The Gross Domestic Product (GDP) in Costa Rica expanded 1.90 percent in the third quarter of 2018 over the previous quarter. GDP Growth Rate in Costa Rica averaged 4.33 percent from 1991 until 2018, reaching an all time high of 12.80 percent in the third quarter of 1992 and a record low of -3 percent in the first quarter of 2009.

GDP Growth Rate in Costa Rica is expected to be 1.20 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 1.30 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.

Costa Rica GDP Growth Rate
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Costa Rica GDP Last Previous Highest Lowest Unit
GDP Growth Rate 1.80 1.40 12.80 -3.00 percent [+]
GDP Annual Growth Rate 1.80 1.90 10.20 -2.40 percent [+]
GDP 60.13 58.17 60.13 0.48 USD Billion [+]
GDP Constant Prices 7180489.00 7132877.00 7180489.00 2183739.00 CRC Million [+]
Gross Fixed Capital Formation 1303919.10 1303671.00 1369578.20 315448.20 CRC Million [+]
GDP per capita 9892.64 9732.27 9892.64 2857.54 USD [+]
GDP per capita PPP 15684.57 15430.31 15684.57 7715.47 USD [+]
GDP From Agriculture 346044.00 346308.20 349023.50 155258.70 CRC Million [+]
GDP From Construction 319196.30 315510.50 326456.70 83909.10 CRC Million [+]
GDP From Manufacturing 845377.40 842896.90 845377.40 432979.90 CRC Million [+]
GDP From Mining 19252.39 19419.88 23305.61 12577.48 CRC Million [+]
GDP From Public Administration 279296.40 277893.10 279296.40 182040.30 CRC Million [+]
GDP From Services 680751.30 682745.90 684628.80 283512.80 CRC Million [+]
GDP From Transport 279227.50 277022.90 279227.50 120104.70 CRC Million [+]
GDP From Utilities 181830.00 179783.50 181830.00 57621.20 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. 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 July of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
1.80 1.40 12.80 -3.00 1991 - 2019 percent Quarterly
SA




Country Last Previous
United States 3.10 Mar/19
China 1.60 Jun/19
India 1.60 Dec/18
Turkey 1.30 Mar/19
Saudi Arabia 1.07 Dec/18
Spain 0.70 Mar/19
Japan 0.60 Mar/19
Switzerland 0.60 Mar/19
Netherlands 0.50 Mar/19
United Kingdom 0.50 Mar/19
Australia 0.40 Mar/19
Euro Area 0.40 Mar/19
Germany 0.40 Mar/19
France 0.30 Mar/19
Canada 0.10 Mar/19
Italy 0.10 Mar/19
Argentina -0.20 Mar/19
Brazil -0.20 Mar/19
Mexico -0.20 Mar/19
Russia -0.40 Mar/19
South Korea -0.40 Mar/19
Indonesia -0.52 Mar/19
South Africa -3.20 Mar/19
Singapore -3.40 Jun/19


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