Markets Actual Q4 Q1 Q2 Q3 2022
Stock Market (points) 11894.54 25500 25500 5726 5006 3564
Currency 636.60 631 633 635 637 641

Overview Actual Q4 Q1 Q2 Q3 2022
GDP Growth Rate (%) 0.50 0.7 0.5 0.6 0.6 0.5
GDP Annual Growth Rate (%) 7.90 5 2.4 2.8 2 3.2
Unemployment Rate (%) 15.30 15 15.1 15.1 15.1 13.8
Inflation Rate (%) 3.35 3.6 2.8 1.4 1.2 1
Interest Rate (%) 0.75 0.75 1.25 1.5 1.75 1.75
Balance of Trade (USD Million) -345.00 -430 -370 -370 -370 -390
Current Account (USD Million) -778.70 -795 -249 -465 -465 -603
Current Account to GDP (% of GDP) -2.40 -2.6 -2.7 -2.7 -2.7 -2.7
Government Debt to GDP (% of GDP) 79.26 76.3 75 75 75 75
Government Budget (% of GDP) -7.40 -8 -7 -7 -7 -7
Personal Income Tax Rate (%) 25.00 15 15 15 15 15
Corporate Tax Rate (%) 30.00 30 30 30 30 30

GDP Actual Q4 Q1 Q2 Q3 2022
GDP Growth Rate (%) 0.50 0.7 0.5 0.6 0.6 0.5
GDP Annual Growth Rate (%) 7.90 5 2.4 2.8 2 3.2
GDP (USD Billion) 61.52 60 60 60 60 61.5
GDP Constant Prices (CRC Million) 9002572.73 7743895 9011118 9254645 9182624 9380102
Gross Fixed Capital Formation (CRC Million) 1395115.20 1430507 1428598 1434178 1423018 1552706
GDP per capita (USD) 11969.77 9750 9900 9900 9900 9900
GDP per capita PPP (USD) 19679.29 19750 19850 19850 19850 19850
GDP From Agriculture (CRC Million) 426593.69 378907 414392 438538 435126 437687
GDP From Construction (CRC Million) 357041.71 345977 337641 367039 364183 358238
GDP From Manufacturing (CRC Million) 1239898.81 917876 1180152 1274616 1264697 1233309
GDP From Mining (CRC Million) 26725.55 21268 25171 27474 27260 25641
GDP From Public Administration (CRC Million) 366480.53 301633 377898 376742 373810 400247
GDP From Services (CRC Million) 779857.72 744519 803359 801694 795455 802516
GDP From Transport (CRC Million) 353034.05 300783 318688 362919 360095 320817
GDP From Utilities (CRC Million) 233607.33 194937 226375 240148 238279 233840

Labour Actual Q4 Q1 Q2 Q3 2022
Unemployment Rate (%) 15.30 15 15.1 15.1 15.1 13.8
Unemployed Persons 378130.00 280000 280000 280000 280000 280000
Minimum Wages (points) 5399.18 5600 5600 5600 5600 5600
Population (Million) 5.16 5.15 5.15 5.15 5.15 5.2
Labor Force Participation Rate (%) 59.50 62.9 62.9 62.9 62.9 62.7
Wages (CRC/Month) 723244.00 708000 708000 708000 708000 708000

Prices Actual Q4 Q1 Q2 Q3 2022
Inflation Rate (%) 3.35 3.6 2.8 1.4 1.2 1
Consumer Price Index CPI (points) 101.96 104 103 102 103 105
Producer Prices (points) 131.84 132 133 134 134 135
Core Inflation Rate (%) 1.49 2 2.2 2.4 2.1 1.8
CPI Housing Utilities (points) 98.84 104 102 101 100 105
CPI Transportation (points) 111.66 112 112 112 112 112
Food Inflation (%) 2.70 1.5 1.5 1.5 1.5 1.5
Inflation Expectations (%) 1.12 3.3 3.3 3.3 3.3 3.5
Inflation Rate Mom (%) 0.82 0.1 0.1 0.1 0.2 0.2

Money Actual Q4 Q1 Q2 Q3 2022
Interest Rate (%) 0.75 0.75 1.25 1.5 1.75 1.75
Deposit Interest Rate (%) 2.58 2.58 3.08 3.33 3.58 3.58

Trade Actual Q4 Q1 Q2 Q3 2022
Balance of Trade (USD Million) -345.00 -430 -370 -370 -370 -390
Current Account (USD Million) -778.70 -795 -249 -465 -465 -603
Current Account to GDP (% of GDP) -2.40 -2.6 -2.7 -2.7 -2.7 -2.7
Exports (USD Million) 1188.64 900 900 900 900 900
Imports (USD Million) 1526.73 1270 1270 1270 1270 1290
External Debt (USD Million) 32333.50 29000 29000 29000 29000 29000
Capital Flows (USD Million) -376.62 -425 -425 -425 -425 -642
Foreign Direct Investment (USD Million) 648.00 490 490 490 490 650

Government Actual Q4 Q1 Q2 Q3 2022
Government Debt to GDP (% of GDP) 79.26 76.3 75 75 75 75
Government Budget (% of GDP) -7.40 -8 -7 -7 -7 -7
Government Budget Value (CRC Million) -1486771.58 -953287 -953287 -953287 -953287 -953287
Government Spending (CRC Million) 1451763.89 1221292 1607114 1492413 1480799 1661533

Taxes Actual Q4 Q1 Q2 Q3 2022
Personal Income Tax Rate (%) 25.00 15 15 15 15 15
Corporate Tax Rate (%) 30.00 30 30 30 30 30
Sales Tax Rate (%) 9.00 13 13 13 13 13
Social Security Rate (%) 37.00 36.67 36.67 36.67 36.67 36.67
Social Security Rate For Companies (%) 26.50 26.33 26.33 26.33 26.33 26.33
Social Security Rate For Employees (%) 10.50 10.34 10.34 10.34 10.34 10.34

Business Actual Q4 Q1 Q2 Q3 2022
Industrial Production (%) 7.90 3 3 3 3 2.9
Manufacturing Production (%) 16.60 3.3 3.3 3.3 3.3 3.1
Leading Economic Index (%) 13.14 3.5 3.5 3.5 3.5 3.4
Industrial Production Mom (%) -0.30 0.8 0.8 0.8 0.8 0.7
Mining Production (%) 9.00 6 6 6 6 3.5

Consumer Actual Q4 Q1 Q2 Q3 2022
Consumer Spending (CRC Million) 5633326.70 5179060 5704828 5791060 5745993 5953674
Gasoline Prices (USD/Liter) 1.13 1.07 1.02 0.97 0.92 0.87

Housing Actual Q4 Q1 Q2 Q3 2022
Construction Output (%) 17.60 -1 -1 -1 -1 -1


Trading Economics provides data for 20 million economic indicators from 196 countries including actual values, consensus figures, forecasts, historical time series and news. Costa Rica Forecast - was last updated on Thursday, December 9, 2021.