Costa Rica Current Account Gap Widens in Q1

Costa Rica’s current account deficit shrank to USD 69.9 million in Q3 2025, down sharply from a USD 178.0 million shortfall in the same period last year. The goods account deficit shrank to USD 157.6 million from USD 466.1 million, while the primary account deficit widened to USD 1,971.2 million from USD 1,922.7 million. The services account surplus slipped to USD 1,911.8 million from USD 2,080.4 million, whereas the secondary account surplus rose to USD 147.2 million from USD 130.4 million, reflecting mixed trends across different components of the current account.

Costa Rica’s current account deficit shrank to USD 115.4 million in Q2 2025, down sharply from a USD 440 million shortfall in the same period last year. The goods account deficit shrank to USD 87.2 million from USD 657 million, while the primary account deficit widened to USD 2,358.6 million from USD 2,171.2 million. The services account surplus slipped to USD 2,176.8 million from USD 2,262.8 million, whereas the secondary account surplus rose to USD 153.5 million from USD 125.4 million, reflecting mixed trends across different components of the current account.

Costa Rica’s current account deficit widened to USD 221.8 million in the March quarter of 2025, up from USD 91.3 million in the same period last year. The primary account deficit grew to USD 2,507 million from USD 2,011 million, while the goods account gap narrowed to USD 576 million from USD 843 million. Meanwhile, the services account surplus declined to USD 2,659 million from USD 2,571 million, and the secondary account surplus marginally shrank to USD 376 million from USD 381 million.