Economic Growth in Costa Rica
Costa rica's economy recorded an average growth rate of 3.5% in the decade to 2024, compared to the 2.9% average for Central America and Caribbean. In 2024, real GDP growth was 4.3%. For more GDP information, visit our dedicated page.
Costa Rica GDP Chart
Note: This chart displays Economic Growth (GDP, annual variation in %) for Costa Rica from 2014 to 2025.
Source: Macrobond.
Costa Rica GDP Data
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Economic Growth (Real GDP, ann. var. %) | 7.9 | 4.6 | 5.1 | 4.3 | 3.8 |
| GDP (USD bn) | 64.8 | 69.1 | 86.5 | 95.2 | 101.3 |
| GDP (CRC bn) | 40,327 | 44,810 | 47,059 | 49,116 | 51,152 |
| Economic Growth (Nominal GDP, ann. var. %) | 10.5 | 11.1 | 5.0 | 4.4 | 4.1 |
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Costa Rican GDP projections for the next ten years from a panel of 23 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable GDP forecast available for Costa Rican GDP.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Costa Rican GDP projections.
Want to get access to the full dataset of Costa Rican GDP forecasts? Send an email to info@focus-economics.com.
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