Costa Rica

Having contracted by 1.3% in 2009, the real GDP of Costa Rica grew by 4.2% in 2010. This upturn is attributable to the strong performance of exports and a moderate expansion in consumption and gross investment. Per capita GDP grew by 2.8%, thus reversing the 2.6% fall sustained in 2009. Inflation stood at 5.8% at the end of the year, which is within the target range announced by the central bank at the beginning of the year. The open unemployment rate improved, standing at 7.3% compared with 8.4% in 2009. The central government balance continued to deteriorate and closed the year at a figure equivalent to 5.2% of GDP, compared with 3.4% in 2009. The balance-of-payments current account deficit widened considerably to 3.6% from 2% in 2009.

Sustainable Development Goals:

Decent Work and Economic Growth

Industry, Innovation and Infrastructure

Peace, Justice and Strong Institutions