Costa Rica GDP Annual Growth Rate  1992-2016 | Data | Chart | Calendar

Costa Rica's economy advanced 4.2 percent year-on-year in the second quarter of 2016, following a downwardly revised 4.5 percent growth in the previous period, amid a slowdown in fixed investment growth (+0.6 percent from +8.4 percent in Q1) and government spending (+1.9 percent from +2.1 percent in Q1); while consumer spending expanded further (+4.9 percent from +4.4 percent in Q1). By contrast, net external demand contributed negatively. GDP Annual Growth Rate in Costa Rica averaged 4.77 percent from 1992 until 2016, 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.

Costa Rica GDP Annual Growth Rate
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-03-31 11:00 PM Q4 3.3% 3% 3.05%
2016-07-01 12:00 AM Q1 4.8% 3.3% 3.0%
2016-10-03 08:30 PM Q2 4.2% 4.5% 4.5%
2016-12-30 01:15 PM Q3 4.2%
2017-03-31 01:15 PM Q4
2017-03-31 11:00 PM Q4




Costa Rica GDP Last Previous Highest Lowest Unit
GDP Growth Rate 1.75 0.70 7.34 -3.18 percent [+]
GDP Annual Growth Rate 4.21 4.46 12.60 -4.63 percent [+]
GDP 51.11 49.55 51.11 0.48 USD Billion [+]
GDP Constant Prices 615839.40 605924.10 615839.40 195881.10 CRC Million [+]
Gross Fixed Capital Formation 171078.70 187663.40 187663.40 36748.20 CRC Million [+]
GDP per capita 9129.53 8978.37 9129.53 2555.85 USD [+]
GDP per capita PPP 14471.79 14232.18 14471.79 7291.15 USD [+]



Costa Rica GDP Annual Growth Rate Notes

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 the latest reported value for - Costa Rica GDP Annual Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Costa Rica GDP Annual Growth Rate - actual data, historical chart and calendar of releases - was last updated on December of 2016.

Actual Previous Highest Lowest Dates Unit Frequency
4.21 4.46 12.60 -4.63 1992 - 2016 percent Quarterly



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