The Gross Domestic Product (GDP) in Costa Rica contracted 1.60 percent in the first quarter of 2020 over the previous quarter.
GDP Growth Rate in Costa Rica averaged 1.04 percent from 1991 until 2020, reaching an all time high of 4.20 percent in the third quarter of 1992 and a record low of -2.30 percent in the first quarter of 2009. This page provides the latest reported value for - Costa Rica GDP Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Costa Rica GDP Growth Rate - values, historical data and charts - was last updated on September of 2020. source: Central Bank Of Costa Rica
GDP Growth Rate in Costa Rica is expected to be -1.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Growth Rate in Costa Rica to stand at 1.30 in 12 months time. In the long-term, the Costa Rica GDP Growth Rate is projected to trend around 1.80 percent in 2021 and 1.70 percent in 2022, according to our econometric models.