Costa Rica recorded a Government Budget deficit equal to 5.40 percent of the country's Gross Domestic Product in 2017. Government Budget in Costa Rica averaged -3.24 percent of GDP from 1991 until 2017, reaching an all time high of 0.60 percent of GDP in 2007 and a record low of -5.50 percent of GDP in 1994.

Government Budget in Costa Rica is expected to be -6.00 percent of GDP by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Costa Rica Government Budget is projected to trend around -6.30 percent of GDP in 2020, according to our econometric models.

Costa Rica Government Budget
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Costa Rica Government Last Previous Highest Lowest Unit
Government Debt to GDP 65.10 62.00 69.66 38.04 percent [+]
Government Budget -5.40 -4.80 0.60 -5.50 percent of GDP [+]
Government Budget Value -1296692.50 -1153893.20 166539.98 -2021101.70 CRC Million [+]
Government Spending 1195549.89 1143269.35 1195549.89 581419.96 CRC Million [+]
Government Revenues 3009285.80 2698092.60 4742918.50 117111.90 CRC Million [+]
Fiscal Expenditure 4305978.30 3851985.80 6764020.20 165441.00 CRC Million [+]
Credit Rating 50.00 [+]


Costa Rica Government Budget

Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus. This page provides - Costa Rica Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. Costa Rica Government Budget - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
-5.40 -4.80 0.60 -5.50 1991 - 2017 percent of GDP Yearly




Country Last Previous
Argentina -3.90 Dec/17
Australia -1.90 Dec/17
Brazil -7.80 Dec/17
Canada -0.90 Dec/17
China -3.50 Dec/17
Euro Area -0.90 Dec/17
France -2.60 Dec/17
Germany 1.30 Dec/17
India -3.53 Dec/17
Indonesia -2.50 Dec/17
Italy -2.30 Dec/17
Japan -4.50 Dec/17
Mexico -2.90 Dec/17
Netherlands 1.10 Dec/17
Russia -1.50 Dec/17
Saudi Arabia -8.90 Dec/17
Singapore 0.30 Dec/17
South Africa -4.60 Dec/17
South Korea -2.00 Dec/17
Spain -3.10 Dec/17
Switzerland 1.20 Dec/17
Turkey -1.50 Dec/17
United Kingdom -2.30 Dec/17
United States -3.50 Dec/17


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