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 Rica Tourism Loses 20,000 Jobs as Strong Colón Squeezes Small Operators

Costa Rica's tourism sector employs 20,137 fewer people than two years ago, with microbusinesses hit hardest as the strong colón erodes margins.

Costa Rica Could Be Home to More Than 40,000 Fungal Species, Study Finds

Costa Rica is known around the world for monkeys, sloths, toucans, sea turtles and an enormous variety of plants, but one of the richest...

Costa Rica Camera Traps Capture Margay, Pumas and River Otters

Over the last few years, I’ve worked my way up to the point where I have enough camera traps monitoring little patches of Costa...

Costa Rica Proposes Ending Electric Vehicle Tax Breaks

Anyone thinking about buying an electric vehicle in Costa Rica could eventually face a much higher tax bill under a new government proposal that...

Demolished Pavones Restaurant owner releases book about the experience

For nearly two decades, Nicholas Cena has called Pavones, Costa Rica, home. What began as a visit to see his sister eventually became a...

Panama Rescues Three Costa Rican Fishermen After Six Days Adrift in the Caribbean

Three Limón fishermen missing since Sept. 21 were found alive off Panama's Caribbean coast after their boat's engine failed and a cellphone call to 911 led rescuers to them.

Tovar Firing Leaves Costa Rica Without a Foreign Minister for UN Speech

Costa Rica is days from its UN General Assembly address with no confirmed speaker, as a timeline of the Trump meeting dispute and warnings from former diplomats raise new questions.

Water Rationing Hits 74 Communities as El Niño Dries Out Costa Rica’s Pacific Side

If you live on Costa Rica's northern Pacific side, your tap may already be running on a schedule. Community water systems in 74 communities...

Atlantic Reaches Late September Without a Hurricane for the First Time Since 1914

The Atlantic Ocean has reached late September without producing a single hurricane, something that has not happened in 112 years. As of this morning,...
🌴 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