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.