Data Source: World Bank Costa Rica economic growth for 2017 was $86.55B, a 2% increase from 2017. (after Panama and before Bolivia). Exports of bananas, coffee, sugar, and beef are the backbone of its commodity exports. Costa Rica economic growth for 2018 was $89.08B, a 1.77% increase from 2018. Costa Rica gdp per capita for 2018 was $12,112, a 2.52% increase from 2017. Considering it has a relatively small population, this is a fairly impressive position. Economy - overview: Since 2010, Costa Rica has enjoyed strong and stable economic growth - 3.8% in 2017. Download Historical Data Save as Image. 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 GDP - composition by sector. Download Historical Data Save as Image. Costa Rica: Central Bank stands pat in October. Various industrial and processed agricultural products have broadened exports in recent years, as have high value-added goods, including medical devices. The Costa Rica economy is the tenth largest economy in Latin America in terms of nominal gross domestic product (GDP), (after Uruguay and before Panama) and the twelfth in terms of GDP at purchasing power parity prices (PPP). ) Costa Rica: Economic activity dives again in August. Costa Rica gdp per capita for 2016 was $11,666, a 3.25% increase from 2015. Costa Rica GDP (Gross Domestic Product) was INT$77.58billion for 2019 in PPP terms. At its monetary policy meeting on 28 October, the Central Bank of Costa Rica decided to maintain the monetary policy rate at its record low of 0.75%, having cut it from 1.25% on 17 June. Factbook > Countries ... and services to total GDP, and will total 100 percent of GDP if the data are complete. Economic Indicators for Costa Rica including actual values, historical data charts, an economic calendar, time-series statistics, business news, long term forecasts and short-term predictions for Costa Rica economy. Read more. November 3, 2020. The country Costa Rica has a GDP of $71 billion, making it the 77th most powerful economy globally and the 10th most influential in Latin America. Costa Rica gdp per capita for 2017 was $11,815, a 1.27% increase from 2016. GDP growth (annual %) - Costa Rica. 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 … October 12, 2020 Facts and statistics about the GDP - composition by sector of Costa Rica. Nominal (current) Gross Domestic Product (GDP) of Costa Rica is $57,285,984,448 (USD) as of 2017.; Real GDP (constant, inflation adjusted) of Costa Rica reached $48,119,932,948 in 2017.; GDP Growth Rate in 2017 was 3.28%, representing a change of 1,528,418,117 US$ over 2016, when Real GDP was $46,591,514,831. Agriculture includes farming, fishing, and forestry. World Bank national accounts data, and OECD National Accounts data files. Updated as of 2020. Costa Rica economic growth for 2018 was $87.53B, a 1.13% increase from 2017. The statistic shows the growth in real GDP in Costa Rica from 2015 to 2019, with projections up until 2025. To total GDP, and beef are the backbone of costa rica gdp commodity exports Domestic )... 86.55B, a 2 % increase from 2017 and beef are the backbone of its exports. Sector of costa Rica: economic activity dives again in August,,! 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