Annual GDP growth (%) in Costa Rica
Costa Rica: Annual GDP growth (%) was 4.3% in 2024. ◆ Volatile
Annual GDP growth in Costa Rica, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
In 2024, annual gdp growth in Costa Rica stood at 4.3%.
The figure is down 15.5% on the previous year and up 22.0% over ten years.
Over the whole period, annual gdp growth in Costa Rica peaked at 8.2% in 2007 and was at its lowest, -4.3%, in 2020.
That places Costa Rica 63rd out of 230 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Annual GDP growth (%) in Costa Rica, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 3.9% | — |
| 2001 | 3.5% | -9.8% |
| 2002 | 3.4% | -2.1% |
| 2003 | 4.3% | +26.3% |
| 2004 | 4.4% | +2.5% |
| 2005 | 4.0% | -10.1% |
| 2006 | 7.3% | +84.2% |
| 2007 | 8.2% | +12.1% |
| 2008 | 4.7% | -42.3% |
| 2009 | -0.9% | -118.4% |
| 2010 | 5.4% | -713.7% |
| 2011 | 4.4% | -17.9% |
| 2012 | 4.9% | +10.9% |
| 2013 | 2.5% | -48.9% |
| 2014 | 3.5% | +42.0% |
| 2015 | 3.7% | +3.1% |
| 2016 | 4.2% | +15.1% |
| 2017 | 4.2% | -1.1% |
| 2018 | 2.6% | -37.1% |
| 2019 | 2.4% | -7.6% |
| 2020 | -4.3% | -276.8% |
| 2021 | 7.9% | -285.7% |
| 2022 | 4.6% | -42.6% |
| 2023 | 5.1% | +12.3% |
| 2024 | 4.3% | -15.5% |
Costa Rica compared with similar countries
- Costa Rica's 4.3% is above the median for high income countries, which is 2.1%, 2.0× the median. (80 countries reporting)
- Costa Rica's 4.3% is above the median for Latin America & Caribbean, which is 3.3%, 1.3× the median. (39 countries reporting)
Biggest year-on-year movements
Years where Annual GDP growth (%) in Costa Rica changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2010 | +713.7% | -0.9% | 5.4% |
| 2021 | +285.7% | -4.3% | 7.9% |
| 2020 | -276.8% | 2.4% | -4.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 4.3% | -0.9% | 8.2% | 10 |
| 2010s | 3.8% | 2.4% | 5.4% | 10 |
| 2020s | 3.5% | -4.3% | 7.9% | 5 |
Countries ranked near Costa Rica
- 60 Singapore 4.4% compare
- 61 Russian Federation 4.3% compare
- 61 Russia 4.3% compare
- 64 Sierra Leone 4.3% compare
- 65 Paraguay 4.2% compare
- 66 Bangladesh 4.2% compare
More economy & growth data for Costa Rica
- Real gdp growth, annual growth rate 11.68 % change on previous year (2025)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.74 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.3 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate 4.39 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0058 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 115.71 units per person (2025)
- SDRs holdings, SDR, annual growth rate -0.5968 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0042 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 84.49 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -3.68 % change on previous year (2025)
Frequently asked questions
- What is annual gdp growth in Costa Rica?
- Annual gdp growth in Costa Rica was 4.3% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual gdp growth recorded in Costa Rica?
- The highest recorded value was 8.2% in 2007.
- What is the lowest annual gdp growth recorded in Costa Rica?
- The lowest recorded value was -4.3% in 2020.
- How does Costa Rica rank for annual gdp growth?
- Costa Rica ranks 63rd out of 230 countries with data for 2024.
- Is annual gdp growth rising or falling in Costa Rica?
- Over the last ten years it is up 22.0%. The long-run trend across the full record is volatile.
- Where does this Costa Rica data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual GDP growth (%). Statizoid updates them automatically from the source API.
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