Markets Actual Q2 Q3 Q4 Q1 2023
Stock Market (points) 11894.92 25500 25500 5726 5006 3564
Currency 686.33 695 699 704 709 719

Overview Actual Q2 Q3 Q4 Q1 2023
GDP Growth Rate (%) -0.50 0.6 0.6 0.5 0.5 0.5
GDP Annual Growth Rate (%) 6.90 5.2 3.2 2.8 2.8 3.1
Unemployment Rate (%) 15.60 14.1 13.9 13.5 12.9 12.5
Inflation Rate (%) 8.71 8.77 9.06 8.17 6.71 4
Interest Rate (%) 4.00 4 4 5 5 5
Balance of Trade (USD Million) -266.50 -432 -536 -627 -392 -652
Current Account (USD Million) -1183.20 -423 -561 -949 -279 -963
Current Account to GDP (% of GDP) -2.40 -2.7 -2.7 -2.7 -2.7 -3
Government Debt to GDP (% of GDP) 79.26 75 75 75 75 73
Government Budget (% of GDP) -7.40 -7 -7 -7 -7 -6.5
Personal Income Tax Rate (%) 25.00 15 15 15 15 15
Corporate Tax Rate (%) 30.00 30 30 30 30 30

GDP Actual Q2 Q3 Q4 Q1 2023
GDP Growth Rate (%) -0.50 0.6 0.6 0.5 0.5 0.5
GDP Annual Growth Rate (%) 6.90 5.2 3.2 2.8 2.8 3.1
GDP (USD Billion) 61.52 60 60 61.5 61.5 61.5
GDP Constant Prices (CRC Million) 9622326.42 9673889 9727162 9891752 9891752 10198396
Gross Fixed Capital Formation (CRC Million) 1701644.80 1648079 1649035 1673433 1749291 1725309
GDP per capita (USD) 11969.77 9900 9900 9900 9900 10150
GDP per capita PPP (USD) 19679.29 19850 19850 19850 19850 20000
GDP From Agriculture (CRC Million) 433955.56 454061 447770 446106 446106 459936
GDP From Construction (CRC Million) 380114.08 387228 392169 390757 390757 402871
GDP From Manufacturing (CRC Million) 1278121.96 1321005 1315384 1313909 1313909 1354641
GDP From Mining (CRC Million) 25869.82 27373 26580 26594 26594 27419
GDP From Public Administration (CRC Million) 368957.22 389197 380914 379288 379288 391046
GDP From Services (CRC Million) 830513.37 846651 842055 853768 853768 880235
GDP From Transport (CRC Million) 424312.47 414451 425734 436193 436193 449715
GDP From Utilities (CRC Million) 236621.64 242668 240540 243247 243247 250788

Labour Actual Q2 Q3 Q4 Q1 2023
Unemployment Rate (%) 15.60 14.1 13.9 13.5 12.9 12.5
Unemployed Persons 330227.00 280000 280000 280000 280000 280000
Minimum Wages (points) 5518.18 5600 5600 5600 5600 5600
Population (Million) 5.21 5.27 5.27 5.27 5.33 5.33
Labor Force Participation Rate (%) 59.60 62.9 62.9 62.7 62.7 62.7
Wages (CRC/Month) 755889.00 708000 708000 708000 708000 708000

Prices Actual Q2 Q3 Q4 Q1 2023
Inflation Rate (%) 8.71 8.77 9.06 8.17 6.71 4
Consumer Price Index CPI (points) 108.95 110 111 112 113 116
Producer Prices (points) 146.04 134 134 135 135 140
Core Inflation Rate (%) 3.73 2.5 2.1 1.8 1.5 1
CPI Housing Utilities (points) 104.88 109 108 108 111 112
CPI Transportation (points) 130.82 132 133 133 133 134
Food Inflation (%) 13.92 10 8 6 4.5 3.4
Inflation Expectations (%) 1.12 3.3 3.3 3.5 3.5 3.5
Inflation Rate Mom (%) 1.44 1 0.4 0.3 0.2 0.2

Money Actual Q2 Q3 Q4 Q1 2023
Interest Rate (%) 4.00 4 4 5 5 5
Deposit Interest Rate (%) 2.58 2.58 2.58 3.58 3.58 3.58

Trade Actual Q2 Q3 Q4 Q1 2023
Balance of Trade (USD Million) -266.50 -432 -536 -627 -392 -652
Current Account (USD Million) -1183.20 -423 -561 -949 -279 -963
Current Account to GDP (% of GDP) -2.40 -2.7 -2.7 -2.7 -2.7 -3
Exports (USD Million) 1428.10 1481 1390 1313 1561 1342
Imports (USD Million) 1694.60 1913 1926 1940 1953 1994
External Debt (USD Million) 33023.70 29000 29000 29000 29000 29000
Capital Flows (USD Million) 1.09 -425 -425 -425 -425 -642
Foreign Direct Investment (USD Million) 635.40 490 490 490 490 650

Government Actual Q2 Q3 Q4 Q1 2023
Government Debt to GDP (% of GDP) 79.26 75 75 75 75 73
Government Budget (% of GDP) -7.40 -7 -7 -7 -7 -6.5
Government Budget Value (CRC Million) -331090.55 -953287 -953287 -953287 -953287 -953287
Government Spending (CRC Million) 1583904.00 1527256 1557427 1592490 1628253 1641857

Taxes Actual Q2 Q3 Q4 Q1 2023
Personal Income Tax Rate (%) 25.00 15 15 15 15 15
Corporate Tax Rate (%) 30.00 30 30 30 30 30
Sales Tax Rate (%) 9.00 13 13 13 13 13
Social Security Rate (%) 37.00 36.67 36.67 36.67 36.67 36.67
Social Security Rate For Companies (%) 26.50 26.33 26.33 26.33 26.33 26.33
Social Security Rate For Employees (%) 10.50 10.34 10.34 10.34 10.34 10.34

Business Actual Q2 Q3 Q4 Q1 2023
Industrial Production (%) 6.80 3 3 2.9 2.9 2.9
Manufacturing Production (%) 6.70 3.3 3.3 3.1 3.1 3.1
Leading Economic Index (%) 6.28 3.5 3.5 3.4 3.4 3.4
Industrial Production Mom (%) -0.70 0.8 0.8 0.7 0.7 0.7
Mining Production (%) -2.30 6 6 3.5 3.5 3.5

Consumer Actual Q2 Q3 Q4 Q1 2023
Consumer Spending (CRC Million) 5633326.70 5926260 5813593 5791060 5791060 5970583
Gasoline Prices (USD/Liter) 1.38 1.43 1.48 1.53 1.59 1.59

Housing Actual Q2 Q3 Q4 Q1 2023
Construction Output (%) 17.60 -1 -1 -1 -1 -1


Trading Economics provides data for 20 million economic indicators from 196 countries including actual values, consensus figures, forecasts, historical time series and news. Costa Rica Forecast - was last updated on Tuesday, June 28, 2022.