Markets Actual Q1 Q2 Q3 Q4 2020
Stock Market (points) 31901.40 32739 32747 28700 28700 27100
Currency 596.00 606 608 611 613 618
Overview Actual Q1 Q2 Q3 Q4 2020
GDP Growth Rate (%) 1.90 1.2 1 -0.3 1.3 1.3
GDP Annual Growth Rate (%) 1.80 3 2.8 2.7 3.1 3.2
Unemployment Rate (%) 10.20 9.3 8.7 9.4 9.2 9.3
Inflation Rate (%) 2.03 2.5 2.7 2.9 3.1 3
Interest Rate (%) 5.25 5.25 5.25 5.5 5.5 5.5
Balance of Trade (USD Million) -575.60 -456 -438 -428 -429 -430
Current Account to GDP (%) -3.00 -4.93 -4.54 -3.89 -3.89 -3.89
Government Debt to GDP (%) 65.10 70 70 70 70 70
Government Budget (% of GDP) -5.40 -6.4 -6.4 -6.4 -6.4 -6.3
Corporate Tax Rate (%) 30.00 30 30 30 30 30
Personal Income Tax Rate (%) 15.00 15 15 15 15 15
GDP Actual Q1 Q2 Q3 Q4 2020
GDP Growth Rate (%) 1.90 1.2 1 -0.3 1.3 1.3
GDP Annual Growth Rate (%) 1.80 3 2.8 2.7 3.1 3.2
GDP (USD Billion) 57.06 60 60 60 60 62
GDP Constant Prices (CRC Million) 6894825.47 7211671 7155648 6987906 7108565 7336039
Gross Fixed Capital Formation (CRC Million) 1254268.86 1226649 1321251 1320599 1343402 1386391
GDP per capita (USD) 9792.00 10500 10500 10500 10500 10700
GDP per capita PPP (USD) 15524.99 16300 16300 16300 16300 16770
GDP From Agriculture (CRC Million) 328234.42 368964 379914 332666 338410 349239
GDP From Construction (CRC Million) 294777.49 299795 335820 302736 303916 313641
GDP From Manufacturing (CRC Million) 789648.19 879264 820972 820567 834736 861448
GDP From Mining (CRC Million) 16563.83 19748 17259 17011 17077 17624
GDP From Public Administration (CRC Million) 276455.30 286349 287104 283920 285025 294146
GDP From Services (CRC Million) 649958.09 686801 682080 681743 693515 715708
GDP From Transport (CRC Million) 273136.86 275223 280070 279932 284766 293878
GDP From Utilities (CRC Million) 179497.64 174307 183117 183027 186187 192145
Labour Actual Q1 Q2 Q3 Q4 2020
Unemployment Rate (%) 10.20 9.3 8.7 9.4 9.2 9.3
Wages (CRC/Month) 630916.00 700000 636291 636291 688000 708000
Wages High Skilled (CRC/Month) 748700.00 775600 743257 736350 775600 790600
Wages Low Skilled (CRC/Month) 296600.00 326274 316368 316403 326274 340351
Living Wage Family (CRC/Month) 331800.00 365500 331800 331800 331800 375500
Prices Actual Q1 Q2 Q3 Q4 2020
Inflation Rate (%) 2.03 2.5 2.7 2.9 3.1 3
Consumer Price Index CPI (Index Points) 104.52 106 106 106 108 111
Producer Prices (Index Points) 115.88 114 114 114 114 115
Inflation Rate Mom (%) 0.21 -0.1 0.2 0.3 0.3 0.1
Food Inflation (%) 0.69 2.37 2.44 0.27 2.5 2.6
Cpi Housing Utilities (Index Points) 106.11 108 108 109 110 113
CPI Transportation (Index Points) 106.68 104 106 108 112 115
Money Actual Q1 Q2 Q3 Q4 2020
Interest Rate (%) 5.25 5.25 5.25 5.5 5.5 5.5
Deposit Interest Rate (%) 2.79 2.79 2.79 3.04 3.04 3.04
Trade Actual Q1 Q2 Q3 Q4 2020
Balance of Trade (USD Million) -575.60 -456 -438 -428 -429 -430
Current Account to GDP (%) -3.00 -4.93 -4.54 -3.89 -3.89 -3.89
External Debt (USD Million) 27965.30 30113 30552 31010 29000 29000
Remittances (USD Million) 111.48 120 100 115 115 125
Foreign Direct Investment (USD Million) 529.80 870 710 570 580 950
Government Actual Q1 Q2 Q3 Q4 2020
Government Debt to GDP (%) 65.10 70 70 70 70 70
Government Budget (% of GDP) -5.40 -6.4 -6.4 -6.4 -6.4 -6.3
Government Budget Value (CRC Million) -1759258.80 -941551 -979824 -945302 -949997 -953625
Government Spending (CRC Million) 1143830.50 1180851 1233146 1174714 1179289 1217027
Taxes Actual Q1 Q2 Q3 Q4 2020
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 (%) 35.67 35.67 35.67 35.67 35.67 35.67
Social Security Rate For Companies (%) 26.33 26.33 26.33 26.33 26.33 26.33
Social Security Rate For Employees (%) 9.34 9.34 9.34 9.34 9.34 9.34
Business Actual Q1 Q2 Q3 Q4 2020
Industrial Production (%) 2.50 2.3 2.2 2.1 2.1 2.4
Manufacturing Production (%) 1.80 1.4 1.2 1.3 1.3 1.5
Leading Economic Index (%) 1.50 3.5 3.7 3.7 3.5 3.6
Industrial Production Mom (%) -1.90 1 -0.2 -1.4 0.4 0.6
Mining Production (%) -0.60 -0.8 0.4 0.6 -0.7 1.2
Consumer Actual Q1 Q2 Q3 Q4 2020
Consumer Spending (CRC Million) 4682785.00 4766925 4812506 4810133 4893189 5049771
Gasoline Prices (USD/Liter) 1.04 0.98 0.96 0.93 0.91 0.91
Housing Actual Q1 Q2 Q3 Q4 2020
Construction Output (%) 11.60 11.8 12.4 14 10 8


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.