Current account balance as a share of GDP in Costa Rica
Costa Rica: Current account balance as a share of GDP was -1.3% in 2024. ▲ Rising
Current account balance as a share of GDP in Costa Rica, 2000–2024
Source: International Monetary Fund – processed by Our World in Data. Measured in %.
Analysis
The most recent figure for current account balance as a share of gdp in Costa Rica is -1.3%, measured in 2024.
The figure is up 8.4% on the previous year and up 72.2% over ten years.
Over the whole period, current account balance as a share of gdp in Costa Rica peaked at -1.1% in 2020 and was at its lowest, -8.4%, in 2008.
Costa Rica ranks 101st of 193 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 25 years of available data.
Current account balance as a share of GDP in Costa Rica, year by year
| Year | % | Change |
|---|---|---|
| 2000 | -4.6% | — |
| 2001 | -3.2% | -29.4% |
| 2002 | -5.2% | +61.2% |
| 2003 | -5.2% | +0.4% |
| 2004 | -3.6% | -30.3% |
| 2005 | -4.3% | +18.2% |
| 2006 | -4.1% | -3.7% |
| 2007 | -5.6% | +34.9% |
| 2008 | -8.4% | +50.4% |
| 2009 | -1.8% | -78.3% |
| 2010 | -3.2% | +76.9% |
| 2011 | -5.3% | +64.6% |
| 2012 | -5.1% | -3.8% |
| 2013 | -4.8% | -6.5% |
| 2014 | -4.7% | -1.0% |
| 2015 | -3.4% | -28.0% |
| 2016 | -2.1% | -37.1% |
| 2017 | -3.6% | +69.2% |
| 2018 | -3.0% | -17.4% |
| 2019 | -1.2% | -60.2% |
| 2020 | -1.1% | -11.8% |
| 2021 | -3.2% | +202.9% |
| 2022 | -3.3% | +3.1% |
| 2023 | -1.4% | -56.4% |
| 2024 | -1.3% | -8.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -4.6% | -8.4% | -1.8% | 10 |
| 2010s | -3.6% | -5.3% | -1.2% | 10 |
| 2020s | -2.0% | -3.3% | -1.1% | 5 |
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)
- Gross capital formation (constant 2015 US$), annual growth rate 3.31 % change on previous year (2025)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.1312 constant 2015 US$ per US$ of GDP (2025)
- Gross capital formation (constant 2015 US$), per capita 2,620 constant 2015 US$ per person (2025)
- Imports of goods and services (current US$), annual growth rate 7.45 % change on previous year (2025)
- Imports of goods and services (current US$), per unit of GDP 0.3264 current US$ per US$ of GDP (2025)
- Imports of goods and services (current US$), per capita 6,519 current US$ per person (2025)
- Imports of goods and services (current LCU), annual growth rate 5.03 % change on previous year (2025)
- Imports of goods and services (current LCU), per unit of GDP 164.35 current LCU per US$ of GDP (2025)
Frequently asked questions
- What is current account balance as a share of gdp in Costa Rica?
- Current account balance as a share of gdp in Costa Rica was -1.3% in 2024, according to International Monetary Fund – processed by Our World in Data.
- What is the highest current account balance as a share of gdp recorded in Costa Rica?
- The highest recorded value was -1.1% in 2020.
- What is the lowest current account balance as a share of gdp recorded in Costa Rica?
- The lowest recorded value was -8.4% in 2008.
- How does Costa Rica rank for current account balance as a share of gdp?
- Costa Rica ranks 101st out of 193 countries with data for 2024.
- Is current account balance as a share of gdp rising or falling in Costa Rica?
- Over the last ten years it is up 72.2%. The long-run trend across the full record is rising.
- Where does this Costa Rica data come from?
- The figures come from International Monetary Fund – processed by Our World in Data, published as part of Current account balance as a share of GDP. Statizoid updates them automatically from the source API.
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About this data
Current account balance as a proportion of GDP (%).