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Costa Rica — Market Overview

Americas>Costa Rica

🇨🇷 Costa Rica

Costa Rica usually trades on its mix of policy stability and export sophistication, with medical devices, business services, tourism, and consumer demand shaping the macro narrative. The cleanest read usually comes from services and high-value manufacturing exports, tourism receipts, and whether domestic rates support credit and investment without reigniting inflation.

Regional map

Key facts

Costa Rica at a glance

Capital

San Jose

Currency

Costa Rican Colon (CRC)

Primary exchange

Bolsa Nacional de Valores

Central bank

Costa Rica Central Bank

Region

Americas

Time zone

America/Costa_Rica

Source: INEC Costa Rica,

Country dashboard

Why this market matters

This first pass is built as a reusable country page instead of a static essay. The page now combines a stylized country map, a switchable line-chart explorer, and linked peer countries so users can move from Costa Rica into the rest of the region without losing the macro frame.

Macro explorer

Switch variables, keep the country context

GDP, inflation, labor, policy, and industrial activity are shown on a quarterly path from 2000 onward, while debt and the local equity benchmark come in when usable history exists. This keeps the page focused on fiscal room and macro regime while the broader official country pipeline keeps expanding.

Real GDP growth

Costa Rica starter GDP-growth path anchored to sourced country profile readings; full official historical wiring is still pending.

4.0%4.5%5.0%5.5%6.0%201020112012201320142015201620172018201920202021202220232024
Click a year to zoom from that point.

Available variables

Real GDP growth

5.1%
1Y trend+0.7%
Avg growth-0.2%

What This Signals

GDP growth is published quarterly and annualized, so each point captures how fast real output was expanding or contracting versus the prior quarter at an annual rate. It matters because it is the broadest scorecard of domestic economic momentum and sets the backdrop for revenues, employment, and policy expectations. Versus a year ago, the series is higher by 0.7%, which points to an improving or firmer backdrop on this measure. Across the displayed window, the broader trend is still downward.

Trade and external position

Exports, services, and external balance

Instead of a generic macro-card wall, this section focuses on how the country earns demand from abroad, where its trade edge sits, and how the external balance is evolving.

Total trade Costa RicaCRC 68.0B
Goods
Services
Goods
Services
ExportCRC 36.7B
CRC 31.3BImport
External Balance2024
Exports +CRC 36.7B
Imports -CRC 31.3B
Balance+CRC 5.5B
CRC 36.7B
Total exports

The full export figure, combining goods and services in one line. It is the cleanest way to read how much external demand Costa Rica is capturing across both physical products and higher-value intangible flows.

CRC 21.7B
Goods exports

This is the merchandise side of exports: industrial supplies, capital goods, autos, food, and other physical products. It matters because it reflects the health of manufacturing, energy, aerospace, and the broader global industrial cycle.

CRC 17.0B
Services exports

This is the intangible side: finance, travel, licensing, business services, and IP-linked flows. It matters because it shows where Costa Rica is strongest in higher-margin, knowledge-intensive, and branded service activities.

Trade composition

What the country exports

Trade partners

Where the country trades

Commodity lens

Raw-material exposure

Trade openness71.3%

Trade in goods and services equaled 71.3% of GDP in 2024. This is a quick read on how externally exposed the economy is.

Services share of exports46.3%

Services represented 46.3% of total exports in the latest reading, which helps show whether the export mix leans more toward intangibles or merchandise.

Manufactures share64.9%

Manufactures accounted for 64.9% of merchandise exports in 2024.

Fuel share0.0%

Fuel exports accounted for 0.0% of merchandise exports in 2024, useful for reading commodity exposure.

Food share32.3%

Food exports accounted for 32.3% of merchandise exports in 2024, adding context on agricultural exposure.

What to watch

Reading framework

01

services exports

Costa Rica should first be read through services exports. When this regime shifts, local multiples and sector leadership usually shift with it.

02

tourism receipts

The cleanest read usually comes from services and high-value manufacturing exports, tourism receipts, and whether domestic rates support credit and investment without reigniting inflation. That makes tourism receipts one of the most important signals for revising the country narrative.

03

domestic credit conditions

The final layer is domestic credit conditions, because it determines whether the macro backdrop turns into sustainable earnings support for the Costa Rica Market Index.

Other countries

Continue across Americas

Each card opens the same country template with its own map, switchable macro variables, and benchmark view. This is the first linked network of country pages across the region.