The benchmark interest rate in Costa Rica was last recorded at 0.75 percent. source: Central Bank of Costa Rica

Interest Rate in Costa Rica averaged 5.14 percent from 2006 until 2021, reaching an all time high of 10 percent in August of 2008 and a record low of 0.75 percent in June of 2020. This page provides - Costa Rica Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Costa Rica Interest Rate - values, historical data and charts - was last updated on May of 2021.

Interest Rate in Costa Rica is expected to be 0.75 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Interest Rate in Costa Rica to stand at 1.50 in 12 months time. In the long-term, the Costa Rica Interest Rate is projected to trend around 1.75 percent in 2022 and 2.50 percent in 2023, according to our econometric models.

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Costa Rica Interest Rate

Actual Previous Highest Lowest Dates Unit Frequency
0.75 0.75 10.00 0.75 2006 - 2021 percent Daily

Costa Rica Money Last Previous Highest Lowest Unit
Interest Rate 0.75 0.75 10.00 0.75 percent [+]
Money Supply M2 12873559.36 13103290.42 13136796.76 79181.66 CRC Million [+]
Foreign Exchange Reserves 7057.98 7279.82 8877.55 -1718.92 USD Million [+]
Deposit Interest Rate 2.58 4.64 27.32 1.21 percent [+]


Costa Rica Interest Rate
In Costa Rica, interest rate decisions are taken by the Central Bank of Costa Rica. The official interest rate is the monetary policy rate. The monetary policy rate is the rate charged on overnight loans between financial intermediaries, is determined in the money market as a result of the interaction of demand for and supply of overnight funds.