Costa Rica Coffee Guide

Costa Rican economy grows more than regional average in 2012

December 12, 2012

The Costa Rican economy will finish the year with 5 percent growth, a figure that is above the 3.2 percent average for Latin America, according to the Economic Commission for Latin America and the Caribbean (ECLAC).

The most dynamic sectors are transport, storage and telecommunications services, financial intermediation, insurance, real estate and manufacturing.

The study also says the government fiscal deficit will close at 4.5 percent. The fiscal deficit in November was 4 percent.

ECLAC predicted the country’s growth will drop to 3.5 percent next year.

In August, Costa Rica’s Central Bank predicted growth of 4.8 percent in 2012.

You may be interested

Chirripó National Park to reopen October 30
Costa Rica
1705 views
Costa Rica
1705 views

Chirripó National Park to reopen October 30

Alejandro Zúñiga - September 28, 2020

Chirripó National Park will reopen for tourists on October 30, the National System of Conservation Areas (SINAC) announced Monday. Visitors…

Costa Rica coronavirus updates for Monday, September 28
Costa Rica
5566 views
Costa Rica
5566 views

Costa Rica coronavirus updates for Monday, September 28

Alejandro Zúñiga - September 28, 2020

Costa Rica announced 49 new coronavirus-related deaths since Friday for a total of 861, according to official data released Monday…

SJO airport improvements delayed, report says
Costa Rica
6709 views
Costa Rica
6709 views

SJO airport improvements delayed, report says

Alejandro Zúñiga - September 28, 2020

The operator of Costa Rica's Juan Santamaría International Airport (SJO) will suspend planned improvements for several years due to the…