Debt service as a share of exports of good and services in Costa Rica
Costa Rica: Debt service as a share of exports of good and services was 7.8% in 2023. ▼ Falling
Debt service as a share of exports of good and services in Costa Rica, 2000–2023
Source: World Bank – processed by Our World in Data. Measured in %.
Analysis
In 2023, debt service as a share of exports of good and services in Costa Rica stood at 7.8%.
Compared with earlier readings it is up 95.2% on the previous year and down 9.5% over ten years.
Over the whole period, debt service as a share of exports of good and services in Costa Rica peaked at 10.5% in 2020 and was at its lowest, 3.3%, in 2007.
That places Costa Rica 57th out of 116 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently falling across the 24 years of available data.
Debt service as a share of exports of good and services in Costa Rica, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 8.3% | — |
| 2001 | 9.3% | +11.8% |
| 2002 | 9.0% | -2.7% |
| 2003 | 10.2% | +13.3% |
| 2004 | 7.6% | -26.1% |
| 2005 | 5.2% | -31.3% |
| 2006 | 3.6% | -30.6% |
| 2007 | 3.3% | -7.8% |
| 2008 | 8.7% | +162.3% |
| 2009 | 7.2% | -17.8% |
| 2010 | 4.3% | -39.4% |
| 2011 | 5.8% | +34.8% |
| 2012 | 6.1% | +4.6% |
| 2013 | 8.6% | +40.4% |
| 2014 | 6.8% | -21.3% |
| 2015 | 6.5% | -3.3% |
| 2016 | 5.5% | -16.1% |
| 2017 | 5.7% | +3.3% |
| 2018 | 7.2% | +26.8% |
| 2019 | 7.5% | +4.3% |
| 2020 | 10.5% | +39.5% |
| 2021 | 6.3% | -39.8% |
| 2022 | 4.0% | -36.8% |
| 2023 | 7.8% | +95.2% |
Costa Rica compared with similar countries
- Costa Rica's 7.8% is above the median for Latin America & Caribbean, which is 7.7%, 1.0× the median. (23 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 7.2% | 3.3% | 10.2% | 10 |
| 2010s | 6.4% | 4.3% | 8.6% | 10 |
| 2020s | 7.1% | 4.0% | 10.5% | 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 466.29 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0045 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 90.49 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 5.59 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 3.39 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0543 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 1,084 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 20.52 % change on previous year (2025)
Frequently asked questions
- What is debt service as a share of exports of good and services in Costa Rica?
- Debt service as a share of exports of good and services in Costa Rica was 7.8% in 2023, according to World Bank – processed by Our World in Data.
- What is the highest debt service as a share of exports of good and services recorded in Costa Rica?
- The highest recorded value was 10.5% in 2020.
- What is the lowest debt service as a share of exports of good and services recorded in Costa Rica?
- The lowest recorded value was 3.3% in 2007.
- How does Costa Rica rank for debt service as a share of exports of good and services?
- Costa Rica ranks 57th out of 116 countries with data for 2023.
- Is debt service as a share of exports of good and services rising or falling in Costa Rica?
- Over the last ten years it is down 9.5%. The long-run trend across the full record is falling.
- Where does this Costa Rica data come from?
- The figures come from World Bank – processed by Our World in Data, published as part of Debt service as a share of exports of good and services. 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).
About this data
Debt service as a proportion of exports of goods, services and primary income (%).