Costa Rica’s economy expanded 3.4% year-on-year in Q2 2026, slowing from 4% growth in the previous quarter and marking the weakest expansion since Q1 2021. Growth moderated across several sectors, with manufacturing output declining 0.8%, reversing a 2.6% increase in Q1, while agriculture and fishing growth slowed sharply to 0.5% from 2.3%. Further slowdowns were recorded in transport and storage (3.9% vs 4.7%), mining and quarrying (3.1% vs 3.5%), accommodation and food services (3.5% vs 3.8%), telecommunications and information services (3.4% vs 4.7%), real estate (3.1% vs 3.2%), administrative and support services (4.2% vs 4.8%), and education services (2.7% vs 3.1%). Meanwhile, growth strengthened in utilities (4% vs 3.5%) and construction (8.9% vs 7.7%). source: Central Bank of Costa Rica

The Gross Domestic Product (GDP) in Costa Rica expanded 3.40 percent in the second quarter of 2026 over the same quarter of the previous year. GDP Annual Growth Rate in Costa Rica averaged 4.32 percent from 1992 until 2026, reaching an all time high of 11.50 percent in the third quarter of 2021 and a record low of -6.90 percent in the second quarter of 2020. This page provides the latest reported value for - Costa Rica GDP Annual 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 Annual Growth Rate - data, historical chart, forecasts and calendar of releases - was last updated on August of 2026.

The Gross Domestic Product (GDP) in Costa Rica expanded 3.40 percent in the second quarter of 2026 over the same quarter of the previous year. GDP Annual Growth Rate in Costa Rica is expected to be 2.90 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Costa Rica GDP Annual Growth Rate is projected to trend around 4.00 percent in 2027 and 3.10 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-05-15 03:00 PM
GDP Growth Rate YoY
Q1 4.5% 4.7% 3.9%
2026-08-14 11:45 AM
GDP Growth Rate YoY
Q2 3.4% 4.0% 3.5%
2026-11-12 03:00 PM
GDP Growth Rate YoY
Q3 3.4% 2.9%


Related Last Previous Unit Reference
GDP Growth Rate YoY 3.40 4.00 percent Jun 2026
GDP Constant Prices 1349142464.00 13461095.63 CRC Million Jun 2026
GDP from Agriculture 480419.00 478522.00 CRC Million Jun 2026
GDP from Construction 525613.00 517843.00 CRC Million Jun 2026
GDP from Manufacturing 2051344.00 2077084.00 CRC Million Jun 2026
GDP from Mining 40837.00 40587.00 CRC Million Jun 2026
GDP from Public Administration 439390.00 436728.00 CRC Million Jun 2026
GDP from Services 1186312.00 1179012.00 CRC Million Jun 2026
GDP from Transport 621376.00 609004.00 CRC Million Jun 2026
GDP from Utilities 301341.00 295608.00 CRC Million Jun 2026
GDP Growth Rate 0.30 0.80 percent Mar 2026
Gross Fixed Capital Formation 2522930.00 2517567.00 CRC Million Jun 2026


Costa Rica GDP Annual Growth Rate
The biggest sector of Costa Rica’s economy is services, which accounts for 63 percent of GDP. Within services the most important segments are: transport, communication and warehousing (16 percent of GDP); trade, restaurants and hotels (15 percent) and community, personal and social services (9 percent). Manufacturing, mining and quarrying create 21 percent of the wealth. Agriculture, forestry and fishing contribute for 9 percent of the output and construction and water and electricity distribution for the remaining 7 percent.
Actual Previous Highest Lowest Dates Unit Frequency
3.40 4.00 11.50 -6.90 1992 - 2026 percent Quarterly
2022 Constant Prices, NSA

News Stream
Costa Rica GDP Growth Hits Lowest Level Since Q1 2021
Costa Rica’s economy expanded 3.4% year-on-year in Q2 2026, slowing from 4% growth in the previous quarter and marking the weakest expansion since Q1 2021. Growth moderated across several sectors, with manufacturing output declining 0.8%, reversing a 2.6% increase in Q1, while agriculture and fishing growth slowed sharply to 0.5% from 2.3%. Further slowdowns were recorded in transport and storage (3.9% vs 4.7%), mining and quarrying (3.1% vs 3.5%), accommodation and food services (3.5% vs 3.8%), telecommunications and information services (3.4% vs 4.7%), real estate (3.1% vs 3.2%), administrative and support services (4.2% vs 4.8%), and education services (2.7% vs 3.1%). Meanwhile, growth strengthened in utilities (4% vs 3.5%) and construction (8.9% vs 7.7%).
2026-08-14
Costa Rica Economy Growth Eases in Q1 2026
Costa Rica’s economy expanded 4.55% year-on-year in the first quarter of 2026, slowing slightly from 4.72% growth in the previous quarter. The strongest performances were recorded in financial and insurance activities, which grew 7.56%, followed by construction (6.44%), publishing, content production, telecommunications and information services (6.08%), and professional, scientific, technical, administrative and support service activities (5.70%).
2026-05-15
Costa Rica GDP Growth Eases Slightly in Q4
Costa Rica’s GDP expanded 4.59% year-on-year in Q4 2025, easing slightly from 4.84% in the previous quarter. Construction rebounded, rising 3.81% after a 0.57% decline in Q3. Growth also strengthened in trade (2.99% vs 2.78%), transport (7.34% vs 6.48%), restaurants and lodging (2.98% vs 1.90%), communications (4.74% vs 4.72%), real estate (4.34% vs 4.01%), and public administration (2.18% vs 2.15%). Manufacturing slowed but remained strong, increasing 10.72% after a 12.76% gain previously. Meanwhile, agriculture, forestry and fishing stayed in contraction (-0.63% vs -1.22%).
2026-02-11