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 (2016): United States, China, and Mexico
Top 3 Exported Goods (2016): 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) $83,936,486,033 (2017)
GDP Growth Rate (annual %) 3.28% (2017)
GDP Per Capita, PPP (current international) $17,110 (2017)
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GDP Country Rank 92/195 (2017)

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 %) 1.626% (2017)
External debt stocks, total (DOD, current US$) $25,614,749,361 (2017)
Total tax rate (% of commercial profits) 58.3% (2018)
Real Interest Rate (5 year average %) 9.185% (2017)
Manufacturing, value added (% of GDP) 11.796% (2017)
Current Account Balance (BoP, current US$) ($1,773,590,128) (2017)
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Labor and Employment [1]

Labor Force, Total 2,337,785 (2018)
Employment in Agriculture (% of total employment) 12.455% (2018)
Employment in Industry (% of total employment) 18.409% (2018)
Employment in Services (% of total employment) 69.135% (2018)
Unemployment Rate 8.128% (2018)
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Trade [1]

Imports of goods and services (current US$) $18,858,338,855 (2017)
Exports of goods and services (current US$) $19,101,998,331 (2017)
Total Merchandise Trade (% of GDP) 43.427% (2017)
FDI, net inflows (BoP, current US$) $2,856,006,597 (2017)
Commercial Service Exports (current US$) $8,672,630,834 (2017)
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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