Markets Actual Q2 Q3 Q4 Q1 2023
Stock Market (points) 11895.13 25500 25500 5726 5006 3564
Currency 666.83 672 674 676 679 683

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 (%) 9.90 2.8 2 3.2 3.2 3.1
Unemployment Rate (%) 15.60 15.1 15.1 13.8 13.8 11.5
Inflation Rate (%) 7.14 6.37 5.39 4.14 2.34 1.5
Interest Rate (%) 2.50 2.5 3 3.5 3.5 3.5
Balance of Trade (USD Million) -514.30 -432 -536 -627 -392 -652
Current Account (USD Million) -1183.20 -465 -465 -603 -603 -812
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 (%) 9.90 2.8 2 3.2 3.2 3.1
GDP (USD Billion) 61.52 60 60 61.5 61.5 61.5
GDP Constant Prices (CRC Million) 9622326.42 9453192 9614055 9930241 9930241 10238078
Gross Fixed Capital Formation (CRC Million) 1395115.20 1428598 1434178 1423018 1439759 1484391
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 443702 442563 447842 447842 461725
GDP From Construction (CRC Million) 380114.08 378394 387609 392278 392278 404438
GDP From Manufacturing (CRC Million) 1278121.96 1290868 1300089 1319022 1319022 1359912
GDP From Mining (CRC Million) 25869.82 26748 26270 26698 26698 27525
GDP From Public Administration (CRC Million) 368957.22 380318 376485 380764 380764 392568
GDP From Services (CRC Million) 830513.37 827336 832264 857090 857090 883660
GDP From Transport (CRC Million) 424312.47 404996 420783 437890 437890 451465
GDP From Utilities (CRC Million) 236621.64 237132 237743 244194 244194 251764

Labour Actual Q2 Q3 Q4 Q1 2023
Unemployment Rate (%) 15.60 15.1 15.1 13.8 13.8 11.5
Unemployed Persons 330227.00 280000 280000 280000 280000 280000
Minimum Wages (points) 5518.18 5600 5600 5600 5600 5600
Population (Million) 5.16 5.15 5.15 5.2 5.2 5.2
Labor Force Participation Rate (%) 59.50 62.9 62.9 62.7 62.7 62.7
Wages (CRC/Month) 723244.00 708000 708000 708000 708000 708000

Prices Actual Q2 Q3 Q4 Q1 2023
Inflation Rate (%) 7.14 6.37 5.39 4.14 2.34 1.5
Consumer Price Index CPI (points) 107.41 107 107 108 108 109
Producer Prices (points) 142.76 134 134 135 135 140
Core Inflation Rate (%) 2.84 2.5 2.1 1.8 1.5 1
CPI Housing Utilities (points) 104.95 106 105 104 107 105
CPI Transportation (points) 126.23 127 128 129 129 129
Food Inflation (%) 9.60 10 8 6 4.5 3.4
Inflation Expectations (%) 1.12 3.3 3.3 3.5 3.5 3.5
Inflation Rate Mom (%) 1.58 0.8 0.6 0.4 0.3 0.2

Money Actual Q2 Q3 Q4 Q1 2023
Interest Rate (%) 2.50 2.5 3 3.5 3.5 3.5
Deposit Interest Rate (%) 2.58 2.58 3.08 3.58 3.58 3.58

Trade Actual Q2 Q3 Q4 Q1 2023
Balance of Trade (USD Million) -514.30 -432 -536 -627 -392 -652
Current Account (USD Million) -1183.20 -465 -465 -603 -603 -812
Current Account to GDP (% of GDP) -2.40 -2.7 -2.7 -2.7 -2.7 -3
Exports (USD Million) 1532.30 1481 1390 1313 1561 1342
Imports (USD Million) 2046.60 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) 648.00 490 490 490 490 650

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) -119376.11 -953287 -953287 -953287 -953287 -953287
Government Spending (CRC Million) 1451763.89 1607114 1492413 1480799 1498220 1544665

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 (%) 7.90 3 3 2.9 2.9 2.9
Manufacturing Production (%) 16.60 3.3 3.3 3.1 3.1 3.1
Leading Economic Index (%) 13.14 3.5 3.5 3.4 3.4 3.4
Industrial Production Mom (%) -0.30 0.8 0.8 0.7 0.7 0.7
Mining Production (%) 9.00 6 6 3.5 3.5 3.5

Consumer Actual Q2 Q3 Q4 Q1 2023
Consumer Spending (CRC Million) 5633326.70 5704828 5791060 5745993 5813593 5993815
Gasoline Prices (USD/Liter) 1.35 1.4 1.45 1.5 1.55 1.55

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, May 17, 2022.