Costa Rica's market capitalization of listed domestic companies (current US$) was US$2.23 billion in 2022, the latest year in the World Bank's World Development Indicators. That is down 25.86% from US$3.01 billion in 2017 (5.81% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | US$2.23 billion | 2022 |
| Five years earlier | US$3.01 billion | 2017 |
| Highest | US$3.01 billion | 2017 |
| Lowest | US$357 million | 1993 |
| Average since 2013 | US$2.36 billion | 2013–2022 |
| First recorded | US$357 million | 1993 |
Over five years it is down 25.86% from US$3.01 billion in 2017 (5.81% a year on average, compounded). Since 1993 it is up 525.23% from US$357 million in 1993 (6.52% a year on average, compounded). The World Bank has no value for 5 of the years in between; the chart leaves those gaps open rather than joining across them.
What the numbers say
In 2022, Costa Rica's market capitalization of listed domestic companies (current US$) rose 9.4% on 2021 (from US$2.04 billion to US$2.23 billion).
Across the 20 yearly changes before that (1996 to 2021), the average change was +19.3% and a typical year strayed about 49.3% from that (the standard deviation). This year's change was 0.2 standard deviations below 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 199.4% in 2004 and the biggest yearly fall was 22.9% in 2009. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2013 to 2022 there is no clear straight-line trend: a straight line explains 8% 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
See how every economy compares in the full ranking.
| Value | Year | |
|---|---|---|
| Costa Rica | US$2.23 billion | 2022 |
| World | US$141.3 trillion | 2025 |
| Latin America & Caribbean | US$2.2 trillion | 2025 |
| High income | US$108.35 trillion | 2025 |
Closest to Costa Rica in the 2022 ranking
- United Kingdom — 1st of 3: US$3.1 trillion
- Argentina — 2nd of 3: US$52.95 billion
What this measures
Market capitalization (also known as market value) is the share price times the number of shares outstanding (including their several classes) for listed domestic companies. Investment funds, unit trusts, and companies whose only business goal is to hold shares of other listed companies are excluded. Data are end of year values converted to U.S. dollars using corresponding year-end foreign exchange rates.
Limitations: Data cover measures of size (market capitalization, number of listed domestic companies) and liquidity (value of shares traded as a percentage of gross domestic product, value of shares traded as a percentage of market capitalization). The comparability of such data across countries may be limited by conceptual and statistical weaknesses, such as inaccurate reporting and differences in accounting standards.
Regional and income-group figures are computed by the World Bank as a sum.
All 25 values
| Year | Market capitalization of listed domestic companies (current US$) |
|---|---|
| 2022 | 2,232,060,000 |
| 2021 | 2,041,060,000 |
| 2020 | 1,901,280,000 |
| 2019 | 2,217,350,000 |
| 2018 | 2,401,120,000 |
| 2017 | 3,010,760,000 |
| 2016 | 2,917,800,000 |
| 2015 | 2,353,520,000 |
| 2014 | 2,551,360,000 |
| 2013 | 1,949,970,000 |
Market capitalization of listed domestic companies (current US$) in nearby economies
More financial sector data for Costa Rica
- Domestic credit to private sector by banks (% of GDP) — 50.04% (2025)
- Net domestic credit (current LCU) — 29.82 trillion (2025)
- Net foreign assets (current LCU) — 8.46 trillion (2025)
- Monetary sector credit to private sector (% of GDP) — 50.04% (2025)
- Broad money (current LCU) — 26.03 trillion (2025)
- Broad money (% of GDP) — 50.23% (2025)
- Broad money to total reserves ratio — 3.03 (2025)
- Consumer price index (2010 = 100) — 143 (2025)
- Inflation, consumer prices (annual % growth) — -0.07% (2025)
- Claims on central government, etc. (% of GDP)
Reading data like this
Questions people ask
- What is Costa Rica's market capitalization of listed domestic companies (current US$)?
- US$2.23 billion in 2022, according to the World Bank (World Development Indicators).
- How has it changed since 1993?
- It is up 525.23% from US$357 million in 1993 (6.52% a year on average, compounded). The highest value was US$3.01 billion in 2017 and the lowest US$357 million in 1993.
- Is the latest change in market capitalization of listed domestic companies (current US$) unusual for Costa Rica?
- In 2022, Costa Rica's market capitalization of listed domestic companies (current US$) rose 9.4% on 2021 (from US$2.04 billion to US$2.23 billion). Across the 20 yearly changes before that (1996 to 2021), the average change was +19.3% and a typical year strayed about 49.3% from that (the standard deviation). This year's change was 0.2 standard deviations below 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 CM.MKT.LCAP.CD, licensed CC BY 4.0. Original source: World Federation of Exchanges database, World Federation of Exchanges (WFE) 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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