1945

Costa Rica’s economy contracted by 1.1% in 2009 —the first yearly decline in the past two decades— and per capita GDP fell by 2.3%. The 30% drop in gross domestic investment and the 6.4% decline in external demand were offset in part by a 2.1% rise in consumption. The unemployment rate rose to 7.8%. The central government deficit posted a substantial increase, to 3.4% of GDP. The annual inflation figure at the end of 2009, 4%, was considerably less than the previous year’s, and the current account deficit fell to the equivalent of 2.2% of GDP.

Related Subject(s): Economic and Social Development
Countries: Costa Rica
/content/books/9789210545808s006-c001
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