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3.9%
- 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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The Economic Commission for Latin America and the Caribbean (ECLAC) estimates that the Costa Rican economy will record annual growth of 3.3% in 2022. This lower rate reflects the dissipation of the base effect observed in 2021, the slowdown in external demand amid greater uncertainty caused by the
Jul 3, 2024 · As one of the success stories of the last decades, the Central American country started an integration process to the global economy, by 2022, Costa Rica main exports ranged from medical...
The OECD Economic Outlook, Volume 2022 Issue 2 highlights the unusually imbalanced and fragile outlook, the significant downside risks associated with energy market developments and rising financial vulnerabilities as interest rates are raised, and the associated policy challenges.
Nov 1, 2022 · Costa Rica's economy is expected to grow 4.3% in 2022, its central bank said on Monday, an upgrade to an earlier projection from boosts expected in tourism and business services.
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
Costa Rica recovered well from the pandemic-induced recession. Sustained and resilient export performance continues to support growth, while consumption is hindered by high inflation and unemployment.
Nov 22, 2022 · Exports have been driving growth amid high inflation Domestic demand softened in the first three quarters of 2022, despite buoyant ICT activity, as high inflation and monetary policy tightening...
