Annual gdp growth in Costa Rica
Costa Rica: Annual gdp growth was 5.11 in 2023. ◆ Volatile
Latest (2023)
5.11
Change on year
up 12.3%
World rank
44th
of 211 countries
All-time high
8.22
in 2007
All-time low
-4.27
in 2020
Years of data
24
2000–2023
Annual gdp growth in Costa Rica, 2000–2023
Source: Our World in Data.
Analysis
In 2023, annual gdp growth in Costa Rica stood at 5.11.
The figure is up 12.3% on the previous year and up 105.2% over ten years.
Over the whole period, annual gdp growth in Costa Rica peaked at 8.22 in 2007 and was at its lowest, -4.27, in 2020.
Costa Rica ranks 44th of 211 countries on this measure, in the top quarter.
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 | 3.87 | — |
| 2001 | 3.49 | -9.8% |
| 2002 | 3.42 | -2.0% |
| 2003 | 4.32 | +26.3% |
| 2004 | 4.42 | +2.3% |
| 2005 | 3.98 | -10.0% |
| 2006 | 7.33 | +84.2% |
| 2007 | 8.22 | +12.1% |
| 2008 | 4.74 | -42.3% |
| 2009 | -0.87 | -118.4% |
| 2010 | 5.36 | -716.1% |
| 2011 | 4.4 | -17.9% |
| 2012 | 4.88 | +10.9% |
| 2013 | 2.49 | -49.0% |
| 2014 | 3.54 | +42.2% |
| 2015 | 3.65 | +3.1% |
| 2016 | 4.2 | +15.1% |
| 2017 | 4.16 | -1.0% |
| 2018 | 2.62 | -37.0% |
| 2019 | 2.42 | -7.6% |
| 2020 | -4.27 | -276.4% |
| 2021 | 7.94 | -285.9% |
| 2022 | 4.55 | -42.7% |
| 2023 | 5.11 | +12.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 4.29 | -0.87 | 8.22 | 10 |
| 2010s | 3.77 | 2.42 | 5.36 | 10 |
| 2020s | 3.33 | -4.27 | 7.94 | 4 |
Countries ranked near Costa Rica
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)
- GNI, Atlas method (current US$), annual growth rate 14.68 % change on previous year (2025)
- GNI, Atlas method (current US$), per unit of GDP 0.898 current US$ per US$ of GDP (2025)
- GNI, Atlas method (current US$), per capita 17,934 current US$ per person (2025)
- GNI (current US$), annual growth rate 5.38 % change on previous year (2025)
- GNI (current US$), per unit of GDP 0.9098 current US$ per US$ of GDP (2025)
- GNI (current US$), per capita 18,168 current US$ per person (2025)
- GNI (current LCU), annual growth rate 3 % change on previous year (2025)
- GNI (current LCU), per unit of GDP 458.07 current LCU per US$ of GDP (2025)
Frequently asked questions
- What is annual gdp growth in Costa Rica?
- Annual gdp growth in Costa Rica was 5.11 in 2023, according to Our World in Data.
- What is the highest annual gdp growth recorded in Costa Rica?
- The highest recorded value was 8.22 in 2007.
- What is the lowest annual gdp growth recorded in Costa Rica?
- The lowest recorded value was -4.27 in 2020.
- How does Costa Rica rank for annual gdp growth?
- Costa Rica ranks 44th out of 211 countries with data for 2023.
- Is annual gdp growth rising or falling in Costa Rica?
- Over the last ten years it is up 105.2%. The long-run trend across the full record is volatile.
- Where does this Costa Rica data come from?
- The figures come from Our World in Data, published as part of Annual gdp growth. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 24 observations, free to reuse under CC BY 4.0 (Our World in Data).