Tuesday, October 30, 2018

Costa Rica Economy


Costa Rica has a population of 4,953,199 with a land area of 19,730 square miles.

Nominal GDP is $58.91 billion. GDP growth is 3.8%. Per capita GDP is $17,200. Labor force is 2.229 million. Unemployment is 8.1%. Poverty is 21.7%. Inflation is 1.7%.

Exports are $10.55 billion and include bananas, pineapples, coffee, melons, ornamental plants, sugar; beef; seafood; electronic components, medical equipment  sold to US 41%, Netherlands 5.8%, Panama 5.7%, Belgium 5.4%, Nicaragua 5.2%, Guatemala 5.2%.

Imports are $15.55 billion and include raw materials, consumer goods, capital equipment, petroleum, construction materials bought from US 37.1%, China 13.5%, Mexico 6.9%.

Government debt is 66.2% of GDP. Government revenue is $8.262 billion. Spending is $11.34 billion. External debt is $25.83 billion. Reserves are $7.523 billion.


Norb Leahy, Dunwoody GA Tea Party Leader

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