HomeTopicsBusinessCosta Rica is the most expensive destination in Central America, says WEF

Costa Rica is the most expensive destination in Central America, says WEF

Costa Rica might be relatively expensive but the World Economic Forum’s Travel and Tourism Competitiveness Index 2015 said the land of “pura vida” was worth the money.

The report released in May showed that Costa Rica is the most expensive destination on the isthmus but also one of its best values. Costa Rica ranked 42nd in the world on the global ranking, behind Mexico (30) and Panama (34) in the region.

Security, business environment and natural resources were all strong suits for Costa Rica. Ticolandia was one of the safest destinations in North America and the Caribbean, outscoring the United States (5.32), Panama (5.03), and Nicaragua (5.14).

Despite concerns from many Costa Ricans in the tourism sector about their ascendant neighbors poaching tourists — especially Nicaragua — the WEF reported that these countries still have a ways to go. Honduras, El Salvador and Nicaragua ranked 90th through 92nd, in that order.

Meanwhile, price competitiveness and infrastructure left something to be desired.

Costa Rica (4.4) was the most expensive option in Central America and ranked in the most expensive six countries out of the 15 surveyed in North America and the Caribbean, scoring slightly better than the United States (4.27).

WEF ranked Costa Rica’s ground and port infrastructure (2.86) as the second worst in North America and the Caribbean, ahead only of Haiti (2.13). Airport infrastructure was relatively strong compared to its Central American rivals but did not fare well compared to Mexico and Caribbean destinations, like Trinidad and Tobago or Barbados.

Where Costa Rica fell behind in physical infrastructure, the country made up for in tourism services. The country was fifth best in the region and significantly more advanced in tourism services than its neighbors.

The region as a whole did very poorly when it came to promoting its cultural resources for visitors. The report noted that many countries over rely on their beaches and wildlife instead of culture heritage. In March, Vice President Ana Helena Chacón announced an executive decree to promote Costa Rican cuisine as an avenue to attract foodies to the country along with beach bums and hikers.

Spain topped the 2015 list, followed in descending order by France, Germany, the United States and the United Kingdom.

Angola, Guinea and Chad were the lowest scoring countries this year.

Trending Now

Costa Rican Influencer Julián Valverde Released by ICE Without Bond

Costa Rican content creator Julián Valverde was released from U.S. Immigration and Customs Enforcement custody in Florida on Sunday, Sept. 20, after five days...

Five More Arrested as Costa Rica Steps Up Sea Turtle Protection at Ostional

Five more people have been detained during sea turtle protection operations at Ostional National Wildlife Refuge in Guanacaste, bringing the number of people arrested...

New Costa Rica Law Requires Wildlife Crossings on Public Infrastructure

Costa Rica now has a law requiring wildlife crossings on public infrastructure projects, but the regulation that will actually put it into practice could...

OAS Countries Seek October Meeting to Consider Measures Against Nicaragua

A group of five countries in the Organization of American States (OAS) is proposing that the region’s foreign ministers meet on October 2 to...

Tropical Wave 47 Brings Afternoon Storms to Costa Rica This Weekend

Tropical Wave 47 brings afternoon storms across Costa Rica today, with heaviest rain in the north and central mountains. Plan outdoor time early.

Costa Rica Proposes 15% Tax on Certain Foreign Income

Costa Rica has proposed a 15% tax on certain passive income earned abroad, including interest, dividends, rents and capital gains. The measure is not yet law

Fernández Says “I Am the President” Amid Backlash Over Tovar Firing

President Laura Fernández has delivered her strongest defense yet of the sudden firing of Foreign Minister Manuel Tovar, warning her entire Cabinet that major...

Who is behind Costa Rica’s proposed AI data centers?

Two AI data centers seek vast power and water in Costa Rica. Who is financing them is still unknown.

Saved by the Bell Star Mario Lopez Films Campaign in Costa Rica

Mario Lopez, the actor best known as A.C. Slater on the 1990s sitcom "Saved by the Bell," is in Costa Rica filming a campaign...
🌴 The Weekly Pura Vida

Costa Rica, Once a Week

The week's top stories, weather & insider tips — delivered every Sunday. One email, zero clutter.

🔒 Free. No spam. Unsubscribe anytime.

Loading…

Latest News from Costa Rica

Costa Rica Coffee Maker Chorreador
Costa Rica Car Rentals
Costa Rica Travel Insurance
Costa Rica Travel