The Gross Domestic Product (GDP) in Costa Rica expanded 2.20 percent in the third quarter of 2019 over the previous quarter. GDP Growth Rate in Costa Rica averaged 4.26 percent from 1991 until 2019, reaching an all time high of 12.80 percent in the third quarter of 1992 and a record low of -3 percent in the first quarter of 2009. source: Central Bank Of Costa Rica
GDP Growth Rate in Costa Rica is expected to be 1.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Growth Rate in Costa Rica to stand at 1.30 in 12 months time. In the long-term, the Costa Rica GDP Growth Rate is projected to trend around 1.30 percent in 2020, according to our econometric models.