Volume of remittances (in United States dollars) as a proportion of in Costa Rica
Costa Rica: Volume of remittances (in United States dollars) as a proportion of was 0.8% in 2024. ▼ Falling
Volume of remittances (in United States dollars) as a proportion of in Costa Rica, 2000–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
The most recent figure for volume of remittances (in united states dollars) as a proportion of in Costa Rica is 0.8%, measured in 2024. That is the lowest value across all 25 years on record.
The figure is down 0.7% on the previous year and down 33.4% over ten years.
Over the whole period, volume of remittances (in united states dollars) as a proportion of in Costa Rica peaked at 2.3% in 2007 and was at its lowest, 0.8%, in 2024.
Costa Rica ranks 143rd of 203 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 25 years of available data.
Volume of remittances (in United States dollars) as a proportion of in Costa Rica, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 0.9% | — |
| 2001 | 1.2% | +37.1% |
| 2002 | 1.5% | +21.7% |
| 2003 | 1.9% | +22.9% |
| 2004 | 1.7% | -7.6% |
| 2005 | 2.1% | +22.2% |
| 2006 | 2.3% | +7.7% |
| 2007 | 2.3% | +1.7% |
| 2008 | 2.0% | -14.6% |
| 2009 | 1.7% | -15.0% |
| 2010 | 1.4% | -15.6% |
| 2011 | 1.2% | -13.7% |
| 2012 | 1.2% | -2.1% |
| 2013 | 1.2% | -1.7% |
| 2014 | 1.1% | -2.5% |
| 2015 | 1.0% | -14.3% |
| 2016 | 0.9% | -5.2% |
| 2017 | 0.9% | -0.1% |
| 2018 | 0.9% | -7.7% |
| 2019 | 0.9% | +0.5% |
| 2020 | 0.8% | -2.1% |
| 2021 | 0.9% | +8.7% |
| 2022 | 0.9% | -2.1% |
| 2023 | 0.8% | -14.6% |
| 2024 | 0.8% | -0.7% |
Costa Rica compared with similar countries
- Costa Rica's 0.8% is above the median for high income countries, which is 0.7%, 1.0× the median. (66 countries reporting)
- Costa Rica's 0.8% is below the median for Latin America & Caribbean, which is 2.8%, 27% of the median. (35 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.8% | 0.9% | 2.3% | 10 |
| 2010s | 1.1% | 0.9% | 1.4% | 10 |
| 2020s | 0.8% | 0.8% | 0.9% | 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 volume of remittances (in united states dollars) as a proportion of in Costa Rica?
- Volume of remittances (in united states dollars) as a proportion of in Costa Rica was 0.8% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest volume of remittances (in united states dollars) as a proportion of recorded in Costa Rica?
- The highest recorded value was 2.3% in 2007.
- What is the lowest volume of remittances (in united states dollars) as a proportion of recorded in Costa Rica?
- The lowest recorded value was 0.8% in 2024.
- How does Costa Rica rank for volume of remittances (in united states dollars) as a proportion of?
- Costa Rica ranks 143rd out of 203 countries with data for 2024.
- Is volume of remittances (in united states dollars) as a proportion of rising or falling in Costa Rica?
- Over the last ten years it is down 33.4%. The long-run trend across the full record is falling.
- Where does this Costa Rica data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Volume of remittances (in United States dollars) as a proportion of total GDP (%). Statizoid updates them automatically from the source API.
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