Country Risk Rating

B
Political and economic uncertainties and an occasionally difficult business environment can affect corporate payment behavior. Corporate default probability is appreciable. - Source: Coface
A1A2A3A4BCDEVery Low RiskAcceptable RiskVery High Risk

Business Climate Rating

A3
The business environment is relatively good. Although not always available, corporate financial information is usually reliable. Debt collection and the institutional framework may have some shortcomings. Intercompany transactions may run into occasional difficulties in the otherwise secure environments rated A3.
A1A2A3A4BCDEVery Low RiskAcceptable RiskVery High Risk

Strengths

  • Democratic institutions (since 1949)
  • Best social indicators in the region: education, health
  • Services and high-tech industries (pharmaceuticals, microprocessors) attractive for FDI
  • Diversified trade thanks to multiple trade agreements
  • Tourism resources: hotels, national parks

Weaknesses

  • Weak public accounts
  • Exposure to natural disasters
  • Insufficient transport infrastructure
  • Dependent on the United States in economic (FDI, exports) and financial (banks) terms

 

Current Trends

Source:

Coface (08/2022)
Costa Rica