Markets Actual Q3 Q4 Q1 Q2 2021
Stock Market (points) 7430.90 7460 7346 7235 7125 6905
Currency 584.00 587 590 592 595 601

Overview Actual Q3 Q4 Q1 Q2 2021
GDP Growth Rate (%) -1.60 -1.4 1.5 1.7 1.3 1.8
GDP Annual Growth Rate (%) 0.80 -6 -5 0.6 2.5 2.5
Unemployment Rate (%) 12.50 12.8 13 12.5 12.3 12.1
Inflation Rate (%) 0.31 0.9 1.1 1.4 1.7 2.1
Interest Rate (%) 0.75 0.75 0.75 0.75 1 1.25
Balance of Trade (USD Million) -250.90 -315 -390 -380 -380 -370
Current Account to GDP (%) -2.50 -3.7 -3.7 -3.8 -3.8 -3.8
Government Debt to GDP (%) 77.47 87 87 88 88 88
Government Budget (% of GDP) -5.70 -7.4 -7.4 -6.5 -6.5 -6.1
Corporate Tax Rate (%) 30.00 30 30 30 30 30
Personal Income Tax Rate (%) 15.00 15 15 15 15 15

GDP Actual Q3 Q4 Q1 Q2 2021
GDP Growth Rate (%) -1.60 -1.4 1.5 1.7 1.3 1.8
GDP Annual Growth Rate (%) 0.80 -6 -5 0.6 2.5 2.5
GDP (USD Billion) 61.77 58.5 58.5 60 60 60
GDP Constant Prices (CRC Million) 7246270.05 7078870 6992274 7404450 7544296 7167081
Gross Fixed Capital Formation (CRC Million) 1233793.80 1209641 1196354 1266876 1290803 1226263
GDP per capita (USD) 10046.95 9510 9510 9850 9850 9850
GDP per capita PPP (USD) 19642.42 18900 18900 19200 19200 19200
GDP From Agriculture (CRC Million) 350220.05 334275 328216 347563 354127 336421
GDP From Construction (CRC Million) 271196.35 270865 271435 287435 292864 278221
GDP From Manufacturing (CRC Million) 881047.57 829950 817262 865437 881782 837693
GDP From Mining (CRC Million) 19274.68 18587 18218 19292 19656 18673
GDP From Public Administration (CRC Million) 280380.78 270548 265371 281014 286322 272006
GDP From Services (CRC Million) 663783.01 657621 646411 684515 697443 662571
GDP From Transport (CRC Million) 279021.64 271830 267920 283713 289072 274618
GDP From Utilities (CRC Million) 178282.49 172863 169073 179040 182421 173300

Labour Actual Q3 Q4 Q1 Q2 2021
Unemployment Rate (%) 12.50 12.8 13 12.5 12.3 12.1
Unemployed Persons 314153.00 282000 286000 286000 286000 280000
Minimum Wages (points) 5376.28 5400 5400 5400 5400 5600
Population (Million) 5.06 5.03 5.1 5.1 5.1 5.15
Labor Force Participation Rate (%) 63.40 63.3 63.3 63 63 62.9
Wages (CRC/Month) 652351.00 688000 708000 708000 708000 708000

Prices Actual Q3 Q4 Q1 Q2 2021
Inflation Rate (%) 0.31 0.9 1.1 1.4 1.7 2.1
Consumer Price Index CPI (points) 105.86 107 107 108 108 110
Producer Prices (points) 115.76 114 115 115 115 115
Inflation Expectations (%) 3.20 3.1 3.2 3.2 3.3 3.4
Inflation Rate Mom (%) -0.02 0.1 0.1 0.3 0.2 0.1
Food Inflation (%) -0.54 0.6 0.8 1 1.2 1.5
Cpi Housing Utilities (points) 111.27 111 111 113 113 113
CPI Transportation (points) 104.10 108 107 107 106 109

Money Actual Q3 Q4 Q1 Q2 2021
Interest Rate (%) 0.75 0.75 0.75 0.75 1 1.25
Deposit Interest Rate (%) 4.64 4.02 4.02 4.02 4.27 4.27

Trade Actual Q3 Q4 Q1 Q2 2021
Balance of Trade (USD Million) -250.90 -315 -390 -380 -380 -370
Current Account to GDP (%) -2.50 -3.7 -3.7 -3.8 -3.8 -3.8
Imports (USD Million) 1184.50 1215 1260 1450 1450 1270
Exports (USD Million) 933.60 900 870 1070 1070 900
External Debt (USD Million) 29364.20 29000 29000 29000 29000 29000
Capital Flows (USD Million) 831.95 600 250 -180 -380 -642
Foreign Direct Investment (USD Million) 502.40 400 530 650 590 650

Government Actual Q3 Q4 Q1 Q2 2021
Government Debt to GDP (%) 77.47 87 87 88 88 88
Government Budget (% of GDP) -5.70 -7.4 -7.4 -6.5 -6.5 -6.1
Government Budget Value (CRC Million) -1049419.08 -949997 -953625 -953625 -953625 -953287
Government Spending (CRC Million) 1190126.40 1172689 1161706 1230185 1253419 1190748

Taxes Actual Q3 Q4 Q1 Q2 2021
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 (%) 36.67 36.67 36.67 36.67 36.67 36.67
Social Security Rate For Companies (%) 26.33 26.33 26.33 26.33 26.33 26.33
Social Security Rate For Employees (%) 10.34 10.34 10.34 10.34 10.34 10.34

Business Actual Q3 Q4 Q1 Q2 2021
Industrial Production (%) -7.50 -0.5 1.3 2.3 2.6 2.7
Manufacturing Production (%) -7.40 -1.5 1.5 2.1 2.5 2.9
Leading Economic Index (%) -9.30 -0.5 1.3 1.8 2.7 3.6
Industrial Production Mom (%) -0.80 -0.1 0.1 0.3 0.5 0.8
Mining Production (%) -27.10 -8 -3 0.7 7.5 3.5

Consumer Actual Q3 Q4 Q1 Q2 2021
Consumer Spending (CRC Million) 4862470.00 4703754 4635659 4908919 5001632 4751550
Gasoline Prices (USD/Liter) 0.95 0.91 0.87 0.82 0.78 0.74

Housing Actual Q3 Q4 Q1 Q2 2021
Construction Output (%) -1.40 -14 -10 -7 -5 -1


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.