Data are in current U.S. dollars. The Gross Domestic Product (GDP) in Costa Rica was worth 61.77 billion US dollars in 2019, according to official data from the World Bank and projections from Trading Economics. Try our corporate solution for free! of GDP. Resources will be . ... GDP Per Capita, PPP $17,566. Dollar (PPK) pro Kopf) im Jahr 2019 GDP … Economic Growth Is Not Accelerating. Real GDP (constant, inflation adjusted) of Costa Rica reached $48,119,932,948 in 2017. The Gross Domestic Product (GDP) in Costa Rica contracted 8.30 percent in the second quarter of 2020 over the previous quarter. Balance of Payments. Innovation Inputs . to 67.6 percent of GDP. This GDP (nominal) is around 0.07% of Entire World’s GDP. Country Report 2017 - Includes Costa Rica real Gross Domestic Product growth rate, with latest forecasts and historical data, GDP per capita, GDP composition and breakdown by sector. Costa Rica's economy emerged from recession in 1997 and has shown strong aggregate growth since then. CSV XML EXCEL. 57 : 50 • Costa Rica performs better in Innovation Outputs than Inputs. The quality of economic data across Asia-Pacific region varies considerably across countries, mainly as a result of lack of statistical capacity. Costa Rica: Central Bank maintains interest … After a deep recession this year, GDP is projected to recover gradually in 2021 (by 2%) and gain momentum in 2022 (by 3.8%). Electronic Access: Free Download. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. Missing data, out of date base years, disputed population data and the size of the unrecorded informal economy means that international rankings of countries in terms of GDP and GDP per capita are meaningless. In 2019, agriculture contributed around 4.25 percent to the GDP of Costa Rica, 18.47 percent came from the industry and 69.6 percent from the services sector. - … Thematic data tables from WDI. Costa Rica - Gross domestic product per capita based on purchasing-power-parity in constant prices of 2011 19.642 (Int. GDP per capita (current US$) - Costa Rica. GDP (current US$) GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. … 40 License: CC BY-4.0 Line Bar Map. GDP Growth Rate in 2017 was 3.28%, representing a change of 1,528,418,117 US$ over 2016, when Real GDP was $46,591,514,831. Im Jahr 2019 betrug das Bruttoinlandsprodukt in Costa Rica rund 62,1 Milliarden US-Dollar. Gross domestic product (GDP) growth rate in Costa Rica 2025* Costa Rica: Share in global GDP adjusted for PPP 2025 Distribution of gross domestic product (GDP) across economic sectors Costa Rica 2019 Label. In 2019, GDP for Costa Rica was 62.14 billion US dollars. Dollars | Annual | Updated: Jun 11, 2019 Article IV/Country Report: April 13, 2019 Outstanding Purchases and Loans (SDR): 369.4 million (September 30, 2020) Special Drawing Rights (SDR): 82.99 million 53 . Costa Rica gdp per capita for 2019 was $12,238, a 1.04% increase from 2018. fundamental to help . Data Source: World Bank MLA … The latest comprehensive information for - Costa Rica GDP From Construction - including latest news, historical data table, charts and more. Costa Rica’s Rankings, 2017 - 2019 . GDP (nominal) of United States has increased by $859 billion in 2019 followed by China with $772 billion. As of June 30, 2018, according to the WTO, Costa Rica had 65 nontariff measures in force. {"2005":4594715.44, "2006":4998114.77, "2007":5394732.29, "2008":5542096.11, "2009":5485803.72, "2010":5742532.72, "2011":5981649.45, "2012":6290781.09, "2013":6433518.91, "2014":6626251.05, "2015":6866916.49, "2016":7158485.76, "2017":7401659.52, "2018":7599283.83, "2019":7757652.90}, [{"1920":1.10, "1921":1.07, "1922":1.17, "1923":1.08, "1924":1.24, "1925":1.23, "1926":1.36, "1927":1.24, "1928":1.30, "1929":1.25, "1930":1.31, "1931":1.29, "1932":1.19, "1933":1.41, "1934":1.25, "1935":1.35, "1936":1.44, "1937":1.68, "1938":1.78, "1939":1.83, "1940":1.76, "1941":1.97, "1942":1.76, "1943":1.76, "1944":1.59, "1945":1.82, "1946":2.01, "1947":2.39, "1948":2.52, "1949":2.63, "1950":2.74, "1951":2.81, "1952":3.15, "1953":3.63, "1954":3.66, "1955":4.08, "1956":3.96, "1957":4.30, "1958":4.83, "1959":5.01, "1960":5.70, "1961":5.65, "1962":6.06, "1963":6.45, "1964":6.75, "1965":7.49, "1966":7.93, "1967":8.38, "1968":9.09, "1969":9.59, "1970":10.31, "1971":11.01, "1972":11.91, "1973":12.83, "1974":13.54, "1975":13.83, "1976":14.59, "1977":15.89, "1978":16.89, "1979":17.72, "1980":17.85, "1981":17.45, "1982":16.18, "1983":16.64, "1984":17.98, "1985":18.11, "1986":19.11, "1987":20.02, "1988":20.71, "1989":21.88, "1990":22.66, "1991":23.17, "1992":25.29, "1993":27.16, "1994":28.45, "1995":29.56, "1996":29.83, "1997":31.49, "1998":34.14, "1999":36.94, "2000":37.61, "2001":38.01, "2002":39.11, "2003":41.62, "2004":43.39, "2005":45.95, "2006":49.98, "2007":53.95, "2008":55.42, "2009":54.86, "2010":57.43, "2011":59.82, "2012":62.91, "2013":64.34, "2014":66.26, "2015":68.67, "2016":71.58, "2017":74.02, "2018":75.99, "2019":77.58}], {"1971":6.8, "1972":8.2, "1973":7.7, "1974":5.6, "1975":2.1, "1976":5.5, "1977":8.9, "1978":6.3, "1979":4.9, "1980":0.8, "1981":-2.3, "1982":-7.3, "1983":2.9, "1984":8.0, "1985":0.7, "1986":5.5, "1987":4.8, "1988":3.4, "1989":5.7, "1990":3.6, "1991":2.3, "1992":9.2, "1993":7.4, "1994":4.7, "1995":3.9, "1996":0.9, "1997":5.6, "1998":8.4, "1999":8.2, "2000":1.8, "2001":1.1, "2002":2.9, "2003":6.4, "2004":4.3, "2005":5.9, "2006":8.8, "2007":7.9, "2008":2.7, "2009":-1.0, "2010":4.7, "2011":4.2, "2012":5.2, "2013":2.3, "2014":3.0, "2015":3.6, "2016":4.2, "2017":3.4, "2018":2.7, "2019":2.1}. Costa Rica is also a global leader for its environmental policies and accomplishments, which have helped the country build its Green Trademark. 12,015 (US dollars) in 2019. The Trading Economics Application Programming Interface (API) provides direct access to our data. The World Bank and the Government of Costa Rica established a Country Partnership Framework (CPF) to strengthen the World Bank-Costa Rica relationship. Selected Countries and Economies. Los valores actuales, los datos históricos, las previsiones, estadísticas, gráficas y calendario económico - Costa-Rica - PIB - Tasa de crecimiento anual. ... 1961 - 2019 GDP (constant 2010 US$) ... GDP per capita growth (annual %) Download. meet the Government’s funding needs and reduce pressure on local interest rates. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds. Costa Rica - Produto Interno Bruto 61,02 (billion US dollars) em 2019 GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. The most unreliable economic data is produced in Argentina which has manipulated inflation and GDP statistics since 2007. • As for Innovation Outputs, Costa Rica ranks 48th. Costa Rica gdp per capita for 2017 was $11,815, a 1.27% increase from 2016. On March 27, 2019, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation [1] with Costa Rica. Costa Rica - Gross domestic product in current prices 61.02 (billion US dollars) में 2019 GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. The average applied tariff rate is 1.8 percent. Für das Jahr 2021 wird das BIP Costa Ricas auf rund 61,2 Milliarden US-Dollar prognostiziert. Most American countries use a national income accounting standard that fails to record the informal economy. Innovation Outputs . Factbook > Countries > Costa Rica > Economy. The pioneering Payments for Environmental Services (PES) program has been successful in promoting forest and biodiversity conservation; making Costa Rica the only tropical country in the world that has reversed deforestation. (Source: IMF) U.S. goods and services trade with Costa Rica totaled an estimated $16.4 billion in 2019. Label. 2017 . In 2019, GDP for Costa Rica was 62.14 billion US dollars. According to the Costa Rican Central Bank, the U.S. foreign direct investment in Costa Rica amounted to $23.5 million in 2019, accounting for over 55 percent of the total inward investment. ... 1960 - 2019GDP Annual Growth Rate-8.6. source: World Bank Die Statistik zeigt das Bruttoinlandsprodukt (BIP) von Costa Rica im Zeitraum 1980 bis 2019 und Prognosen bis zum Jahr 2025. Costa Rica has made great strides converging towards OECD living standards, and its accession process to the OECD was opened in 2015. Publish your articles and forecasts in our website. All rights reserved.Terms & Conditions. DataBank. … However, as per 2018 estimates by World Bank, the GDP (Nominal) of .. services: 73.9% (2017 est.) Its overall score has increased by 0.5 point due to an improved score for property rights. It is estimated that the application of the latest standard would add US$824 billion. FRED: Download, graph, and track economic data. GII . Real GDP at Constant National Prices for Costa Rica (RGDPNACRA666NRUG) Download 2017: 72,173.00000 | Millions of 2011 U.S. Download historical data for 20 million indicators using your browser. Definition: This entry shows where production takes place in an economy. 95 economic data series with tags: Costa Rica, GDP. As per International Monetary Fund (IMF) 2019 estimates, the GDP (nominal) of Costa Rica is USD 61,021 million. Gross Domestic Product. The world economy may be growing slowly; nevertheless, a successful closing and beginning of the year augurs Costa Rica’s tourism sector, trusting the promotion work abroad, the quality of th… Gross National Product. 1960-2019 Data | 2020-2022 Forecast | Historical | Chart | News. Costa Rica is also a global leader for its … All rights reserved. The post-1980s economic growth is the product of a strategy of outward-oriented growth, based on openness to foreign investment and gradual trade liberalization. Read more GDP PPP based on: 2011 International Dollars. Costa Rica needs to spread the fruits of growth more widely. The government restricts investment in $81.27 billion (2016 est.) Costa Rica gni for 2018 was $57.96B, a 4.97% increase from 2017. India, Japan, and Indonesia are third, fourth and fifth largest contributer, respectively. See how Costa Rica ranks in US News Best Countries. Costa Rica is getting something right. In the second quarter of the year, Costa Rica's GDP grew 1.4% year-on-year, below the 3% reported for the same period in 2018, which is associated with the evolution of internal demand and external demand for the production of companies under the definitive regime.. None; Aggregates; Same region; Similar values; Highest values; Lowest values; Share Details. Browse additional economic indicators and data sets, selected by Global Finance editors, to learn more about Costa Rica economic outlook, debt to GDP ratio, international trade performance and population trends. Costa Rica Inflation Rate Drops to 0.2% in November, Costa Rica Economy Shrinks the Most on Record, Costa Rica Unemployment Rate Climbs to 11.9%, Costa Rica Current Account Gap Widens in Q1, Moody’s Cuts Costa Rica’s Credit Rating to ‘B1’, Oil Prices Slide on Friday, Book Weekly Gain, US Stocks Book Weekly Loss, S&P Links Third Fall, Senegal November Inflation Rate at 5-Month Low, Spanish Shares End Lower, Fall 3.1% on the Week. In 2019, GDP per capita based on PPP for Costa Rica was 20,361 international dollars. World Bank national accounts data, and OECD National Accounts data files. Costa Rica’s economy has been stuck in the mid-range of the moderately free category since the inception of the Index in 1995. GDP - composition by sector: agriculture: 5.5% (2017 est.) ... A comprehensive report into the 2019 Christchurch mosque shootings in … Also Show. Costa Rica GDP (Gross Domestic Product) was INT$77.58billion for 2019 in PPP terms. Unlike the rest of Central America, Costa Rica is not highly dependent on remittances - which represented just 1 % of GDP in 2016, but instead relies on FDI - which accounted for 5.1% of GDP. Costa Rica’s economic freedom score is 65.8, making its economy the 68th freest in the 2020 Index. Over the last 20 years, GDP per capita based on PPP of Costa Rica grew substantially from 8,150 to 20,361 international dollars rising at an increasing annual rate that reached a maximum of 9.49% in 2007 and then decreased to 2.82% in 2019. 2018 : 54 . That 12.5% for exports to overall GDP in PPP for 2019 compares to 12.8% for 2018. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time. Gross Domestic Product. Costa Rica. Sepa más In macroeconomic terms, Costa Rica’s total exported goods represent 12.5% of its overall Gross Domestic Product for 2019 ($91.6 billion valued in Purchasing Power Parity US dollars). 64 : 51 . The economy shrank 8.6% year-on-year in the second quarter, swinging from a soft 0.6% expansion in the first quarter. Costa Rica : 2019 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Costa Rica. Country Report 2017 - Includes Costa Rica real Gross Domestic Product growth rate, with latest forecasts and historical data, GDP per capita, GDP composition and breakdown by sector. Eight percent of our GDP is invested in education because we … This allows for many things. Tourism is “one of the main engines of the country’s economy,” ICT says, comprising an estimated 8.2% of Costa Rica’s gross domestic product (GDP) and creating 9% of its jobs. GDP growth (annual %) - Costa Rica from The World Bank: Data. GDP of Costa Rica increased from 14.97 billion US dollars in 2000 to 62.14 billion US dollars in 2019 growing at an average annual rate of 7.94%. Publication Date: April 13, 2019 . World Economics Limited. The economy of Costa Rica has been very stable for some years now, with continuing growth in the GDP (Gross Domestic Product) and moderate inflation, though with a high unemployment rate: 11.49% in 2019. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. ... 1960 - 2019 GDP per capita growth (annual %) ... GDP per capita, PPP (constant 2017 international $) Inflation, GDP deflator (annual %) Oil rents (% of GDP) Download. World Bank national accounts data, and OECD National Accounts data files. The country seemed to be initially successful in containing the pandemic during the first wave, but the number of cases has been increasing since June when the country gradually reopened. GDP per capita is gross domestic product divided by midyear population. industry: 20.6% (2017 est.) According to the IMF, Costa Rica's GDP grew an estimated 2.1% in 2019, slightly less than the previous year (2.7%). Unlike the rest of Central America, Costa Rica is not highly dependent on remittances - which represented just 1 % of GDP in 2016, but instead relies on FDI - which accounted for 5.1% of GDP. Costa Rica ranks 55 th among the 129 economies featured in the GII 2019. GDP (purchasing power parity): $83.94 billion (2017 est.) World Economics makes available of world’s most comprehensive GDP database covering over 130 countries with historical GDP PPP data from 1870-2019, building on the lifetimes work of Angus Maddison. Jun 2020. Western Hemisphere Dept. Considered an upper middle-income country, Costa Rica has experienced steady economic expansion over the past 25 years. 217 economic data series with tags: GDP, GNP - excluding tag: Costa Rica. In macroeconomic terms, Costa Rica’s total exported goods represent 12.5% of its overall Gross Domestic Product for 2019 ($91.6 billion valued in Purchasing Power Parity US dollars). Currently (2019), the world rank of Costa Rica is 76 in terms of GDP Nominal. Costa Rica gni for 2019 was $59.06B, a 1.91% increase from 2018. Costa Rica gni for 2018 was $57.96B , a 4.97% increase from 2017. Challenge. FRED: Download, graph, and track economic data. The Latin American countries Brazil, Mexico, and Argentina accounted for over two-thirds of the region's total gross domestic product (GDP) at purchasing power parity (PPP) in 2019, while Caribbean and North Atlantic nations represented just over 1% of the region's total GDP (PPP). It provides data on the structure, finances and performance of education systems in OECD countries and partner countries. Direct access to our calendar releases and historical data. • This year Costa Rica ranks 68th in Innovation Inputs, worse than last year and compared to 2017. Costa Rica … The deceleration of the growth rate was largely attributed to a difficult fiscal situation in the country, as well as the political turmoil in Nicaragua, a key … While the end of 2019 saw the first signs of renewed dynamism in activity, the Costa Rican economy came to a halt in March 2020. The gross domestic product (GDP) measures of national income and output for a given country's economy. Wednesday, October 2, 2019. None; Aggregates; Same region; Similar values; Highest values; Lowest values; Share Details. Top Gainers in 2019: At current prices in 2019, United States is the largest contributor of increment in global GDP. Its president, Carlos Alvarado Quesada, said at Davos 2019: “Seventy years ago, Costa Rica did away with the army. Costa Rica gni for 2019 was $59.06B, a 1.91% increase from 2018. Costa Rica gdp per capita for 2016 was $11,666, a 3.25% increase from 2015. Số liệu GDP bình quân đầu người của Costa Rica mới nhất trong năm 2018 và ước tính trong năm 2019, thống kê GDP bình quân đầu người Costa Rica qua các năm dưới dạng biểu đồ và bảng số liệu % % Costa Rica needs to spread the fruits of growth more widely. Costa Rica gdp per capita for 2019 was $12,238, a 1.04% increase from 2018. 68 : 48 . Costa Rica’s constitution was adopted in 1949, and has since been amended to declare the nation as multicultural and multiethnic. © World Economics Limited. Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices. Human development index of Costa Rica increased from 0.71 score in 1999 to 0.79 score in 2018 growing at an average annual rate of 0.62%. The GDP value of Costa Rica represents 0.05 percent of the world economy. It provides data on the structure, finances and performance of education systems in OECD countries and partner countries. Costa Rica experienced a surge of infection cases in the second half of 2020, which delayed the easing of confinement measures. The latest comprehensive information for - Costa Rica GDP From Construction - including latest news, historical data table, charts and more. Author/Editor: International Monetary Fund. Read more. Costa Rica is a development success story in many respects. Costa Rica GDP - composition by sector. Unlike the rest of Central America, Costa Rica is not highly dependent on remittances - which represented just 1 % of GDP in 2016, but instead relies on FDI - which accounted for 5.1% of GDP. GDP … 9th Costa Rica ranks 9th among the 34 upper middle -income economies. This CPF reflects analytical underpinnings from the Systematic Country Diagnostic, and is the fourth prepared for Costa Rica.. Costa Rica gdp per capita for 2018 was $12,112, a 2.52% increase from 2017. The use of different national income standards across Europe has an impact on cross-country comparability and in some cases leads to an underestimation of GDP. WDI Tables. Macroeconomic Program 2019-2020. Online tool for visualization and analysis. The Central American country of stunning beaches, rainforests, and biodiversity, is also known for its stable democracy and educated population. However, this growth must translate into better quality of life for all citizens. Download Historical Data Save as Image. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. 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