Costa Rica: Interest Rates Up to November 17

The passive base rate dropped from 4.55% to 4.50%, while the effective rate in dollars dropped from 2.00% to 1.93%.

Wednesday, November 16, 2016

Interest rates Costa Rica Al March 27th, 2019  

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The Central Bank of Costa Rica issued on Wednesday afternoon on November 16 news that the passive base rate went back down to 0.05%, meaning that the level a which it will remain until Wednesday November 23 is 4.50%.
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The passive base rate is an average of the deposit rates given by financial institutions for maturities of 150-210 days. 

The Central Bank also reported that the Effective Rate in Dollars (TED) will be located at 1.93% (see chart). 

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Costa Rica: Interest Rates Continue to Fall

March 2017

For the third consecutive week the passive base rate has fallen, going from 4.50% to 4.45%, while the effective tax rate in dollars dropped from 2.17% to 2.14%.

The Central Bank of Costa Rica issued on Wednesday afternoon, March 22, news that the decline in the passive base rate has been extended for a third week after falling 0.05%, and it will remain at the current level of 4.45% until Wednesday March 29. [GRAFICA caption = "Click to interact with graphics"]

Costa Rica: Interest Rates Fall

February 2017

After two consecutive weeks of rises, the passive base rate dropped from 4.60% to 4.50%, while the effective rate in dollars dropped from 2.24% to 2.03%.

The Central Bank of Costa Rica issued on Wednesday afternoon, February 8 news that after two consecutive weeks of rises, the passive base rate dropped and will remain at 4.50% until Wednesday February 15. [GRAFICA caption = "Click to interact with graphics"]

Costa Rica: Interest Rates in Colones Drop

January 2017

The passive base rate dropped from 4.55% to 4.50%, while the effective tax rate in dollars rose from 2.06% to 2.09%.

The Central Bank of Costa Rica issued on Wednesday afternoon on January 18 news that the passive base rate dropped by 0.05% and will remain at 4.50% until next Wednesday, January 25. [GRAFICA caption = "Click to interact with graphics"]

Costa Rica: Interest Rates Up to November 23

November 2016

The passive base rate rose from 4.50% to 4.60%, while the effective rate in dollars rose from 1.93% to 2.11%.

Banco Central de Costa Rica released news on Wednesday afternoon on November 23 that the passive base rate rose by 0.10%, meaning that the rate will remain at 4.60% until Wednesday November 30.

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