Costa Rica | Claims on central government (annual growth as % of broad money)

Claims on central government (IFS line 32AN..ZK) include loans to central government institutions net of deposits. Limitations and exceptions: Monetary accounts are derived from the balance sheets of financial institutions - the central bank, commercial banks, and nonbank financial intermediaries. Although these balance sheets are usually reliable, they are subject to errors of classification, valuation, and timing and to differences in accounting practices. For example, whether interest income is recorded on an accrual or a cash basis can make a substantial difference, as can the treatment of nonperforming assets. Valuation errors typically arise for foreign exchange transactions, particularly in countries with flexible exchange rates or in countries that have undergone currency devaluation during the reporting period. The valuation of financial derivatives and the net liabilities of the banking system can also be difficult. The quality of commercial bank reporting also may be adversely affected by delays in reports from bank branches, especially in countries where branch accounts are not computerized. Thus the data in the balance sheets of commercial banks may be based on preliminary estimates subject to constant revision. This problem is likely to be even more serious for nonbank financial intermediaries. Statistical concept and methodology: The banking system's assets include its net foreign assets and net domestic credit. Net domestic credit includes credit extended to the private sector and general government and credit extended to the nonfinancial public sector in the form of investments in short- and long-term government securities and loans to state enterprises; liabilities to the public and private sectors in the form of deposits with the banking system are netted out. Net domestic credit also includes credit to banking and nonbank financial institutions. Domestic credit is the main vehicle through which changes in the money supply are regulated, with central bank lending to the government often playing the most important role. The central bank can regulate lending to the private sector in several ways - for example, by adjusting the cost of the refinancing facilities it provides to banks, by changing market interest rates through open market operations, or by controlling the availability of credit through changes in the reserve requirements imposed on banks and ceilings on the credit provided by banks to the private sector.
Publisher
The World Bank
Origin
Republic of Costa Rica
Records
63
Source
Costa Rica | Claims on central government (annual growth as % of broad money)
1960
1961 2.58007117
1962 0.32973072
1963 10.65932286
1964 2.79976546
1965 3.28785812
1966 8.43358075
1967 6.31356983
1968 -1.30087344
1969 -5.33208606
1970 -5.90498494
1971 5.07161305
1972 5.04966887
1973 -1.71737224
1974 2.4574025
1975 13.33023823
1976 0.58715596
1977 14.75845117
1978 10.00888704
1979 26.29479915
1980 16.58161388
1981 3.55035037
1982 -6.79477197
1983 6.30225702
1984 1.64438432
1985 -1.50547581
1986 6.56783808
1987 6.10994228
1988 1.53110936
1989 1.92189004
1990 4.9016149
1991 -0.40286742
1992 0.8473472
1993 1.38534569
1994 3.7958825
1995 5.5865333
1996 31.63635299
1997 19.70857931
1998 13.68665133
1999 -20.90646195
2000 -0.21660215
2001 -19.17260975
2002 6.07155738
2003 4.39803645
2004 9.29619358
2005 -2.56384377
2006 -2.39681592
2007 -3.48115394
2008 0.72164853
2009 3.18348988
2010 -0.02606353
2011 2.39710701
2012 -3.71195998
2013 3.75726936
2014 3.0402912
2015 2.76729642
2016 1.03776959
2017 2.15288943
2018 0.38008178
2019 -1.89267284
2020 9.35795818
2021 6.00397325
2022 -4.65111804

Costa Rica | Claims on central government (annual growth as % of broad money)

Claims on central government (IFS line 32AN..ZK) include loans to central government institutions net of deposits. Limitations and exceptions: Monetary accounts are derived from the balance sheets of financial institutions - the central bank, commercial banks, and nonbank financial intermediaries. Although these balance sheets are usually reliable, they are subject to errors of classification, valuation, and timing and to differences in accounting practices. For example, whether interest income is recorded on an accrual or a cash basis can make a substantial difference, as can the treatment of nonperforming assets. Valuation errors typically arise for foreign exchange transactions, particularly in countries with flexible exchange rates or in countries that have undergone currency devaluation during the reporting period. The valuation of financial derivatives and the net liabilities of the banking system can also be difficult. The quality of commercial bank reporting also may be adversely affected by delays in reports from bank branches, especially in countries where branch accounts are not computerized. Thus the data in the balance sheets of commercial banks may be based on preliminary estimates subject to constant revision. This problem is likely to be even more serious for nonbank financial intermediaries. Statistical concept and methodology: The banking system's assets include its net foreign assets and net domestic credit. Net domestic credit includes credit extended to the private sector and general government and credit extended to the nonfinancial public sector in the form of investments in short- and long-term government securities and loans to state enterprises; liabilities to the public and private sectors in the form of deposits with the banking system are netted out. Net domestic credit also includes credit to banking and nonbank financial institutions. Domestic credit is the main vehicle through which changes in the money supply are regulated, with central bank lending to the government often playing the most important role. The central bank can regulate lending to the private sector in several ways - for example, by adjusting the cost of the refinancing facilities it provides to banks, by changing market interest rates through open market operations, or by controlling the availability of credit through changes in the reserve requirements imposed on banks and ceilings on the credit provided by banks to the private sector.
Publisher
The World Bank
Origin
Republic of Costa Rica
Records
63
Source