Costa Rica Economic Statistics and Indicators

21, Sep 2018, EDT. Welcome to the Costa Rica economic statistics pages provided by the beta version of EconomyWatch.com's Econ Stats database.

Economic Indicators For: Costa Rica › Change country
National or Regional Currency: Costa Rican C, CRC
Year of data: 2015 › Change year
Number of Indicators Listed: 36
Full Dataset: From Year 1980 to 2019
Date of Last Update: 17th March 2015
Population: 4,755,234 (July 2014 est.)
Area: total: 51,100 sq km ; land: 51,060 sq km ; water: 40 sq km ; note: includes Isla del Coco
Natural Resources: hydropower
Capital: name: San Jose ; geographic coordinates: 9 56 N, 84 05 W ; time difference: UTC-6 (1 hour behind Washington, DC, during Standard Time)

Prior to the global economic crisis, Costa Rica enjoyed stable economic growth. The economy contracted 1.3% in 2009 but resumed growth at about 4.5% per year in 2010-12. While the traditional agricultural exports of bananas, coffee, sugar, and beef are still the backbone of commodity export trade, a variety of industrial and specialized agricultural products have broadened export trade in recent years. High value-added goods and services, including microchips, have further bolstered exports. Tourism continues to bring in foreign exchange, as Costa Rica's impressive biodiversity makes it a key destination for ecotourism. Foreign investors remain attracted by the country's political stability and relatively high education levels, as well as the incentives offered in the free-trade zones; and Costa Rica has attracted one of the highest levels of foreign direct investment per capita in Latin America. However, many business impediments remain, such as high levels of bureaucracy, legal uncertainty due to overlapping and at times conflicting responsibilities between agencies, difficulty of enforcing contracts, and weak investor protection. Poverty has remained around 20-25% for nearly 20 years, and the strong social safety net that had been put into place by the government has eroded due to increased financial constraints on government expenditures. Unlike the rest of Central America, Costa Rica is not highly dependent on remittances as they only represent about 2% of GDP. Immigration from Nicaragua has increasingly become a concern for the government. The estimated 300,000-500,000 Nicaraguans in Costa Rica legally and illegally are an important source of mostly unskilled labor but also place heavy demands on the social welfare system. The US-Central American-Dominican Republic Free Trade Agreement (CAFTA-DR) entered into force on 1 January 2009 after significant delays within the Costa Rican legislature. CAFTA-DR has increased foreign direct investment in key sectors of the economy, including the insurance and telecommunications sectors recently opened to private investors. President CHINCHILLA was not able to gain legislative approval for fiscal reform, her top priority, though she continued to pursue fiscal reform in 2012. President CHINCHILLA and the PLN were successful in passing a tax on corporations to fund an increase for security services.
More on the Costa Rica Economy
More on the Costa Rica Export, Import and Trade

Economic Indicator Listing
  For Costa Rica in year 2015 Indicator Value
GDP Growth (Constant Prices, National Currency) 3.675 %
GDP (Current Prices, National Currency)CRC 28,279.44 Billion.
GDP (Current Prices, US Dollars)US$ 52.898 Billion
GDP Deflator 111.394 (Index, Base Year as per country's accounts = 100)
GDP Per Capita (Constant Prices, National Currency)CRC 5,248,495.50 .
GDP Per Capita (Current Prices, National Currency)CRC 5,846,515.53 .
GDP Per Capita (Current Prices, US Dollars)US$ 10,936.24
GDP (PPP), US DollarsUS$ 74.888 Billion
GDP Per Capita (PPP), US DollarsUS$ 15,482.34
GDP Share of World Total (PPP) 0.066 %
Implied PPP Conversion Rate 377.625
Investment (% of GDP) 19.1 %
Gross National Savings (% of GDP) 15.064 %
Inflation, Average Consumer Prices (Indexed to Year 2000) 99.534 (Index, Base Year 2000 = 100)
Inflation (Average Consumer Price Change %) 0.802 %
Inflation, End of Year (Indexed to Year 2000) 99.12 (Index, Base Year 2000 = 100)
Inflation (End of Year Change %) -0.801 %
Import Volume of All Items Including Goods and Services (Percent Change) 4.42 %
Import Volumes of Goods Only (Percent Change) 2.331 %
Export Volume of All Items Including Goods and Services (Percent Change) 1.861 %
Export Volumes of Goods Only (Percent Change) 0.159 %
Unemployment Rate (% of Labour Force) 8.311 %
Population 4.837 Million
General government revenue (National Currency)CRC 3,993.82 Billions.
General government revenue (% of GDP) 14.123 %
General government total expenditure (National Currency)CRC 5,643.25 Billions.
General government total expenditure (% of GDP) 19.955 %
Total Government Net Lending/ Borrowing (National Currency)CRC -1,649.43 Billions.
Total Government Net Lending/ Borrowing (% of GDP) -5.833 %
Fiscal Year Gross Domestic Product, Current PricesCRC 28,279.44 Billions.
Current Account Balance (US Dollars)US$ -2.135 Billion
Current Account Balance (% GDP) -4.037 %
Economic Indicators for Costa Rica 2015

GDP (Constant Prices, National Currency) for Costa Rica in year 2015 is CRC 25,386.83 Billion.

GDP Growth (Constant Prices, National Currency) for Costa Rica in year 2015 is 3.675 %.

GDP (Current Prices, National Currency) for Costa Rica in year 2015 is CRC 28,279.44 Billion.

GDP (Current Prices, US Dollars) for Costa Rica in year 2015 is US$ 52.898 Billion.

GDP Deflator for Costa Rica in year 2015 is 111.394 (Index, Base Year as per country's accounts = 100).

GDP Per Capita (Constant Prices, National Currency) for Costa Rica in year 2015 is CRC 5,248,495.50 .

GDP Per Capita (Current Prices, National Currency) for Costa Rica in year 2015 is CRC 5,846,515.53 .

GDP Per Capita (Current Prices, US Dollars) for Costa Rica in year 2015 is US$ 10,936.24 .

GDP (PPP), US Dollars for Costa Rica in year 2015 is US$ 74.888 Billion.

GDP Per Capita (PPP), US Dollars for Costa Rica in year 2015 is US$ 15,482.34 .

GDP Share of World Total (PPP) for Costa Rica in year 2015 is 0.066 %.

Implied PPP Conversion Rate for Costa Rica in year 2015 is 377.625 .

Investment (% of GDP) for Costa Rica in year 2015 is 19.1 %.

Gross National Savings (% of GDP) for Costa Rica in year 2015 is 15.064 %.

Inflation, Average Consumer Prices (Indexed to Year 2000) for Costa Rica in year 2015 is 99.534 (Index, Base Year 2000 = 100).

Inflation (Average Consumer Price Change %) for Costa Rica in year 2015 is 0.802 %.

Inflation, End of Year (Indexed to Year 2000) for Costa Rica in year 2015 is 99.12 (Index, Base Year 2000 = 100).

Inflation (End of Year Change %) for Costa Rica in year 2015 is -0.801 %.

Import Volume of All Items Including Goods and Services (Percent Change) for Costa Rica in year 2015 is 4.42 %.

Import Volumes of Goods Only (Percent Change) for Costa Rica in year 2015 is 2.331 %.

Export Volume of All Items Including Goods and Services (Percent Change) for Costa Rica in year 2015 is 1.861 %.

Export Volumes of Goods Only (Percent Change) for Costa Rica in year 2015 is 0.159 %.

Unemployment Rate (% of Labour Force) for Costa Rica in year 2015 is 8.311 %.

Population for Costa Rica in year 2015 is 4.837 Million .

General government revenue (National Currency) for Costa Rica in year 2015 is CRC 3,993.82 Billions.

General government revenue (% of GDP) for Costa Rica in year 2015 is 14.123 %.

General government total expenditure (National Currency) for Costa Rica in year 2015 is CRC 5,643.25 Billions.

General government total expenditure (% of GDP) for Costa Rica in year 2015 is 19.955 %.

Total Government Net Lending/ Borrowing (National Currency) for Costa Rica in year 2015 is CRC -1,649.43 Billions.

Total Government Net Lending/ Borrowing (% of GDP) for Costa Rica in year 2015 is -5.833 %.

Fiscal Year Gross Domestic Product, Current Prices for Costa Rica in year 2015 is CRC 28,279.44 Billions.

Current Account Balance (US Dollars) for Costa Rica in year 2015 is US$ -2.135 Billion.

Current Account Balance (% GDP) for Costa Rica in year 2015 is -4.037 %.

* Source: IMF
Aggregate Indicators for Costa Rica
Indicators
  Geography (Location, geographic coordinates, map references, area, terrain, elevation extremes, borders, coastline and maritime claims) for Costa Rica
  Climate and Environment (climate, environmental issues, environmental agreements, natural hazards) for Costa Rica
  Natural Resources, Agricultural Products, Land Use and Water Use for Costa Rica
  Nationality, Ethnic Groups, Languages and Religions for Costa Rica
  Telephone Statistics: Number of Fixed Lines, Mobile Phone Penetration Rate for Costa Rica
  Age Structure, Median Age, Gender and Urbanization for Costa Rica
  Population Growth Rate, Birth Rate, Death Rate, Net Migration Rate for Costa Rica
  Life Expectancy Rate, Infant Mortality Rate and Total Fertility Rate for Costa Rica
  HIV, AIDS and Other Major Infectious Disease Rates for Costa Rica
  Literacy Rate, Educational Expenditure and School Life Expectancy for Costa Rica
  Gross Domestic Product (PPP, Official Exchange Rate, Real Growth Rate and Per Capita) for Costa Rica
  Industries and Industrial Growth Production Rate for Costa Rica
  Labor Force by Occupation for Costa Rica
  Poverty Line, Gini Index, Household Income and Consumption for Costa Rica
  National Budget and Public Debt for Costa Rica
  Bank Rates (Commercial Bank Prime Lending Rate, Central Bank Discount Rate) for Costa Rica
  Stock of Money, Stock of Quasi Money, Stock of Domestic Credit for Costa Rica
  Stock Market Capitalization: Market Value of Publicly Traded Shares for Costa Rica
  Trade Statistics, Export Statistics, Export Partners and Products, Import Statistics, Import Partners and Products for Costa Rica
  Foreign Exchange Reserves and Gold Reserves for Costa Rica
  FDI Statistics (Foreign Direct Investment at Home/ Inbound FDI, Foreign Direct Investment Abroad/ Outbound FDI) for Costa Rica
  Exchange Rate Statistics for Costa Rica
  Electricity Production, Electricity Consumption, Electricity Exports and Electricity Imports for Costa Rica
  Oil Production, Proven Oil Reserves, Oil Consumption, Oil Exports and Oil Imports for Costa Rica
  Natural Gas Production, Proven Natural Gas Reserves, Natural Gas Consumption, Natural Gas Exports and Natural Gas Imports for Costa Rica
  Television and Radio Statistics (TV Stats, Radio Stats) for Costa Rica
  Internet Statistics (Internet Users, Internet Hosts, Country TLD) for Costa Rica
  Airport Statistics (Paved Runway Airports, Unpaved Runway Airports, Heliports) for Costa Rica
  Transport Statistics (Railways, Roadways, Waterways, Ports and Terminals, Airports, Merchant Marine) for Costa Rica
  Military Statistics (Military Expenditure, Military Branches, Service Age and Obligation, Manpower Available and Fit for Military Service) for Costa Rica
  Disputes, Refugees, Human Trafficking and Illicit Drug Production for Costa Rica
* Source: CIA
Internet Indicators for Costa Rica
Indicators
  Number of Internet Users for Costa Rica
  Internet Penetration Rate for Costa Rica
  Number of Facebook Accounts for Costa Rica
  Facebook Penetration Rate for Costa Rica
* Source: IWS
Economic Freedom Indicators for Costa Rica
Indicators
  Economic Freedom World Rank for Costa Rica
  Government Spending for Costa Rica
  Monetary Freedom for Costa Rica
  Investment Freedom for Costa Rica
  Financial Freedom for Costa Rica
  Property Rights for Costa Rica
  Economic Freedom Regional Ranking for Costa Rica
  Freedom from Corruption for Costa Rica
  Labor Freedom for Costa Rica
  Tariff Rate for Costa Rica
  Income Tax Rate for Costa Rica
  Corporate Tax Rate for Costa Rica
  Tax Burden % of GDP for Costa Rica
  Government Expenditure % of GDP for Costa Rica
  Business Freedom for Costa Rica
  Trade Freedom for Costa Rica
  Fiscal Freedom for Costa Rica
  2016 Score for Costa Rica
* Source: HFO
Costa Rica Economic Indicators in other Years
  Costa Rica Economic Indicators for Year 2021 (Forecast)
  Costa Rica Economic Indicators for Year 2020 (Forecast)
  Costa Rica Economic Indicators for Year 2019 (Forecast)
  Costa Rica Economic Indicators for Year 2018 (Forecast)
  Costa Rica Economic Indicators for Year 2017 (Forecast)
  Costa Rica Economic Indicators for Year 2016 (Forecast)
Costa Rica Economic Indicators for Year 2015 (Current)
  Costa Rica Economic Indicators for Year 2014
  Costa Rica Economic Indicators for Year 2013
  Costa Rica Economic Indicators for Year 2012
  Costa Rica Economic Indicators for Year 2011
  Costa Rica Economic Indicators for Year 2010
  Costa Rica Economic Indicators for Year 2009
  Costa Rica Economic Indicators for Year 2008
  Costa Rica Economic Indicators for Year 2007
  Costa Rica Economic Indicators for Year 2006
  Costa Rica Economic Indicators for Year 2005
  Costa Rica Economic Indicators for Year 2004
  Costa Rica Economic Indicators for Year 2003
  Costa Rica Economic Indicators for Year 2002
  Costa Rica Economic Indicators for Year 2001
  Costa Rica Economic Indicators for Year 2000
  Costa Rica Economic Indicators for Year 1999
  Costa Rica Economic Indicators for Year 1998
  Costa Rica Economic Indicators for Year 1997
  Costa Rica Economic Indicators for Year 1996
  Costa Rica Economic Indicators for Year 1995
  Costa Rica Economic Indicators for Year 1994
  Costa Rica Economic Indicators for Year 1993
  Costa Rica Economic Indicators for Year 1992
  Costa Rica Economic Indicators for Year 1991
  Costa Rica Economic Indicators for Year 1990
  Costa Rica Economic Indicators for Year 1989
  Costa Rica Economic Indicators for Year 1988
  Costa Rica Economic Indicators for Year 1987
  Costa Rica Economic Indicators for Year 1986
  Costa Rica Economic Indicators for Year 1985
  Costa Rica Economic Indicators for Year 1984
  Costa Rica Economic Indicators for Year 1983
  Costa Rica Economic Indicators for Year 1982
  Costa Rica Economic Indicators for Year 1981
  Costa Rica Economic Indicators for Year 1980


Data Sources: IMF, World Bank, UN, OECD, CIA World Factbook, Internet World Statistics, The Heritage Foundation and Transparency International