Construction output in Costa Rica decreased 11.50 percent in November of 2019 over the same month in the previous year. Construction Output in Costa Rica averaged 4.98 percent from 1992 until 2019, reaching an all time high of 34.20 percent in January of 1998 and a record low of -20.30 percent in April of 1996. source: Central Bank Of Costa Rica
Construction Output in Costa Rica is expected to be -0.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Construction Output in Costa Rica to stand at 8.00 in 12 months time. In the long-term, the Costa Rica Construction Output is projected to trend around 4.00 percent in 2020, according to our econometric models.