Costa Rica GDP Annual Progress Charge

Costa Rica’s GDP superior 5.6 % year-on-year within the third quarter of 2023, slowing from the upwardly revised 5.7 % enlargement within the earlier quarter. Output expanded for building (28.1 % vs 19.1 % in Q2), transportation actions (2.Eight % vs 2.7 %) and retail gross sales (3.9 % vs 2.6 %). In the meantime, development slowed for mining (5.7 % vs 5.Eight %), agriculture (1.5 % vs 2.1), manufacturing sector (7.5 % vs 8.Eight %), utilities (0.5 % vs 1.6 %) and communications (5.9 % vs 6.2 %). supply: Central Financial institution of Costa Rica

The Gross Home Product (GDP) in Costa Rica expanded 5.60 % within the third quarter of 2023 over the identical quarter of the earlier 12 months. GDP Annual Progress Charge in Costa Rica averaged 4.29 % from 1992 till 2023, reaching an all time excessive of 11.20 % within the third quarter of 2021 and a report low of -7.00 % within the second quarter of 2020. This web page supplies the newest reported worth for – Costa Rica GDP Annual Progress Charge – plus earlier releases, historic excessive and low, short-term forecast and long-term prediction, financial calendar, survey consensus and information. Costa Rica GDP Annual Progress Charge – knowledge, historic chart, forecasts and calendar of releases – was final up to date on December of 2023.

The Gross Home Product (GDP) in Costa Rica expanded 5.60 % within the third quarter of 2023 over the identical quarter of the earlier 12 months. GDP Annual Progress Charge in Costa Rica is anticipated to be 6.20 % by the tip of this quarter, in response to Buying and selling Economics world macro fashions and analysts expectations.

The largest sector of Costa Rica’s economic system is providers, which accounts for 63 % of GDP. Inside providers crucial segments are: transport, communication and warehousing (16 % of GDP); commerce, eating places and accommodations (15 %) and group, private and social providers (9 %). Manufacturing, mining and quarrying create 21 % of the wealth. Agriculture, forestry and fishing contribute for 9 % of the output and building and water and electrical energy distribution for the remaining 7 %.