
• Belize — 1.98% (2025)
• Bolivia — 3.92% (2025)
• Brazil — 7.7% (2024)
• Chile — 6.07% (2024)
• Colombia — 8.96% (2025)
• Dominica — 1.54% (2025)
• Dominican Republic

More financial sector data for Costa Rica

• Domestic credit to private sector by banks (% of GDP) — 50.04% (2025)
• Net domestic credit (current LCU) — 29.82 trillion (2025)
• Net foreign assets (current LCU) — 8.46 trillion (2025)
• Monetary sector credit to private sector (% of GDP) — 50.04% (2025)
• Broad money (current LCU) — 26.03 trillion (2025)
• Broad money (% of GDP) — 50.23% (2025)
• Broad money to total reserves ratio — 3.03 (2025)
• Consumer price index (2010 = 100) — 143 (2025)
• Inflation, consumer prices (annual % growth) — -0.07% (2025)
• Claims on central government, etc. (% of GDP)

Reading data like this

• Where to find free public data, and how to check it before you trust it — 2 min read
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Questions people ask

What is Costa Rica's deposit interest rate (%)?

3.44% in 2025, according to the World Bank (World Development Indicators).

How has it changed since 1982?

It is down 14.85 percentage points from 18.29% in 1982. The highest value was 27.32% in 1991 and the lowest 1.21% in 2016.

How does Costa Rica rank?

40th highest of 77 economies with data for 2025.

Is the latest change in deposit interest rate (%) unusual for Costa Rica?

In 2025, Costa Rica's deposit interest rate (%) fell 0.25 percentage points on 2024 (from 3.69% to 3.44%). Across the 30 yearly changes before that (1995 to 2024), the average change was −0.47 percentage points and a typical year strayed about 2.29 percentage points from that (the standard deviation). This year's change was 0.1 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

Source

World Bank, World Development Indicators, indicator FR.INR.DPST, licensed CC BY 4.0. Original source: International Financial Statistics database, International Monetary Fund (IMF) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.

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