Costa Rica Deposit Rate
Deposit interest rate FR.INR.DPST
Costa Rica's deposit rate was 4.91% in 2025, ranked 41st globally. This represents a 33.0% increase from 2024. Data from World Bank, covering 1982–2025.
Overview
Costa Rica's deposit rate stood at 4.91% in 2025, a rise of +1.22pp from 2024. Based on recent trends, this figure is projected to reach 4.91% by 2025. Costa Rica ranked 41st globally.
Costa Rica’s deposit rate has fallen sharply from an early‑record 18.29 % in 1982 to 4.91 % in 2025, placing the country 41st globally. The sharpest ascent occurred in the early 1990s, when the rate peaked at 27.32 % in 1991, reflecting tight monetary conditions and high inflationary pressures of that era. A pronounced trough followed in 2016, when the rate dropped to 1.21 %, driven by accommodative policy and low global interest rates. Over the 44‑year coverage period the rate has trended downward, converging with peers such as Belarus (5.08 %) and Korea (4.75 %) that now exhibit similar levels. The recent modest rise to 4.91 % suggests a gradual normalization as the Central Bank responds to inflation expectations and external financing conditions. Continued tightening of monetary policy or a resurgence of inflation could push the rate higher, while sustained low inflation would likely keep the trajectory modestly upward or stable.
Data & projection
| Year | Deposit Rate | YoY change | Rank |
|---|---|---|---|
| 2027* trend | 6.05% | - | - |
| 2026* trend | 5.48% | - | - |
| 2025* trend | 4.91% | - | - |
| 2025 | 4.91% | +1.22pp | #41 |
| 2024 | 3.69% | −1.38pp | #44 |
| 2023 | 5.07% | +2.00pp | #59 |
| 2022 | 3.07% | +1.47pp | #56 |
| 2021 | 1.61% | −0.98pp | #45 |
| 2020 | 2.58% | −2.05pp | #59 |
| 2019 | 4.64% | +0.62pp | #74 |
| 2018 | 4.02% | +1.22pp | #76 |
| 2017 | 2.79% | +1.58pp | #63 |
| 2016 | 1.21% | −1.16pp | #28 |
| 2015 | 2.37% | −0.95pp | #50 |
| 2014 | 3.32% | −0.55pp | #72 |
| 2013 | 3.88% | −0.86pp | #78 |
| 2012 | 4.74% | +0.73pp | #82 |
| 2011 | 4.01% | −1.31pp | #66 |
Detected Pattern
Analysis
Costa Rica matched the Orthodox Tightening Cycle pattern in 1995. Historically, 57% of countries showing this pattern (177 out of 311) saw deposit rate improve within 24 months. View full analysis →
Frequently Asked Questions
Costa Rica's deposit rate was 4.91% in 2025. Ranked 41st globally. This represents a 33.0% increase from the previous year.
Costa Rica's deposit rate peaked at 27.32% in 1991.
The lowest deposit rate in Costa Rica was 1.21% in 2016.
Costa Rica ranks 41st globally in deposit rate as of 2025.
The World Bank indicator code is FR.INR.DPST. Data sourced from World Bank.
Costa Rica's deposit rate is projected to reach 4.91% by 2025 based on trend extrapolation.
The deposit rate of Costa Rica in 2025 was 4.91%. This ranks 41st in the world.
Cite this page
@misc{historysaid_costa-rica_deposit-rate,
title = {Costa Rica Deposit Rate},
url = {https://historysaid.com/costa-rica/deposit-rate/},
publisher = {HistorySaid},
year = {2026}
}