Costa Rica recorded a Government Budget deficit equal to 1.90 percent of the country's Gross Domestic Product in 2024. Government Budget in Costa Rica averaged -3.37 percent of GDP from 1991 until 2024, reaching an all time high of 0.60 percent of GDP in 2007 and a record low of -7.30 percent of GDP in 2020. source: Banco Central de Costa Rica
Government Budget in Costa Rica is expected to reach -1.80 percent of GDP by the end of 2025, according to Trading Economics global macro models and analysts expectations. In the long-term, the Costa Rica Government Budget is projected to trend around -1.50 percent of GDP in 2026 and -1.20 percent of GDP in 2027, according to our econometric models.