Dimension 5.2: Standards and Methods in Costa Rica

Costa Rica: Dimension 5.2: Standards and Methods was 0.85 in 2023. ▲ Rising

Latest (2023)
0.85
Change on year
down 5.6%
World rank
48th
of 188 countries
All-time high
0.9
in 2021
All-time low
0.5
in 2016
Years of data
8
2016–2023

Dimension 5.2: Standards and Methods in Costa Rica, 2016–2023

00.20.40.60.812016201920232016: 0.52017: 0.652018: 0.552019: 0.72020: 0.72021: 0.92022: 0.92023: 0.85

Source: Statistical Performance Indicators, The World Bank (https://datacatalog.worldbank.org/dataset/statistical-performance-indicators).

Analysis

Costa Rica recorded 0.85 for dimension 5.2: standards and methods in 2023.

The figure is down 5.6% on the previous year and up 70.0% over ten years.

Costa Rica ranks 48th of 188 countries on this measure, in the middle of the range.

Averages by decade

DecadeAverage LowestHighest Years
2010s 0.6 0.5 0.7 4
2020s 0.8375 0.7 0.9 4

Countries ranked near Costa Rica

  1. 48 Colombia 0.85 compare
  2. 48 Kyrgyzstan 0.85 compare
  3. 48 Malta 0.85 compare
  4. 48 Mexico 0.85 compare
  5. 48 Romania 0.85 compare
  6. 48 Serbia 0.85 compare
  7. 48 South Africa 0.85 compare
  8. 48 Thailand 0.85 compare
  9. 48 United Arab Emirates 0.85 compare
  10. 48 Palestine 0.85 compare

See the full ranking of 190 places →

More reference data data for Costa Rica

All data for Costa Rica →

Frequently asked questions

What is dimension 5.2: standards and methods in Costa Rica?
Dimension 5.2: standards and methods in Costa Rica was 0.85 in 2023, according to Statistical Performance Indicators, The World Bank (https://datacatalog.worldbank.org/dataset/statistical-performance-indicators).
What is the highest dimension 5.2: standards and methods recorded in Costa Rica?
The highest recorded value was 0.9 in 2021.
What is the lowest dimension 5.2: standards and methods recorded in Costa Rica?
The lowest recorded value was 0.5 in 2016.
How does Costa Rica rank for dimension 5.2: standards and methods?
Costa Rica ranks 48th out of 188 countries with data for 2023.
Is dimension 5.2: standards and methods rising or falling in Costa Rica?
Over the last ten years it is up 70.0%. The long-run trend across the full record is rising.
Where does this Costa Rica data come from?
The figures come from Statistical Performance Indicators, The World Bank (https://datacatalog.worldbank.org/dataset/statistical-performance-indicators), published as part of Dimension 5.2: Standards and Methods. Statizoid updates them automatically from the source API.

Download this data

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About this data

Indicator
Dimension 5.2: Standards and Methods
Source
Statistical Performance Indicators, The World Bank (https://datacatalog.worldbank.org/dataset/statistical-performance-indicators)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
190 places, 1,515 data points, 2016–2023
Last refreshed

Average score for Standards and Methods indicators. Internationally accepted and recommended methodology, classifications and standards provide the basis for national statistical offices (NSOs) on data integration, facilitating data exchange and providing the foundation for the preparation of relevant statistical indicators. The following methods and standards are considered: System of national accounts in use, National Accounts base year, Classification of national industry, CPI base year, Classification of household consumption, Classification of status of employment, Central government accounting status, Compilation of government finance statistics, Compilation of monetary and financial statistics, Business process. . Further work could improve the validity of this indicator and reduce the risk that countries may be incentivized to adopt only traditional standards and methods and neglect innovative solutions that may be more valid in the current context.