Costa Rica GDP Growth Rate  1991-2018 | Data | Chart | Calendar | Forecast

The Gross Domestic Product (GDP) in Costa Rica expanded 4.40 percent in the second quarter of 2017 over the previous quarter. GDP Growth Rate in Costa Rica averaged 4.43 percent from 1991 until 2017, reaching an all time high of 13.30 percent in the third quarter of 1992 and a record low of -3.10 percent in the first quarter of 2009.

Costa Rica GDP Growth Rate
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Calendar GMT Actual Previous Consensus TEForecast
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 4.40 3.50 13.30 -3.10 percent [+]
GDP Annual Growth Rate 2.98 3.74 13.90 -3.10 percent [+]
GDP 57.44 54.84 57.44 0.48 USD Billion [+]
GDP Constant Prices 678680.40 680290.00 696428.36 211203.35 CRC Million [+]
Gross Fixed Capital Formation 122402.00 118459.60 139899.40 30032.50 CRC Million [+]
GDP per capita 9714.10 9406.80 9714.10 2729.15 USD [+]
GDP per capita PPP 15401.50 14914.20 15401.50 7787.08 USD [+]
Gdp From Agriculture 324275.74 352837.03 352837.03 140087.89 CRC Million [+]
Gdp From Construction 238553.35 275179.85 344743.20 80823.90 CRC Million [+]
Gdp From Manufacturing 796345.27 780607.73 859760.69 368387.80 CRC Million [+]
Gdp From Mining 16242.40 15680.30 31670.80 11224.80 CRC Million [+]
Gdp From Public Administration 274441.20 273840.80 274441.20 181830.10 CRC Million [+]
Gdp From Transport 277253.60 280788.03 280788.03 118282.80 CRC Million [+]
Gdp From Utilities 174529.40 176452.40 176452.40 56825.70 CRC Million [+]


Costa Rica GDP Growth Rate

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. Indeed, Costa Rica has one of the highest levels of foreign direct investment per capita in Latin America. Nevertheless, in order to keep a steady pace of growth and even attract higher levels of FDI, the country needs to reduce the level of bureaucracy and improve enforcement in the legal system. 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 January of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
4.40 3.50 13.30 -3.10 1991 - 2017 percent Quarterly




GDP growth rate by Country
Country Last
United States 3.20 Sep/17
Indonesia 3.18 Sep/17
China 1.60 Dec/17
South Korea 1.50 Sep/17
India 1.40 Jun/17
Turkey 1.20 Sep/17
Russia 1.08 Jun/17
Germany 0.80 Sep/17
Spain 0.80 Sep/17
Australia 0.60 Sep/17
Euro Area 0.60 Sep/17
France 0.60 Sep/17
Japan 0.60 Sep/17
Switzerland 0.60 Sep/17
Canada 0.40 Sep/17
Italy 0.40 Sep/17
Netherlands 0.40 Sep/17
United Kingdom 0.40 Sep/17
Brazil 0.10 Sep/17
Mexico -0.30 Sep/17


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