HistoryCentral · Nation by Nation
HistoryCentral Est. 1996
Flag of Costa Rica
flag — Costa Rica
Nation by Nation

Costa Rica

Economy

$95.4 billion
GDP
World Bank · 2024
$18,587
GDP / Capita
World Bank · 2024
+4.3%
GDP Growth
World Bank · 2024
6.9%
Unemployment
World Bank · 2024

Costa Rica is one of Latin America's most stable and prosperous nations, an upper-middle-income economy that abolished its army in 1948 and built a reputation for democracy, education, and environmental leadership.

It has moved from agriculture toward high-value manufacturing, medical devices, and services, attracting foreign investment, and is a global pioneer in ecotourism and conservation.

Key Sectors

Key sectors include medical devices and electronics manufacturing, ecotourism (a global model), agriculture (coffee, bananas, pineapples), and business services, powered almost entirely by renewable electricity.

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