Gross domestic product (GDP), annual growth rate (Bolt) in Costa Rica
Costa Rica: Gross domestic product (GDP), annual growth rate (Bolt) was 4.32 % change on previous year in 2022. ◆ Volatile
Latest (2022)
4.32 % change on previous year
Change on year
down 44.4%
World rank
64th
of 166 countries
All-time high
19.07 % change on previous year
in 1933
All-time low
-11.78 % change on previous year
in 1934
Years of data
102
1921–2022
Gross domestic product (GDP), annual growth rate in Costa Rica, 1921–2022
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2022, gross domestic product (gdp), annual growth rate in Costa Rica stood at 4.32 % change on previous year.
Compared with earlier readings it is down 44.4% on the previous year and down 11.4% over ten years.
Over the whole period, gross domestic product (gdp), annual growth rate in Costa Rica peaked at 19.07 % change on previous year in 1933 and was at its lowest, -11.78 % change on previous year, in 1934.
Costa Rica ranks 64th of 166 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic product (GDP), annual growth rate (Bolt) in Costa Rica, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1921 | -2.13 % change on previous year | — |
| 1922 | 8.89 % change on previous year | -517.9% |
| 1923 | -7.58 % change on previous year | -185.3% |
| 1924 | 14.46 % change on previous year | -290.6% |
| 1925 | -0.4046 % change on previous year | -102.8% |
| 1926 | 10.57 % change on previous year | -2711.4% |
| 1927 | -9.19 % change on previous year | -187.0% |
| 1928 | 5.18 % change on previous year | -156.4% |
| 1929 | -4.15 % change on previous year | -180.1% |
| 1930 | 4.87 % change on previous year | -217.4% |
| 1931 | -1.19 % change on previous year | -124.4% |
| 1932 | -8.03 % change on previous year | +576.1% |
| 1933 | 19.07 % change on previous year | -337.5% |
| 1934 | -11.78 % change on previous year | -161.8% |
| 1935 | 8.21 % change on previous year | -169.7% |
| 1936 | 6.67 % change on previous year | -18.7% |
| 1937 | 16.65 % change on previous year | +149.6% |
| 1938 | 5.9 % change on previous year | -64.5% |
| 1939 | 2.91 % change on previous year | -50.8% |
| 1940 | -4.03 % change on previous year | -238.7% |
| 1941 | 11.99 % change on previous year | -397.5% |
| 1942 | -10.35 % change on previous year | -186.3% |
| 1943 | -0.235 % change on previous year | -97.7% |
| 1944 | -9.36 % change on previous year | +3884.1% |
| 1945 | 13.87 % change on previous year | -248.2% |
| 1946 | 10.53 % change on previous year | -24.1% |
| 1947 | 18.99 % change on previous year | +80.2% |
| 1948 | 5.72 % change on previous year | -69.9% |
| 1949 | 4.05 % change on previous year | -29.1% |
| 1950 | 4.11 % change on previous year | +1.5% |
| 1951 | 2.64 % change on previous year | -35.7% |
| 1952 | 12.11 % change on previous year | +358.2% |
| 1953 | 15.22 % change on previous year | +25.7% |
| 1954 | 0.8207 % change on previous year | -94.6% |
| 1955 | 11.56 % change on previous year | +1308.8% |
| 1956 | -2.84 % change on previous year | -124.5% |
| 1957 | 8.52 % change on previous year | -400.2% |
| 1958 | 12.36 % change on previous year | +45.2% |
| 1959 | 3.69 % change on previous year | -70.2% |
| 1960 | 8.69 % change on previous year | +135.6% |
| 1961 | 4.18 % change on previous year | -51.9% |
| 1962 | 6.11 % change on previous year | +46.3% |
| 1963 | 8.58 % change on previous year | +40.3% |
| 1964 | 4.84 % change on previous year | -43.6% |
| 1965 | 9.05 % change on previous year | +86.8% |
| 1966 | 7.78 % change on previous year | -14.1% |
| 1967 | 6.15 % change on previous year | -20.9% |
| 1968 | 7.69 % change on previous year | +25.0% |
| 1969 | 6.64 % change on previous year | -13.6% |
| 1970 | 6.63 % change on previous year | -0.2% |
| 1971 | 6.58 % change on previous year | -0.7% |
| 1972 | 8.8 % change on previous year | +33.7% |
| 1973 | 7.8 % change on previous year | -11.3% |
| 1974 | 5.37 % change on previous year | -31.3% |
| 1975 | 2.01 % change on previous year | -62.5% |
| 1976 | 5.43 % change on previous year | +170.2% |
| 1977 | 8.94 % change on previous year | +64.7% |
| 1978 | 6.18 % change on previous year | -30.9% |
| 1979 | 4.96 % change on previous year | -19.8% |
| 1980 | 0.753 % change on previous year | -84.8% |
| 1981 | -2.28 % change on previous year | -402.4% |
| 1982 | -6.94 % change on previous year | +204.8% |
| 1983 | 2.76 % change on previous year | -139.8% |
| 1984 | 7.85 % change on previous year | +183.9% |
| 1985 | 0.8291 % change on previous year | -89.4% |
| 1986 | 5.52 % change on previous year | +565.2% |
| 1987 | 4.76 % change on previous year | -13.7% |
| 1988 | 3.39 % change on previous year | -28.7% |
| 1989 | 5.74 % change on previous year | +69.3% |
| 1990 | 3.63 % change on previous year | -36.7% |
| 1991 | 2.12 % change on previous year | -41.6% |
| 1992 | 8.82 % change on previous year | +315.8% |
| 1993 | 6.34 % change on previous year | -28.1% |
| 1994 | 4.37 % change on previous year | -31.1% |
| 1995 | 4.08 % change on previous year | -6.5% |
| 1996 | 0.99 % change on previous year | -75.8% |
| 1997 | 5.5 % change on previous year | +455.1% |
| 1998 | 6.79 % change on previous year | +23.5% |
| 1999 | 3.9 % change on previous year | -42.6% |
| 2000 | 3.7 % change on previous year | -5.2% |
| 2001 | 3.6 % change on previous year | -2.8% |
| 2002 | 3.29 % change on previous year | -8.6% |
| 2003 | 3.99 % change on previous year | +21.3% |
| 2004 | 4.25 % change on previous year | +6.6% |
| 2005 | 3.84 % change on previous year | -9.8% |
| 2006 | 7.22 % change on previous year | +88.2% |
| 2007 | 7.96 % change on previous year | +10.2% |
| 2008 | 4.5 % change on previous year | -43.4% |
| 2009 | -0.9982 % change on previous year | -122.2% |
| 2010 | 5.15 % change on previous year | -616.1% |
| 2011 | 3.75 % change on previous year | -27.2% |
| 2012 | 4.88 % change on previous year | +30.2% |
| 2013 | 2.5 % change on previous year | -48.9% |
| 2014 | 3.54 % change on previous year | +42.0% |
| 2015 | 3.65 % change on previous year | +3.1% |
| 2016 | 4.2 % change on previous year | +15.1% |
| 2017 | 4.16 % change on previous year | -1.1% |
| 2018 | 2.62 % change on previous year | -37.1% |
| 2019 | 2.42 % change on previous year | -7.6% |
| 2020 | -4.27 % change on previous year | -276.7% |
| 2021 | 7.78 % change on previous year | -282.1% |
| 2022 | 4.32 % change on previous year | -44.4% |
Costa Rica compared with similar countries
- Costa Rica's 4.32 % change on previous year is above the median for high income countries, which is 3.67 % change on previous year, 1.2× the median. (55 countries reporting)
- Costa Rica's 4.32 % change on previous year is above the median for Latin America & Caribbean, which is 3.87 % change on previous year, 1.1× the median. (26 countries reporting)
Biggest year-on-year movements
Years where Gross domestic product (GDP), annual growth rate (Bolt) 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 |
|---|---|---|---|
| 1944 | -3884.1% | -0.235 % change on previous year | -9.36 % change on previous year |
| 1926 | +2711.4% | -0.4046 % change on previous year | 10.57 % change on previous year |
| 1955 | +1308.8% | 0.8207 % change on previous year | 11.56 % change on previous year |
| 2010 | +616.1% | -0.9982 % change on previous year | 5.15 % change on previous year |
| 1986 | +565.2% | 0.8291 % change on previous year | 5.52 % change on previous year |
| 1932 | -576.1% | -1.19 % change on previous year | -8.03 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1920s | 1.74 % change on previous year | -9.19 % change on previous year | 14.46 % change on previous year | 9 |
| 1930s | 4.33 % change on previous year | -11.78 % change on previous year | 19.07 % change on previous year | 10 |
| 1940s | 4.12 % change on previous year | -10.35 % change on previous year | 18.99 % change on previous year | 10 |
| 1950s | 6.82 % change on previous year | -2.84 % change on previous year | 15.22 % change on previous year | 10 |
| 1960s | 6.97 % change on previous year | 4.18 % change on previous year | 9.05 % change on previous year | 10 |
| 1970s | 6.27 % change on previous year | 2.01 % change on previous year | 8.94 % change on previous year | 10 |
| 1980s | 2.24 % change on previous year | -6.94 % change on previous year | 7.85 % change on previous year | 10 |
| 1990s | 4.65 % change on previous year | 0.99 % change on previous year | 8.82 % change on previous year | 10 |
| 2000s | 4.13 % change on previous year | -0.9982 % change on previous year | 7.96 % change on previous year | 10 |
| 2010s | 3.69 % change on previous year | 2.42 % change on previous year | 5.15 % change on previous year | 10 |
| 2020s | 2.61 % change on previous year | -4.27 % change on previous year | 7.78 % change on previous year | 3 |
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)
- 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)
- IMF holdings of currency, US dollar, per unit of GDP 0.0204 units per US$ of GDP (2025)
Frequently asked questions
- What is gross domestic product (gdp), annual growth rate in Costa Rica?
- Gross domestic product (gdp), annual growth rate in Costa Rica was 4.32 % change on previous year in 2022, according to Statizoid (derived).
- What is the highest gross domestic product (gdp), annual growth rate recorded in Costa Rica?
- The highest recorded value was 19.07 % change on previous year in 1933.
- What is the lowest gross domestic product (gdp), annual growth rate recorded in Costa Rica?
- The lowest recorded value was -11.78 % change on previous year in 1934.
- How does Costa Rica rank for gross domestic product (gdp), annual growth rate?
- Costa Rica ranks 64th out of 166 countries with data for 2022.
- Is gross domestic product (gdp), annual growth rate rising or falling in Costa Rica?
- Over the last ten years it is down 11.4%. The long-run trend across the full record is volatile.
- Where does this Costa Rica data come from?
- The figures come from Statizoid (derived), published as part of Gross domestic product (GDP), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 102 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross domestic product (GDP). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross domestic product (GDP) Bolt and van Zanden – Maddison Project Database 2023 – with major processing by Our World in Data
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Gross domestic product (GDP). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.