The economy of Costa Rica shrank 0.4 percent year-on-year in May 2019, after expanding a downwardly revised 1 percent in the previous month. It was the first contraction in economic activity since February 2013, as output declined in further in construction (-15.6 percent from -11.9 percent in April); agriculture, forestry & fishing (-8.8 percent from -7.6 percent) and trade (-1.4 percent from -0.5 percent) and mining (-9.3 percent from -4.9 percent). Also, growth slowed in manufacturing (0.8 percent from 4.7 percent); transportation & storage (2.1 percent from 2.7 percent); financial activities & insurance (2.3 percent from 5.1 percent); professional activities (2.7 percent from 3.6 percent); and information & communication (4.2 percent from 5.9 percent). Leading Economic Index in Costa Rica averaged 3.86 percent from 1992 until 2019, reaching an all time high of 14.80 percent in March of 1992 and a record low of -5.90 percent in February of 2009.

Leading Economic Index in Costa Rica is expected to be 3.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Leading Economic Index in Costa Rica to stand at 3.50 in 12 months time. In the long-term, the Costa Rica IMAE is projected to trend around 3.60 percent in 2020, according to our econometric models.

Costa Rica IMAE
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Costa Rica Business Last Previous Highest Lowest Unit
Industrial Production 1.30 1.40 9.40 -2.90 percent [+]
Manufacturing Production 2.40 2.30 10.20 -7.00 percent [+]
Changes in Inventories 105949.50 295683.30 295683.30 -315413.00 CRC Million [+]
Leading Economic Index -0.40 1.00 14.80 -5.90 percent [+]
Internet Speed 4091.66 3879.16 4091.66 695.74 KBps [+]
IP Addresses 531033.00 514721.00 536472.00 107033.00 IP [+]
Industrial Production Mom -0.60 0.00 5.80 -4.60 percent [+]
Mining Production -6.80 -5.40 26.00 -30.20 percent [+]
Competitiveness Index 62.14 61.72 62.14 4.05 Points [+]
Competitiveness Rank 55.00 54.00 68.00 51.00 [+]
Corruption Index 56.00 59.00 64.50 41.00 Points [+]
Corruption Rank 48.00 38.00 55.00 22.00 [+]
Ease of Doing Business 67.00 61.00 121.00 60.00 [+]


Costa Rica IMAE

The IMAE - Índice Mensual de Actividad Económica - estimates the activity of the different economic sectors in a given month, anticipating the future movements in GDP. This page provides the latest reported value for - Costa Rica Leading Economic Index YoY - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Costa Rica IMAE - actual data, historical chart and calendar of releases - was last updated on August of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-0.40 1.00 14.80 -5.90 1992 - 2019 percent Monthly
2012=100, NSA




Country Last Previous
Argentina -0.80 Jul/19
Australia 0.10 Jul/19
Brazil 0.30 Jun/19
Canada 0.20 May/19
Japan 93.30 Jun/19
Mexico -0.90 Jun/19
Russia 1.70 Jul/19
Singapore 108.10 Jun/19
South Africa -0.40 Jun/19
South Korea 114.50 Jun/19
Turkey 2.19 Jul/19
United Kingdom -0.20 Jun/19
United States 128.31 Jul/19


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