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- GDP will grow by 3.9% in 2022 and 2.9% in 2023. Strong external demand will drive growth, with the tourism sector also gradually rebounding. Consumption will strengthen more gradually, supported by a progressive improvement in the labour market and accelerating vaccination.
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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.
Oct 7, 2024 · The World Bank In Costa Rica . Costa Rica is a development success story in many aspects. Considered an upper middle-income country, Costa Rica has experienced steady economic expansion over the past 25 years, but the COVID-19 pandemic, among other factors, challenges these achievements
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.
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.
Costa Rica. GDP will grow by 3.9% in 2022 and 2.9% in 2023. Strong external demand will drive growth, with the tourism sector also gradually rebounding. Consumption will strengthen more gradually, supported by a progressive improvement in the labour market and accelerating vaccination.
In 2021, Costa Rica’s gross domestic product (GDP) grew by 7.8% in real terms, after the 4.1% contraction recorded in 2020 during the coronavirus disease (COVID-19) pandemic. That growth rate was
In the first three quarters of 2022, the Costa Rican economy grew by an average of 5.6% year-on-year. The manufacturing, trade, and accommodation and food sectors posted the strongest growth figures. On the demand side, private consumption and exports remained very buoyant. Costa Rica: main economic indicators, 2020-2022