Costa Rica
- Author: Economic Commission for Latin America and the Caribbean
- Main Title: Economic Survey of Latin America and the Caribbean 2003-2004 , pp 213-219
- Publication Date: December 2004
- DOI: https://doi.org/10.18356/f765b6b1-en
- Language: English
After three years of low growth, the Costa Rican economy showed an upturn in 2003. The macroeconomic context was stable, despite persistent domestic and external vulnerability that was mainly due to the chronic fiscal imbalance. Real gross domestic product (GDP) rose by 6.5% (5.7% excluding the high-technology sector), mainly on the strength of the considerable expansion in goods and services exports (12.5%) following their modest recovery in 2002. Growth in domestic demand (1.3%), on the other hand, slowed down for the second year in a row. Per capita national disposable income grew by only 2.4%, owing to the sharp increase (79.2%) in the repatriation of profits and dividends associated with foreign direct investment.
© United Nations
ISBN (PDF):
9789211555202
Book DOI:
https://doi.org/10.18356/72d77e9d-en
Related Subject(s):
Economic and Social Development
Sustainable Development Goals:
Countries:
Costa Rica
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