Markets Actual Q3 Q4 Q1 Q2 2020
Stock Market (points) 9635.54 32747 28700 28700 28700 27100
Currency 566.00 570 572 575 578 583
Overview Actual Q3 Q4 Q1 Q2 2020
GDP Growth Rate (%) 1.80 -0.3 1.3 1 1 1.3
GDP Annual Growth Rate (%) 1.80 2.5 2.3 2.5 2.6 2.6
Unemployment Rate (%) 11.90 9.4 9.2 9.2 9.2 9.3
Inflation Rate (%) 2.89 2.9 3.1 3.1 2.8 3
Interest Rate (%) 4.00 3.75 3.5 3 3 3
Balance of Trade (USD Million) -423.40 -428 -429 -429 -429 -430
Current Account to GDP (%) -3.10 -3.5 -3.5 -3.7 -3.7 -3.7
Government Debt to GDP (%) 69.60 70 70 68 68 68
Government Budget (% of GDP) -5.90 -5.7 -5.7 -5 -5 -5
Corporate Tax Rate (%) 30.00 30 30 30 30 30
Personal Income Tax Rate (%) 15.00 15 15 15 15 15
GDP Actual Q3 Q4 Q1 Q2 2020
GDP Growth Rate (%) 1.80 -0.3 1.3 1 1 1.3
GDP Annual Growth Rate (%) 1.80 2.5 2.3 2.5 2.6 2.6
GDP (USD Billion) 60.13 60 60 62 62 62
GDP Constant Prices (CRC Million) 7180489.00 7275365 7296933 7360001 7367182 7486653
Gross Fixed Capital Formation (CRC Million) 1303919.10 1339237 1333655 1336517 1337821 1368330
GDP per capita (USD) 9892.64 10500 10500 10700 10700 10700
GDP per capita PPP (USD) 15684.57 16300 16300 16770 16770 16770
GDP From Agriculture (CRC Million) 346044.00 356189 354273 354695 355041 363484
GDP From Construction (CRC Million) 319196.30 327571 322767 327176 327495 331159
GDP From Manufacturing (CRC Million) 845377.40 859247 862284 866512 867357 884703
GDP From Mining (CRC Million) 19252.39 20463 19867 19734 19753 20383
GDP From Public Administration (CRC Million) 279296.40 283922 284285 286279 286558 291676
GDP From Services (CRC Million) 680751.30 700641 698449 697770 698451 716609
GDP From Transport (CRC Million) 279227.50 281668 283394 286208 286487 290763
GDP From Utilities (CRC Million) 181830.00 183305 183919 186376 186558 188700
Labour Actual Q3 Q4 Q1 Q2 2020
Unemployment Rate (%) 11.90 9.4 9.2 9.2 9.2 9.3
Wages (CRC/Month) 663008.00 636291 688000 688000 688000 708000
Wages High Skilled (CRC/Month) 748700.00 743257 775600 775600 775600 790600
Wages Low Skilled (CRC/Month) 296600.00 316368 326274 326274 326274 340351
Living Wage Family (CRC/Month) 331800.00 331800 331800 331800 331800 375500
Prices Actual Q3 Q4 Q1 Q2 2020
Inflation Rate (%) 2.89 2.9 3.1 3.1 2.8 3
Consumer Price Index CPI (Index Points) 106.30 106 108 108 108 111
Producer Prices (Index Points) 116.05 114 114 114 114 115
Inflation Rate Mom (%) 0.73 0.3 0.3 0.2 0.2 0.1
Food Inflation (%) 2.71 2.5 2 2.1 2.1 2.6
Cpi Housing Utilities (Index Points) 109.78 109 109 110 112 113
CPI Transportation (Index Points) 106.73 108 110 108 111 113
Money Actual Q3 Q4 Q1 Q2 2020
Interest Rate (%) 4.00 3.75 3.5 3 3 3
Deposit Interest Rate (%) 4.02 3.77 3.52 3.02 3.02 3.02
Trade Actual Q3 Q4 Q1 Q2 2020
Balance of Trade (USD Million) -423.40 -428 -429 -429 -429 -430
Current Account to GDP (%) -3.10 -3.5 -3.5 -3.7 -3.7 -3.7
External Debt (USD Million) 29194.80 29065 29350 29925 29954 30113
Foreign Direct Investment (USD Million) 383.70 250 580 420 280 650
Government Actual Q3 Q4 Q1 Q2 2020
Government Debt to GDP (%) 69.60 70 70 68 68 68
Government Budget (% of GDP) -5.90 -5.7 -5.7 -5 -5 -5
Government Spending (CRC Million) 1180444.30 1175117 1161140 1209955 1211136 1191330
Taxes Actual Q3 Q4 Q1 Q2 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 (%) 36.67 36.67 36.67 36.67 36.67 36.67
Social Security Rate For Companies (%) 26.33 26.33 26.33 26.33 26.33 26.33
Social Security Rate For Employees (%) 10.34 10.34 10.34 10.34 10.34 10.34
Business Actual Q3 Q4 Q1 Q2 2020
Industrial Production (%) 1.30 2.1 2.1 2.1 2.1 2.4
Manufacturing Production (%) 2.40 1.3 1.3 1.3 1.3 1.5
Leading Economic Index (%) -0.40 3.7 3.5 3.5 3.5 3.6
Industrial Production Mom (%) -0.60 -1.4 0.4 0.4 0.4 0.6
Mining Production (%) -6.80 -2.3 -1 -0.7 0.3 1.2
Consumer Actual Q3 Q4 Q1 Q2 2020
Consumer Spending (CRC Million) 4791141.60 4862062 4877757 4910920 4915711 5004578
Gasoline Prices (USD/Liter) 1.11 1.08 1.05 1.03 1 1
Housing Actual Q3 Q4 Q1 Q2 2020
Construction Output (%) -14.20 14 10 10 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.