Costa Rica GDP Growth Rate

The Gross Domestic Product (GDP) in Costa Rica expanded 1 percent in the second quarter of 2018 over the previous quarter. GDP Growth Rate in Costa Rica averaged 1.09 percent from 1991 until 2018, reaching an all time high of 4.20 percent in the third quarter of 1992 and a record low of -2.70 percent in the first quarter of 2009.

GDP Growth Rate in Costa Rica is expected to be 0.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Growth Rate in Costa Rica to stand at -0.30 in 12 months time. In the long-term, the Costa Rica GDP Growth Rate is projected to trend around 1.30 percent in 2020, according to our econometric models.

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Calendar	GMT		Actual	Previous	TEForecast
2014-03-31	11:00 PM	GDP Growth Rate QoQ	0.55%	2.23%(R)	1.48%
2014-07-01	12:00 AM	GDP Growth Rate QoQ	0.13%	0.55%	1.75%
2015-04-01	12:00 AM	GDP Growth Rate QoQ	-0.8%	1.58%(R)	0.29%
2015-07-01	02:00 AM	GDP Growth Rate QoQ	0.19%	-0.8%	-0.1%

Costa Rica GDP	Last	Previous	Highest	Lowest	Unit
GDP Growth Rate	1.00	0.70	4.20	-2.70	percent	[+]
GDP Annual Growth Rate	3.60	2.80	13.30	-2.50	percent	[+]
GDP	57.06	56.99	57.06	0.48	USD Billion	[+]
GDP Constant Prices	7051447.89	7130637.42	7130637.42	2143041.17	CRC Million	[+]
Gross Fixed Capital Formation	1303008.79	1208521.09	1489384.58	302185.96	CRC Million	[+]
GDP per capita	9792.00	9583.86	9792.00	2729.16	USD	[+]
GDP per capita PPP	15524.99	15195.00	15524.99	7787.09	USD	[+]
GDP From Agriculture	371006.54	363510.98	371006.54	144743.90	CRC Million	[+]
GDP From Construction	332729.17	293406.86	344855.92	79644.29	CRC Million	[+]
GDP From Manufacturing	809637.37	866269.56	866269.56	406975.96	CRC Million	[+]
GDP From Mining	16450.38	19156.01	31691.53	11231.40	CRC Million	[+]
GDP From Public Administration	279586.16	278428.78	279586.16	181830.07	CRC Million	[+]
GDP From Services	672662.52	676650.76	722030.49	288421.47	CRC Million	[+]
GDP From Transport	276203.54	271155.20	276203.54	119697.14	CRC Million	[+]
GDP From Utilities	180589.19	171731.17	180589.19	56824.44	CRC Million	[+]

Costa Rica is an upper middle-income country with a service based economy where commerce, tourism and services account for more than 60 percent of GDP. However, in recent years, the country has been diversifying its industrial base and it has become an important producer of electronic components and medical equipment, mostly due to rise in foreign direct investment. This page provides the latest reported value for - Costa Rica GDP Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Costa Rica GDP Growth Rate - actual data, historical chart and calendar of releases - was last updated on December of 2018.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	1.00	0.70	4.20	-2.70	1991 - 2018	percent	Quarterly	SA

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Country	Last		Previous	Range
United States	3.50	Sep/18	4.2	16.7 : -10	%
Indonesia	3.09	Sep/18	4.21	4.21 : -3.57	%
Singapore	3.00	Sep/18	1.2	36.6 : -13.5	%
South Africa	2.20	Sep/18	-0.4	7.6 : -6.1	%
India	1.90	Jun/18	2	5.4 : -1.7	%
China	1.60	Sep/18	1.7	2.4 : 1.4	%
Russia	0.90	Jun/18	0.4	4.1 : -5.4	%
Brazil	0.80	Sep/18	0.2	3.9 : -3.9	%
Mexico	0.80	Sep/18	-0.1	3.2 : -5.7	%
South Korea	0.60	Sep/18	0.6	7.8 : -7	%
Spain	0.60	Sep/18	0.6	1.6 : -1.6	%
United Kingdom	0.60	Sep/18	0.4	5 : -2.7	%
Canada	0.50	Sep/18	0.7	3.1 : -2.3	%
France	0.40	Sep/18	0.2	8 : -5.3	%
Australia	0.30	Sep/18	0.9	4.4 : -2	%
Euro Area	0.20	Sep/18	0.4	1.3 : -3	%
Netherlands	0.20	Sep/18	0.7	1.7 : -3.6	%
Saudi Arabia	-0.05	Mar/18	0.05	8.5 : -2.1	%
Italy	-0.10	Sep/18	0.2	6 : -2.8	%
Germany	-0.20	Sep/18	0.5	4 : -4.5	%
Switzerland	-0.20	Sep/18	0.7	2.4 : -1.9	%
Japan	-0.60	Sep/18	0.7	3.2 : -4.8	%
Turkey	-1.10	Sep/18	0.6	5.6 : -5.2	%
Argentina	-4.00	Jun/18	0.7	5 : -5.7	%