Costa Rica's economic growth slowed to 4.3% in 2024 from 5.1% in the previous year. This marked the weakest expansion since 2020, mainly weighed down by a decline in export of goods and services. Full Year GDP Growth in Costa Rica averaged 4.29 percent from 1992 until 2024, reaching an all time high of 9.20 percent in 1992 and a record low of -4.30 percent in 2020. source: Central Bank of Costa Rica
Full Year GDP Growth in Costa Rica is expected to reach 3.40 percent by the end of 2025, according to Trading Economics global macro models and analysts expectations. In the long-term, the Costa Rica Full Year GDP Growth is projected to trend around 3.50 percent in 2026 and 3.60 percent in 2027, according to our econometric models.