Markets Actual Q2 Q3 Q4 Q1 2020
Stock Market (points) 10080.54 32747 28700 28700 28700 27100
Currency 592.00 601 603 606 608 614
Overview Actual Q2 Q3 Q4 Q1 2020
GDP Growth Rate (%) 1.90 1 -0.3 1.3 1 1.3
GDP Annual Growth Rate (%) 1.90 2 2.5 2.3 2.5 2.9
Unemployment Rate (%) 12.00 8.7 9.4 9.2 9.2 9.3
Inflation Rate (%) 1.42 2.7 2.9 3.1 3.1 3
Interest Rate (%) 5.00 5 5 5 5.25 5.25
Balance of Trade (USD Million) -280.60 -438 -428 -429 -429 -430
Current Account to GDP (%) -3.10 -3.5 -3.5 -3.5 -3.7 -3.7
Government Debt to GDP (%) 69.60 70 70 70 68 68
Government Budget (% of GDP) -5.40 -6.4 -6.4 -6.4 -6.3 -6.3
Corporate Tax Rate (%) 30.00 30 30 30 30 30
Personal Income Tax Rate (%) 15.00 15 15 15 15 15
GDP Actual Q2 Q3 Q4 Q1 2020
GDP Growth Rate (%) 1.90 1 -0.3 1.3 1 1.3
GDP Annual Growth Rate (%) 1.90 2 2.5 2.3 2.5 2.9
GDP (USD Billion) 57.06 60 60 60 62 62
GDP Constant Prices (CRC Million) 7128345.33 7160001 7192893 7292297 7306554 7503774
Gross Fixed Capital Formation (CRC Million) 1316798.70 1336745 1326216 1347085 1349719 1386151
GDP per capita (USD) 9792.00 10500 10500 10500 10700 10700
GDP per capita PPP (USD) 15524.99 16300 16300 16300 16770 16770
GDP From Agriculture (CRC Million) 348787.89 352968 353434 356810 357508 367158
GDP From Construction (CRC Million) 318476.28 328507 325902 325801 326438 335249
GDP From Manufacturing (CRC Million) 844915.75 845628 849915 864349 866039 889415
GDP From Mining (CRC Million) 19577.39 20764 20286 20028 20067 20608
GDP From Public Administration (CRC Million) 277656.59 280483 280931 284043 284598 292280
GDP From Services (CRC Million) 685338.79 691180 693522 701102 702472 721434
GDP From Transport (CRC Million) 276874.67 275941 278603 283243 283797 291457
GDP From Utilities (CRC Million) 179441.43 180454 181316 183569 183927 188892
Labour Actual Q2 Q3 Q4 Q1 2020
Unemployment Rate (%) 12.00 8.7 9.4 9.2 9.2 9.3
Wages (CRC/Month) 630916.00 636291 636291 688000 688000 708000
Wages High Skilled (CRC/Month) 748700.00 743257 736350 775600 775600 790600
Wages Low Skilled (CRC/Month) 296600.00 316368 316403 326274 326274 340351
Living Wage Family (CRC/Month) 331800.00 331800 331800 331800 331800 375500
Prices Actual Q2 Q3 Q4 Q1 2020
Inflation Rate (%) 1.42 2.7 2.9 3.1 3.1 3
Consumer Price Index CPI (Index Points) 104.51 106 106 108 108 111
Producer Prices (Index Points) 116.99 114 114 114 114 115
Inflation Rate Mom (%) -0.14 0.2 0.3 0.3 0.2 0.1
Food Inflation (%) -1.03 1 1.5 2 2.1 2.6
Cpi Housing Utilities (Index Points) 107.01 108 109 109 110 113
CPI Transportation (Index Points) 104.67 106 108 110 109 113
Money Actual Q2 Q3 Q4 Q1 2020
Interest Rate (%) 5.00 5 5 5 5.25 5.25
Deposit Interest Rate (%) 2.79 2.79 3.04 3.04 3.04 3.04
Trade Actual Q2 Q3 Q4 Q1 2020
Balance of Trade (USD Million) -280.60 -438 -428 -429 -429 -430
Current Account to GDP (%) -3.10 -3.5 -3.5 -3.5 -3.7 -3.7
External Debt (USD Million) 28655.40 30552 31010 29000 29000 29000
Foreign Direct Investment (USD Million) 458.20 710 570 580 580 950
Government Actual Q2 Q3 Q4 Q1 2020
Government Debt to GDP (%) 69.60 70 70 70 68 68
Government Budget (% of GDP) -5.40 -6.4 -6.4 -6.4 -6.3 -6.3
Government Spending (CRC Million) 1124213.40 1176100 1160379 1150070 1152319 1183422
Taxes Actual Q2 Q3 Q4 Q1 2020
Corporate Tax Rate (%) 30.00 30 30 30 30 30
Personal Income Tax Rate (%) 15.00 15 15 15 15 15
Sales Tax Rate (%) 13.00 13 13 13 13 13
Social Security Rate (%) 35.67 35.67 35.67 35.67 35.67 35.67
Social Security Rate For Companies (%) 26.33 26.33 26.33 26.33 26.33 26.33
Social Security Rate For Employees (%) 9.34 9.34 9.34 9.34 9.34 9.34
Business Actual Q2 Q3 Q4 Q1 2020
Industrial Production (%) 1.90 2.2 2.1 2.1 2.1 2.4
Manufacturing Production (%) 1.60 1.2 1.3 1.3 1.3 1.5
Leading Economic Index (%) 1.70 3.7 3.7 3.5 3.5 3.6
Industrial Production Mom (%) -0.30 -0.2 -1.4 0.4 0.4 0.6
Mining Production (%) -2.20 0.4 0.6 -0.7 -0.7 1.2
Consumer Actual Q2 Q3 Q4 Q1 2020
Consumer Spending (CRC Million) 4767384.90 4780716 4807578 4877035 4886570 5018469
Gasoline Prices (USD/Liter) 0.93 0.89 0.87 0.85 0.83 0.83
Housing Actual Q2 Q3 Q4 Q1 2020
Construction Output (%) 5.70 12.4 14 10 10 8


This page has economic forecasts for Costa Rica including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the Costa Rica economy.