Costa Rica GDP Growth Slows to 3.9% in Q1 2025

2025-05-09 04:15 By Erika Ordonez 1 min. read

Costa Rica’s GDP grew by 3.9% year-on-year in the first quarter of 2025, slowing from a 4.3% expansion in the preceding quarter.

Growth accelerated in education and human health and social care (2.3% vs 2.0% in Q4 2024) and wholesale & retail trade (2.8% vs. 2.7%), while it rebounded for electricity, water & sanitation services (1.4% vs -2.4%).

Conversely, production moderated in manufacturing (5.8% vs 6.3%), construction (2.8% vs 4.4%), transport and storage (5.4% vs 7.2%), accommodation and food services activities (0.1% vs 1.4%), information and communications (4.2% vs 5.5%), real estate (2.6% vs 3.4%), and financial and insurance activities (5.7% vs 5.8%).

Meanwhile, the mining and quarrying sector contracted (-2.3% vs. 0.5%).

On a seasonally adjusted quarterly basis, the economy grew by 0.2%, easing from 1.6% in the previous period.



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