Economic Trivia

Has one of the highest levels of foreign direct investment per capita in Latin America.

Trade Source: United Nations Comtrade
Note: Top 3 trade partners are calculated by imports + exports.

Top 3 Trade Partners (2021): United States, China, and Mexico
Top 3 Exported Goods (2021): Precision Instruments, Fruit & Nuts, and Prepared Foods

Top Industries Source: CIA World Factbook

Microprocessors; Food Processing; Medical Equipment; Textiles and Clothing

Gross Domestic Product (GDP) [1]

GDP, PPP (current international) $129,120,035,924 (2022)
GDP Growth Rate (annual %) 4.305% (2022)
GDP Per Capita, PPP (current international) $24,923 (2022)
Click on a row to display its 5-year graph on the right.

GDP Country Rank 88/197 (2022)

GDP Composition %

Note: GDP composition percentage may exceed 100. Manufacturing is included in the Industry figures and is also reported separately because it plays a critical role in many economies.

Economic Indicators [1]

Inflation, consumer prices (annual %) 8.275% (2022)
External debt stocks, total (DOD, current US$) $33,787,823,209 (2021)
Total tax rate (% of commercial profits) 58.3% (2019)
Real Interest Rate (5 year average %) 1.509% (2022)
Manufacturing, value added (% of GDP) 14.335% (2022)
Current Account Balance (BoP, current US$) ($2,706,053,460) (2022)
Click on a row to display its 5-year graph on the right.

Labor and Employment [1]

Labor Force, Total 2,538,299 (2022)
Employment in Agriculture (% of total employment) 17.139% (2021)
Employment in Industry (% of total employment) 17.186% (2021)
Employment in Services (% of total employment) 65.675% (2021)
Unemployment Rate 11.453% (2022)
Click on a row to display its 5-year graph on the right.

Trade [1]

Imports of goods and services (current US$) $26,571,720,606 (2022)
Exports of goods and services (current US$) $28,146,610,854 (2022)
Total Merchandise Trade (% of GDP) 68.382% (2022)
FDI, net inflows (BoP, current US$) $3,560,958,051 (2022)
Commercial Service Exports (current US$) $11,748,809,942 (2022)
Click on a row to display its 5-year graph on the right.

Economic Snapshot [1]

Note: Percentile ranks are calculated using the latest available data for all countries within the last 5 years.

How to interpret the graph: The purpose of this graph is to take a snapshot of a country’s economy in comparison to other economies. For example, Costa Rica’s Exports rank is higher than (please wait...) of the countries in the dataset. For Exports, FDI and GDP measures, a higher rank (closer to 100%) indicates a stronger economy. Conversely, for Unemployment and Inflation, a lower rank (closer to 0%) indicates a stronger economy.

Due to unavailable data the following indicators have been omitted:
  • Exports
  • FDI, net inflows
  • GDP Growth Rate
  • GDP Per Capita
  • Inflation
  • Unemployment

Sources

  1. The World Bank