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Costa Rica's economy emerged from recession in 1997 and has shown strong aggregate growth since then. [ 6 ] [ 18 ] The estimated GDP for 2023 is US$90 billion, up significantly from the US$52.6 billion in 2015 [ 18 ] while the estimated 2024 per capita (purchasing power parity) is US$28,558.
Costa Rica is often praised as a small but open economy in the heart of Central America. The economic growth and its relative peacefulness have created a positive spotlight for foreign investment...
The country has achieved all this while also moving to strengthen its macroeconomic fundamentals with growth averaging over 3% over the last decade, reaching 5.1% in 2023, surpassing expectations. This has been anchored by an outward-oriented model that has successfully targeted foreign investment and promoted gradual trade liberalization.
The country Costa Rica has a GDP of $71 billion, making it the 77th most powerful economy globally and the 10th most influential in Latin America. Considering it has a relatively small population, this is a fairly impressive position.
Costa Rica's economy in numbers: Nominal GDP of USD 69.1 billion in 2022. GDP per capita of USD 13,214 compared to the global average of USD 10,589. Average real GDP growth of 3.3% over the last decade. Share of the region's population.
Latest news and information from the World Bank and its development work in Costa Rica. Access Costa Rica’s economy facts, statistics, project information, development research from experts and latest news.
Costa Rica’s social and economic progress has been remarkable. Over the last 30 years, growth has been steady and GDP per capita has tripled. A strong commitment towards trade openness has been key to attract foreign direct investment and move Costa Rica up in the global value chain.
Access the latest politics analysis and economic growth summary through 2011 for Costa Rica from The Economist Intelligence Unit.
GDP (current US$) - Costa Rica. World Bank national accounts data, and OECD National Accounts data files. License : CC BY-4.0. LineBarMap. Share Details.
The key tables by country statistical profiles include a wide range of indicators on economy, education, energy, environment, foreign aid, health, information and communication, labour, migration, R&D, trade and society. Historical data refer to the latest eight time periods.