1945

With a 3.1% increase in gross domestic product (GDP), Costa Rica resumed the growth which had been interrupted in 1996, when there had been a decline of 0.5%. Macroeconomic variables generally showed improvement, particularly the inflation rate, which fell from 13.9% to 11.2%, and the fiscal deficit, which fell from 3.3% to 1.6%. The latter reflected a special effort to break the political pattern of an expansionist phase during the pre-election period.

Related Subject(s): Economic and Social Development
Countries: Costa Rica
/content/books/9789210582971s003-c006
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