Costa Rica recorded a government debt equivalent to 69.60 percent of the country's Gross Domestic Product in 2018. Government Debt to GDP in Costa Rica averaged 55.18 percent from 1991 until 2018, reaching an all time high of 69.66 percent in 1991 and a record low of 38.04 percent in 2008.

Government Debt to GDP in Costa Rica is expected to be 70.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Costa Rica Government Debt to GDP is projected to trend around 65.00 percent in 2020, according to our econometric models.

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Costa Rica Government Debt to GDP

Actual Previous Highest Lowest Dates Unit Frequency
69.60 64.30 69.66 38.04 1991 - 2018 percent Yearly

Costa Rica Government Debt to GDP
Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields.

Costa Rica Government Last Previous Highest Lowest Unit
Government Debt to GDP 69.60 64.30 69.66 38.04 percent [+]
Government Budget -5.90 -5.40 0.60 -5.90 percent of GDP [+]
Government Budget Value -1994012.90 -1704515.90 166539.98 -2038511.60 CRC Million [+]
Government Spending 1175888.30 1185245.50 1185245.50 579326.00 CRC Million [+]
Government Revenues 4237624.50 3803283.40 4956655.30 117111.90 CRC Million [+]
Fiscal Expenditure 6231637.40 5507799.30 6995166.90 165441.00 CRC Million [+]
Credit Rating 38.00 [+]