Value of imported goods as a share of GDP in Costa Rica
Costa Rica: Value of imported goods as a share of GDP was 24.7% in 2024. ▲ Rising
Value of imported goods as a share of GDP in Costa Rica, 1960–2024
Source: International Monetary Fund (2025); National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with major processing by Our World in Data. Measured in %.
Analysis
In 2024, value of imported goods as a share of gdp in Costa Rica stood at 24.7%.
Compared with earlier readings it is down 3.9% on the previous year and down 23.2% over ten years.
Over the whole period, value of imported goods as a share of gdp in Costa Rica peaked at 49.4% in 2006 and was at its lowest, 18.7%, in 1960.
Costa Rica ranks 132nd of 201 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 65 years of available data.
Value of imported goods as a share of GDP in Costa Rica, year by year
| Year | % | Change |
|---|---|---|
| 1960 | 18.7% | — |
| 1961 | 18.8% | +1.0% |
| 1962 | 20.1% | +6.5% |
| 1963 | 20.7% | +3.1% |
| 1964 | 22.3% | +7.5% |
| 1965 | 26.5% | +19.1% |
| 1966 | 24.3% | -8.3% |
| 1967 | 24.5% | +0.7% |
| 1968 | 24.8% | +1.3% |
| 1969 | 25.7% | +3.6% |
| 1970 | 28.7% | +11.7% |
| 1971 | 29.4% | +2.5% |
| 1972 | 27.6% | -6.1% |
| 1973 | 27.1% | -1.8% |
| 1974 | 39.5% | +45.5% |
| 1975 | 32.5% | -17.6% |
| 1976 | 29.6% | -9.1% |
| 1977 | 31.0% | +4.9% |
| 1978 | 28.9% | -6.9% |
| 1979 | 32.6% | +13.0% |
| 1980 | 28.8% | -11.8% |
| 1981 | 43.7% | +51.6% |
| 1982 | 32.7% | -25.0% |
| 1983 | 29.8% | -8.9% |
| 1984 | 28.1% | -5.9% |
| 1985 | 26.1% | -6.8% |
| 1986 | 24.1% | -7.7% |
| 1987 | 28.5% | +18.0% |
| 1988 | 28.9% | +1.3% |
| 1989 | 31.4% | +8.8% |
| 1990 | 35.0% | +11.5% |
| 1991 | 25.3% | -27.8% |
| 1992 | 32.1% | +27.1% |
| 1993 | 32.5% | +1.1% |
| 1994 | 28.5% | -12.4% |
| 1995 | 27.3% | -4.0% |
| 1996 | 30.2% | +10.3% |
| 1997 | 29.6% | -2.0% |
| 1998 | 31.0% | +4.9% |
| 1999 | 28.5% | -8.0% |
| 2000 | 27.7% | -2.9% |
| 2001 | 26.1% | -5.7% |
| 2002 | 28.0% | +7.4% |
| 2003 | 43.7% | +56.0% |
| 2004 | 43.7% | -0.1% |
| 2005 | 47.7% | +9.1% |
| 2006 | 49.4% | +3.6% |
| 2007 | 47.0% | -4.9% |
| 2008 | 48.1% | +2.4% |
| 2009 | 35.3% | -26.6% |
| 2010 | 35.2% | -0.3% |
| 2011 | 37.1% | +5.4% |
| 2012 | 36.4% | -1.9% |
| 2013 | 35.6% | -2.3% |
| 2014 | 32.1% | -9.6% |
| 2015 | 26.8% | -16.5% |
| 2016 | 25.3% | -5.7% |
| 2017 | 25.5% | +0.7% |
| 2018 | 26.0% | +2.1% |
| 2019 | 24.1% | -7.5% |
| 2020 | 22.0% | -8.5% |
| 2021 | 27.6% | +25.1% |
| 2022 | 30.1% | +9.0% |
| 2023 | 25.7% | -14.6% |
| 2024 | 24.7% | -3.9% |
Costa Rica compared with similar countries
- Costa Rica's 24.7% is below the median for high income countries, which is 30.7%, 80% of the median. (73 countries reporting)
- Costa Rica's 24.7% is below the median for Latin America & Caribbean, which is 29.6%, 83% of the median. (36 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 22.6% | 18.7% | 26.5% | 10 |
| 1970s | 30.7% | 27.1% | 39.5% | 10 |
| 1980s | 30.2% | 24.1% | 43.7% | 10 |
| 1990s | 30.0% | 25.3% | 35.0% | 10 |
| 2000s | 39.7% | 26.1% | 49.4% | 10 |
| 2010s | 30.4% | 24.1% | 37.1% | 10 |
| 2020s | 26.0% | 22.0% | 30.1% | 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)
- 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 value of imported goods as a share of gdp in Costa Rica?
- Value of imported goods as a share of gdp in Costa Rica was 24.7% in 2024, according to International Monetary Fund (2025); National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with major processing by Our World in Data.
- What is the highest value of imported goods as a share of gdp recorded in Costa Rica?
- The highest recorded value was 49.4% in 2006.
- What is the lowest value of imported goods as a share of gdp recorded in Costa Rica?
- The lowest recorded value was 18.7% in 1960.
- How does Costa Rica rank for value of imported goods as a share of gdp?
- Costa Rica ranks 132nd out of 201 countries with data for 2024.
- Is value of imported goods as a share of gdp rising or falling in Costa Rica?
- Over the last ten years it is down 23.2%. 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 (2025); National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with major processing by Our World in Data, published as part of Value of imported goods as a share of GDP. Statizoid updates them automatically from the source API.
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About this data
Value of a country’s total goods imports, including freight and insurance costs, as a percentage of a country’s gross domestic product (GDP).