Costa Rica recorded a Government Budget deficit equal to 5.70 percent of the country's Gross Domestic Product in 2019.
Government Budget in Costa Rica averaged -3.38 percent of GDP from 1991 until 2019, reaching an all time high of 0.60 percent of GDP in 2007 and a record low of -5.70 percent of GDP in 2019. This page provides - Costa Rica Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. Costa Rica Government Budget - values, historical data and charts - was last updated on October of 2020.
Government Budget in Costa Rica is expected to reach -8.50 percent of GDP by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Costa Rica Government Budget is projected to trend around -7.50 percent of GDP in 2021 and -6.30 percent of GDP in 2022, according to our econometric models.