Costa Rica M2 Money Supply Growth
Broad money growth (annual %) FM.LBL.BMNY.ZG
Costa Rica's m2 money supply growth was 2.96% in 2025, ranked 94th globally. This represents a 73.5% decrease from 2024. Data from World Bank, covering 1961–2025.
Overview
Costa Rica's m2 money supply growth stood at 2.96% in 2025, a decline of +8.20pp from 2024. Based on recent trends, this figure is projected to reach 2.96% by 2025. Costa Rica ranked 94th globally.
Costa Rica’s M2 money‑supply growth has slowed dramatically since the early 2000s, registering a modest 2.96 % increase in 2025, which places the country 94th in the world and essentially ties it with Guatemala’s 2.97 % growth for the same year. The stark contrast with the all‑time peak of 154.39 % in 2001 underscores how the expansionary surge that accompanied the post‑crisis boom has been replaced by a prolonged period of restrained monetary growth. The trough of –45.47 % in 1997 marks the last time the supply contracted sharply, a downturn that preceded the subsequent surge. Over the 65‑year coverage, the average trajectory has moved from volatile swings in the 1990s to the relatively stable low‑single‑digit pace observed today, mirroring the pattern of peers such as Korea (2.76 % in 2025). Future shifts in fiscal policy, inflation targets or external capital flows could alter this subdued trend, potentially re‑accelerating the growth rate.
Data & projection
| Year | M2 Money Supply Growth | YoY change | Rank |
|---|---|---|---|
| 2027* trend | -0.45% | - | - |
| 2026* trend | 1.25% | - | - |
| 2025* trend | 2.96% | - | - |
| 2025 | 2.96% | −8.20pp | #94 |
| 2024 | 11.16% | +6.19pp | #63 |
| 2023 | 4.97% | +7.33pp | #42 |
| 2022 | -2.36% | −11.12pp | #2 |
| 2021 | 8.77% | −9.01pp | #52 |
| 2020 | 17.78% | +13.74pp | #106 |
| 2019 | 4.04% | +1.88pp | #33 |
| 2018 | 2.16% | +0.61pp | #20 |
| 2017 | 1.55% | −1.54pp | #24 |
| 2016 | 3.09% | −0.94pp | #30 |
| 2015 | 4.03% | −10.24pp | #37 |
| 2014 | 14.27% | +4.65pp | #117 |
| 2013 | 9.62% | −0.31pp | #71 |
| 2012 | 9.93% | +4.50pp | #71 |
| 2011 | 5.43% | +4.49pp | #36 |
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 m2 money supply growth improve within 24 months. View full analysis →
Frequently Asked Questions
Costa Rica's m2 money supply growth was 2.96% in 2025. Ranked 94th globally. This represents a 73.5% decrease from the previous year.
Costa Rica's m2 money supply growth peaked at 154.39% in 2001.
The lowest m2 money supply growth in Costa Rica was -45.47% in 1997.
Costa Rica ranks 94th globally in m2 money supply growth as of 2025.
The World Bank indicator code is FM.LBL.BMNY.ZG. Data sourced from World Bank.
Costa Rica's m2 money supply growth is projected to reach 2.96% by 2025 based on trend extrapolation.
The m2 money supply growth of Costa Rica in 2025 was 2.96%. This ranks 94th in the world.
Cite this page
@misc{historysaid_costa-rica_m2-growth,
title = {Costa Rica M2 Money Supply Growth},
url = {https://historysaid.com/costa-rica/m2-growth/},
publisher = {HistorySaid},
year = {2026}
}