Macro-economic Data

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A. Demography and Macroeconomy

A.1 Population
VariableEnd of 2015End of 2014End of 2013SourcesVar ID
Total population6.64 million6.55 million6.47 million
WDI
A.1.1
Urban population (% of total)59.67% of total59.42% of total59.17% of total
WDI
A.1.4
Urban population growth (annual %)1.73%1.74%1.74%
WDI
A.1.5
A.2 Economy
VariableEnd of 2015End of 2014End of 2013SourcesVar ID
GDP, current prices (U.S. dollars)28,077 USD (millions)30,881 USD (millions)28,996 USD (millions)
WEO
A.2.1
GDP based on PPP valuation of country GDP (Current international dollar)60,977 USD (millions)58,605 USD (millions)55,058 USD (millions)
WEO
A.2.2
GDP per capita, current prices (U.S. dollars)4,009.57 USD 4,480.54 USD 4,269.9 USD
WEO
A.2.3
GDP based on PPP per capita GDP (Current international dollar)8,707.79 USD 8,503.02 USD 8,116.17 USD
WEO
A.2.4
GDP, constant prices (Percent change)3.01%4.72%14.04%
WEO
A.2.5
Inflation, end of period consumer prices (Percent change)3.1%4.21%3.75%
WEO
A.2.6
GDP, deflator (Index)503.79488.16464.30
WEO
A.2.7
Consumer price index124.83121.04115.25
WDI
A.2.8
GINI IndexNot availableNot available48.30
WDI
A.2.9
Growth in urban household income (%/year)A.2.13
Employment (% of total laborforce)A.2.14
Interest Rates:A.2.15
Central bank lending/discount rate20%20%20%
IFS
A.2.15.1
Average bank deposit rate3.51%4.31%4.24%
IFS
A.2.15.4
Lending rate19.74%21.19%19.27%
IFS
A.2.15.5
B. Housing Market
B.1 Housing Stock: Production, Transactions
VariableEnd of 2015End of 2014End of 2013SourcesVar ID
Number of dwelling units:B.1.1
Total1.8 million1.75 million1.73 millionB.1.1.1
Characteristics of housing stock:B.1.3
% of substandard dwelling units.67% of total1% of total1% of totalB.1.3.2
Tenure in urban areas (%):B.1.4
Owner-occupied units78.55% of total78.3% of total77.9% of totalB.1.4.1
Private rental units11.59% of total10.5% of total11.7% of totalB.1.4.3
Public / social rental units9.5% of total10.7% of total10.1% of totalB.1.4.4
Estimated Number of units completed/yearB.1.5
B.2 Housing Prices and Cost for Urban Areas or Capital City
VariableEnd of 2015End of 2014End of 2013SourcesVar ID
Median urban house price in USD:B.2.1
Median house price to median annual HH income:B.2.2
Annual average % change in median house prices:B.2.3
M2 construction cost for median quality houseB.2.4


back to top | Country Data:
Notes: 2010=100
Notes: 2010=100
Notes: Banks include BNF, Vision Banco.
Notes: Banks include BNF, Vision Banco.
Notes: Banks include BNF, Vision Banco.
Notes: Banks include BNF, Vision Banco.
Notes: Banks include BNF, Vision Banco.
Notes: Calculated as % of households, not housing units, without electricity.
Notes: Calculated as % of households, not housing units, without electricity.
Notes: Calculated as % of households, not housing units, without electricity.
Notes: Calculated as % of households, not housing units, without electricity.
Notes: Capital gains tax on non-residents of 30%. Tax base of property typically around 50% of property value.
Notes: Capital gains tax on non-residents of 30%. Tax base of property typically around 50% of property value.
Notes: Capital gains tax on non-residents of 30%. Tax base of property typically around 50% of property value.
Notes: Information as of January 2014
Notes: National Percentage
Notes: Private credit bureau - Informconf and public credit bureau - CRC.
Notes: Private credit bureau - Informconf and public credit bureau - CRC.
Notes: Private credit bureau - Informconf and public credit bureau - CRC.
Notes: Private credit bureau - Informconf and public credit bureau - CRC.
Notes: Private credit bureau - Informconf and public credit bureau - CRC.
Notes: Tax of 1% levied on cadastral value of property as determined by the national cadastre service (based on market prices).
Notes: Tax of 1% levied on cadastral value of property as determined by the national cadastre service (based on market prices).
Notes: Tax of 1% levied on cadastral value of property as determined by the national cadastre service (based on market prices).
Notes: The IDB has provided a loan of $30 million to finance a home and neighborhood improvement program. Serves as very small source of outside funding compared to deposits.