Machinery and transport equipment in Costa Rica
Costa Rica: Machinery and transport equipment was 7.5% in 2023. ◆ Volatile
Machinery and transport equipment in Costa Rica, 1963–2023
Source: International Yearbook of Industrial Statistics, UN Industrial Development Organization (UNIDO). Measured in % of value added in manufacturing.
Analysis
The most recent figure for machinery and transport equipment in Costa Rica is 7.5%, measured in 2023.
That represents a change of down 15.6% on the previous year and down 64.4% over ten years.
Over the whole period, machinery and transport equipment in Costa Rica peaked at 33.1% in 2021 and was at its lowest, 1.4%, in 1964.
Costa Rica ranks 78th of 149 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.
Machinery and transport equipment in Costa Rica, year by year
| Year | % of value added in manufacturing | Change |
|---|---|---|
| 1963 | 1.4% | — |
| 1964 | 1.4% | -3.7% |
| 1965 | 2.3% | +67.4% |
| 1966 | 3.1% | +32.8% |
| 1967 | 3.3% | +8.9% |
| 1968 | 3.6% | +8.0% |
| 1969 | 4.4% | +22.7% |
| 1970 | 4.4% | -1.2% |
| 1971 | 4.9% | +13.1% |
| 1972 | 4.8% | -2.5% |
| 1973 | 4.4% | -9.1% |
| 1974 | 4.3% | -2.4% |
| 1975 | 4.1% | -4.1% |
| 1976 | 4.4% | +7.3% |
| 1977 | 4.7% | +6.1% |
| 1978 | 5.0% | +7.0% |
| 1979 | 4.9% | -1.4% |
| 1980 | 4.9% | +0.2% |
| 1981 | 4.6% | -6.4% |
| 1982 | 4.5% | -3.5% |
| 1983 | 3.1% | -30.7% |
| 1984 | 3.3% | +5.7% |
| 1985 | 2.7% | -16.7% |
| 1986 | 3.0% | +9.9% |
| 1987 | 3.4% | +15.4% |
| 1988 | 3.0% | -11.9% |
| 1989 | 3.0% | +0.1% |
| 1990 | 3.1% | +1.6% |
| 1991 | 6.6% | +113.0% |
| 1992 | 7.3% | +10.5% |
| 1993 | 7.3% | +0.1% |
| 1994 | 7.2% | -0.5% |
| 1995 | 6.9% | -4.7% |
| 1996 | 7.2% | +3.9% |
| 1997 | 7.9% | +10.2% |
| 1998 | 7.5% | -4.9% |
| 1999 | 7.9% | +4.8% |
| 2000 | 8.6% | +9.6% |
| 2001 | 9.2% | +6.7% |
| 2002 | 11.9% | +29.1% |
| 2003 | 13.6% | +14.5% |
| 2004 | 15.7% | +15.4% |
| 2005 | 15.7% | +0.1% |
| 2006 | 16.8% | +6.7% |
| 2007 | 17.1% | +1.8% |
| 2008 | 17.4% | +2.0% |
| 2009 | 18.9% | +8.4% |
| 2010 | 18.9% | -0.0% |
| 2011 | 19.1% | +1.4% |
| 2012 | 20.8% | +8.9% |
| 2013 | 21.1% | +1.3% |
| 2014 | 20.4% | -3.3% |
| 2015 | 18.2% | -10.7% |
| 2016 | 21.6% | +18.7% |
| 2017 | 27.4% | +26.8% |
| 2018 | 29.7% | +8.4% |
| 2019 | 30.7% | +3.1% |
| 2020 | 30.8% | +0.4% |
| 2021 | 33.1% | +7.7% |
| 2022 | 8.9% | -73.1% |
| 2023 | 7.5% | -15.6% |
Costa Rica compared with similar countries
- Costa Rica's 7.5% is below the median for high income countries, which is 20.4%, 37% of the median. (56 countries reporting)
- Costa Rica's 7.5% is above the median for Latin America & Caribbean, which is 4.0%, 1.9× the median. (24 countries reporting)
Biggest year-on-year movements
Years where Machinery and transport equipment 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 |
|---|---|---|---|
| 1991 | +113.0% | 3.1% | 6.6% |
| 2022 | -73.1% | 33.1% | 8.9% |
| 1965 | +67.4% | 1.4% | 2.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 2.8% | 1.4% | 4.4% | 7 |
| 1970s | 4.6% | 4.1% | 5.0% | 10 |
| 1980s | 3.6% | 2.7% | 4.9% | 10 |
| 1990s | 6.9% | 3.1% | 7.9% | 10 |
| 2000s | 14.5% | 8.6% | 18.9% | 10 |
| 2010s | 22.8% | 18.2% | 30.7% | 10 |
| 2020s | 20.1% | 7.5% | 33.1% | 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 machinery and transport equipment in Costa Rica?
- Machinery and transport equipment in Costa Rica was 7.5% in 2023, according to International Yearbook of Industrial Statistics, UN Industrial Development Organization (UNIDO).
- What is the highest machinery and transport equipment recorded in Costa Rica?
- The highest recorded value was 33.1% in 2021.
- What is the lowest machinery and transport equipment recorded in Costa Rica?
- The lowest recorded value was 1.4% in 1964.
- How does Costa Rica rank for machinery and transport equipment?
- Costa Rica ranks 78th out of 149 countries with data for 2023.
- Is machinery and transport equipment rising or falling in Costa Rica?
- Over the last ten years it is down 64.4%. The long-run trend across the full record is volatile.
- Where does this Costa Rica data come from?
- The figures come from International Yearbook of Industrial Statistics, UN Industrial Development Organization (UNIDO), published as part of Machinery and transport equipment (% of value added in manufacturing). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 61 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Machinery and transport equipment manufacturing includes industries classified in ISIC (Rev. 3) divisions 29-35. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator is expressed as a percentage of value added in manufacturing which is the contribution to the economy by the manufacturing sector (ISIC Rev. 3 major division D).