Costa Rica GDP Annual Growth Rate

The Gross Domestic Product (GDP) in Costa Rica expanded 4.19 percent in the fourth quarter of 2013 over the same quarter of the previous year. GDP Annual Growth Rate in Costa Rica is reported by the Central Bank of Costa Rica. GDP Annual Growth Rate in Costa Rica averaged 4.89 Percent from 1992 until 2013, reaching an all time high of 12.60 Percent in the third quarter of 1992 and a record low of -4.63 Percent in the first quarter of 2009. The biggest sector of Costa Rica’s economy is services, which accounts for 63 percent of GDP. Within services the most important segments are: transport, communication and warehousing (16 percent of GDP); trade, restaurants and hotels (15 percent) and community, personal and social services (9 percent). Manufacturing, mining and quarrying create 21 percent of the wealth. Agriculture, forestry and fishing contribute for 9 percent of the output and construction and water and electricity distribution for the remaining 7 percent. This page provides - Costa Rica GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-24

Actual Previous Highest Lowest Forecast Dates Unit Frequency
4.19 5.17 12.60 -4.63 3.49 | 2014/03 1992 - 2013 Percent Quarterly

TO

Costa Rica GDP Annual Growth Rate
LIST BY COUNTRY


CALENDAR GMT Country Event Reference Actual Previous Consensus Forecast
2013-03-29 02:30 PM Costa Rica
GDP Growth Rate YoY
Q4 2012 3.5% 3.8%
2013-10-01 12:00 AM Costa Rica
GDP Growth Rate YoY
Q2 2013 3.2% 1.1% (R) 1.32%
2013-12-30 02:30 PM Costa Rica
GDP Growth Rate YoY
Q3 2013 5.0% 3.0% (R) 1.85%
2014-03-31 11:00 PM Costa Rica
GDP Growth Rate YoY
Q4 2013 4.19% 5.17% (R) 3.52%
2014-06-30 04:00 PM Costa Rica
GDP Growth Rate YoY
Q1 2014 4.19% 3.49%
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GDP Last Previous Highest Lowest Forecast Unit
GDP 45.13 2012-12-31 41.03 45.13 0.48 51.72 2014-06-30 USD Billion [+]
GDP Annual Growth Rate 4.19 2013-12-31 5.17 12.60 -4.63 3.49 2014-03-31 Percent [+]
GDP per capita 5716.05 2012-12-31 5514.77 5716.05 1762.05 6016.24 2014-06-30 USD [+]
GDP per capita PPP 11155.51 2012-12-31 10762.70 11155.51 5453.51 11741.36 2014-06-30 USD [+]
GDP Constant Prices 573458.30 2013-11-15 573221.30 573458.30 195881.10 597911.32 2014-06-30 CRC Million [+]
Gdp Growth Rate 0.55 2013-12-31 2.23 9.33 -6.15 6.75 2014-03-31 Percent [+]
Gross Fixed Capital Formation 183181.90 2013-11-15 155588.20 183181.90 36748.20 175932.10 2014-03-31 CRC Million [+]
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GDP Annual Growth Rate | Notes
The annual growth rate in Gross Domestic Product measures the increase in value of the goods and services produced by an economy over the period of a year. Therefore, unlike the commonly used quarterly GDP growth rate the annual GDP growth rate takes into account a full year of economic activity, thus avoiding the need to make any type of seasonal adjustment.


RELATED NEWS

Costa Rica Capital Flows at 779.61 USD Million  
Capital Flows in Costa Rica increased to 779.61 USD Million in the fourth quarter of 2013 from 470.53 USD Million in the third quarter of 2013. Capital Flows in Costa Rica is reported by the Central Bank of Costa Rica.
Costa Rica Changes in Inventories at -37884.70 CRC Million  
Changes in Inventories in Costa Rica decreased to -37884.70 CRC Million in the fourth quarter of 2013 from 9872.70 CRC Million in the third quarter of 2013. Changes in Inventories in Costa Rica is reported by the Central Bank of Costa Rica.
Costa Rica Consumer Price Index (CPI) at 165.76 Index Points  
Consumer Price Index (CPI) in Costa Rica increased to 165.76 Index Points in March of 2014 from 164.75 Index Points in February of 2014. Consumer Price Index (CPI) in Costa Rica is reported by the Central Bank of Costa Rica.
Costa Rica Consumer Spending at 448161.30 CRC Million  
Consumer Spending in Costa Rica increased to 448161.30 CRC Million in the fourth quarter of 2013 from 389016.20 CRC Million in the third quarter of 2013. Consumer Spending in Costa Rica is reported by the Central Bank of Costa Rica.
Costa Rica Current Account at -760.14 USD Million  
Costa Rica recorded a Current Account deficit of 760.14 USD Million in the fourth quarter of 2013. Current Account in Costa Rica is reported by the Central Bank of Costa Rica.
Costa Rica Foreign Exchange Reserves at 317.85 USD Million  
Foreign Exchange Reserves in Costa Rica increased to 317.85 USD Million in the fourth quarter of 2013 from 260.22 USD Million in the third quarter of 2013. Foreign Exchange Reserves in Costa Rica is reported by the Central Bank of Costa Rica.
Costa Rica GDP Constant Prices at 573458.30 CRC Million  
GDP Constant Prices in Costa Rica increased to 573458.30 CRC Million in the fourth quarter of 2013 from 573221.30 CRC Million in the third quarter of 2013. GDP Constant Prices in Costa Rica is reported by the Central Bank Of Costa Rica.
Costa Rica Government Spending at 50118.70 CRC Million  
Government Spending in Costa Rica increased to 50118.70 CRC Million in the fourth quarter of 2013 from 49767.90 CRC Million in the third quarter of 2013. Government Spending in Costa Rica is reported by the Central Bank of Costa Rica.
Costa Rica Gross Fixed Capital Formation at 183181.90 CRC Million  
Gross Fixed Capital Formation in Costa Rica increased to 183181.90 CRC Million in the fourth quarter of 2013 from 155588.20 CRC Million in the third quarter of 2013. Gross Fixed Capital Formation in Costa Rica is reported by the Central Bank Of Costa Rica.
Costa Rica Producer Prices at 367.48 Index Points  
Producer Prices in Costa Rica increased to 367.48 Index Points in March of 2014 from 361.89 Index Points in February of 2014. Producer Prices in Costa Rica is reported by the Central Bank of Costa Rica.
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