Annual GDP growth in Costa Rica
Costa Rica: Annual GDP growth was 4.3% in 2024. ◆ Volatile
Latest (2024)
4.3%
Change on year
down 15.5%
World rank
52nd
of 196 countries
All-time high
8.2%
in 2007
All-time low
-4.3%
in 2020
Years of data
25
2000–2024
Annual GDP growth in Costa Rica, 2000–2024
Source: United Nations Statistics Division, SDG Global Database.
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 52nd out of 196 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 | Value | 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% |
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
- 49 Angola 4.4% compare
- 50 Singapore 4.4% compare
- 51 Russian Federation 4.3% compare
- 53 Sierra Leone 4.3% compare
- 54 Paraguay 4.2% compare
- 55 Bangladesh 4.2% compare
More economy & growth data for Costa Rica
- 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)
- Services, value added (constant LCU), per capita 6.79 million constant LCU per person (2025)
- GDP deflator (base year varies by country), annual growth rate -0.5353 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), annual growth 6.81 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.9247 current US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 18,466 current US$ per person (2025)
- Gross value added at basic prices (GVA) (current LCU), annual growth 4.41 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 465.57 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 9.30 million current LCU per person (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 52nd out of 196 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.
Download this data
CSV · JSON — 25 observations, free to reuse under UN SDG Global Database (open, attribution requested).