Data at glance of Costa Rica - average on period

variable 1980-1989 1990-1999 2000-2007 2008-2009 2010-2019 2020 2021 2022 2023 2024
real gdp growth 2.51 4.93 4.99 2.24 2.81 7.94 4.55 5.11 4.32 3.44
CPI % 27.17 15.19 11.28 6.75 2.66 1.73 8.28 0.53 -0.41 2.16
Unemployment rate 6.53 5.18 5.97 8.52 11.11 13.68 11.67 7.3 6.88 7.5
Current account balance/GDP % -6.67 -4.22 -4.95 -2.52 -3.43 -3.18 -3.28 -1.43 -1.35 -1.78
Debt/GDP % - 36.55 35.5 27.06 44.19 67.63 62.98 61.12 59.75 59.66

Data derived from World Economic Outlook Database. To see main macroeconomic indicator in graphs click here

History

Although explored by the Spanish early in the 16th century, initial attempts at colonizing Costa Rica proved unsuccessful due to a combination of factors, including disease from mosquito-infested swamps, brutal heat, resistance from Indigenous populations, and pirate raids. It was not until 1563 that a permanent settlement of Cartago was established in the cooler, fertile central highlands. The area remained a colony for some two-and-a-half centuries. In 1821, Costa Rica was one of several Central American provinces that jointly declared independence from Spain. Two years later it joined the United Provinces of Central America, but this federation disintegrated in 1838, at which time Costa Rica proclaimed its sovereignty and independence. Since the late 19th century, only two brief periods of violence have marred the country's democratic development. General Federico TINOCO Granados led a coup in 1917, but the threat of US intervention pushed him to resign in 1919. In 1948, landowner Jose FIGUERES Ferrer raised his own army and rebelled against the government. The brief civil war ended with an agreement to allow FIGUERES to remain in power for 18 months, then step down in favor of the previously elected Otilio ULATE. FIGUERES was later elected twice in his own right, in 1953 and 1970. Costa Rica experienced destabilizing waves of refugees from Central American civil wars in the 1970s and 1980s, but peace in the region has since helped the economy rebound.  Although it still maintains a large agricultural sector, Costa Rica has expanded its economy to include strong technology and tourism industries.

Environment

Area: 51,100 km2

Climate: tropical and subtropical; dry season (December to April); rainy season (May to November); cooler in highlands

Natural resources: hydropower

Ethnic characteristics

Groups: White or Mestizo 83.6%, Mulatto 6.7%, Indigenous 2.4%, Black or African descent 1.1%, other 1.1%, none 2.9%, unspecified 2.2% (2011 est.)

Languages: Spanish (official), Englishmajor-language sample(s): La Libreta Informativa del Mundo, la fuente indispensable de información básica. (Spanish)The World Factbook, the indispensable source for basic information.

Religions: Roman Catholic 47.5%, Evangelical and Pentecostal 19.8%, Jehovah's Witness 1.4%, other Protestant 1.2%, other 3.1%, none 27% (2021 est.)

Government

Capital: San José

Government type: presidential republic

Executive branch

Chief of state: President Rodrigo CHAVES Robles (since 8 May 2022)

Head of government: President Rodrigo CHAVES Robles (since 8 May 2022)cabinet: Cabinet selected by the presidentelection/appointment process: president and vice presidents directly elected on the same ballot by modified majority popular vote (40% threshold) for a 4-year term (eligible for non-consecutive terms)most recent election date: 6 February 2022, with a runoff on 3 April 2022election results: 2022: Rodrigo CHAVES Robles elected president in second round; percent of vote in first round - Jose Maria FIGUERES Olsen (PLN) 27.3%, Rodrigo CHAVES Robles (PPSD) 16.8%, Fabricio ALVARADO Munoz (PNR) 14.9%, Eliecer FEINZAIG Mintz (PLP) 12.4%, Lineth SABORIO Chaverri (PUSC) 12.4%, Jose Maria VILLALTA Florez-Estrada 8.7% (PFA), other 7.5%; percent of vote in second round - Rodrigo CHAVES Robles (PPSD) 52.8%, Jose Maria FIGUERES Olsen (PLN) 47.2%2018: Carlos ALVARADO Quesada elected president in second round; percent of vote in first round - Fabricio ALVARADO Munoz (PRN) 25%; Carlos ALVARADO Quesada (PAC) 21.6%; Antonio ALVAREZ (PLN) 18.6%; Rodolfo PIZA (PUSC) 16%; Juan Diego CASTRO (PIN) 9.5%; Rodolfo HERNANDEZ (PRSC) 4.9%, other 4.4%; percent of vote in second round - Carlos ALVARADO Quesada (PAC) 60.7%; Fabricio ALVARADO Munoz (PRN) 39.3%expected date of next election: 1 February 2026 (a runoff, if needed, will take place in April 2026)note: the president is both chief of state and head of government

Legislative branch

Description: legislature name: Legislative Assembly (Asamblea Legislativa)legislative structure: unicameralnumber of seats: 57 (all directly elected)electoral system: proportional representationscope of elections: full renewalterm in office: 4 yearsmost recent election date: 2/6/2022parties elected and seats per party: National Liberation Party (PLN) (19); Democratic Social Progress Party (PPSD) (10); Christian Social Unity Party (USC) (9); New Republic Party (NR) (7); Broad Front (FA) (6); Progressive Liberal Party (LP) (6)percentage of women in chamber: 49.1%expected date of next election: February 2026

Information derived by "The World Factbook 2021. Washington, DC: Central Intelligence Agency, 2021. https://www.cia.gov/the-world-factbook/"