Costa Rica recorded a government debt equivalent to 77.47 percent of the country's Gross Domestic Product in 2019.

Government Debt to GDP in Costa Rica averaged 55.72 percent from 1991 until 2019, reaching an all time high of 77.47 percent in 2019 and a record low of 37.08 percent in 2008. This page provides - Costa Rica Government Debt To Gdp - actual values, historical data, forecast, chart, statistics, economic calendar and news. Costa Rica Government Debt to GDP - values, historical data and charts - was last updated on August of 2020.

Government Debt to GDP in Costa Rica is expected to reach 87.00 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Costa Rica Government Debt to GDP is projected to trend around 88.00 percent in 2021 and 89.00 percent in 2022, according to our econometric models.

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Costa Rica Government Debt to GDP

Actual Previous Highest Lowest Dates Unit Frequency
77.47 65.79 77.47 37.08 1991 - 2019 percent Yearly

Costa Rica Government Last Previous Highest Lowest Unit
Government Debt to GDP 77.47 65.79 77.47 37.08 percent [+]
Government Budget -5.70 -4.70 0.60 -5.70 percent of GDP [+]
Government Budget Value -1049419.08 -786352.27 166539.98 -2524255.17 CRC Million [+]
Government Spending 1190126.40 1197611.90 1208747.00 579530.90 CRC Million [+]
Government Revenues 1998855.88 1672912.67 5356148.41 117111.90 CRC Million [+]
Fiscal Expenditure 3048274.96 2459264.94 7880403.58 165441.00 CRC Million [+]
Credit Rating 31.00 [+]


Costa Rica Government Debt to GDP
Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields.