No menu items!

COSTA RICA'S LEADING ENGLISH LANGUAGE NEWSPAPER

HomeTopicsBusinessMore than 1.1 million Costa Ricans live in poverty

More than 1.1 million Costa Ricans live in poverty

More than 1.1 million Costa Ricans live in poverty, according to the latest household survey from the National Statistics and Census Institute (INEC), released Thursday.

Extreme poverty reached its highest recorded rate in the last six years, according to the annual report on poverty in Costa Rica.

The 2015 Household Survey reported an overall poverty rate of 21.7 percent, slightly lower than the 22.4 percent reported in 2014. Meanwhile, extreme poverty continues to rise — from 5.8 percent of the population in 2010 to 7.2 percent in 2015.

The report was a mixed bag for the country, depending on location. Income for rural families was up 4.1 percent, to an average of ₡678,682 ($1,285) per month, but urban families saw a 1.2 percent decrease in income, to ₡1,125,672 per month ($2,100). The GINI coefficient, which measures inequality, remained steady at 0,516 overall but rose in rural areas over the past year, indicating a wider income gap.

Public assistance to poor families also increased during the last year by 9.3 percent per household on average and 6.9 percent per person.

The report had some clear positive notes. Households in the Chorotega region — the area made up of Guanacaste province and the lower part of the Nicoya peninsula that belongs to Puntarenas — saw a nearly 22 percent jump in income over the previous year, to ₡830,707 per month or roughly $1,550. The rise in income was mirrored by a drop in poverty from 33.2 percent in 2104 to 27 percent in 2015.

Extreme poverty there fell from 12.1 percent in 2014 to 10.4 percent in 2015. INEC reported that improved employment indicators and a reduction in the average household size were contributors to the spike in income.

INEC also released a profile of Costa Rica’s poor. Poor Costa Ricans are more likely to live in a single-mother household and have a higher-than-average number of children under 5 years old and dependents (children under 14 years old or adults over 65 years old living in the same home). More than 77 percent of poor Costa Ricans work in the informal sector and have roughly three years less schooling than their peers who are not poor.

Trending Now

Costa Rica Adds Crocodile Warning Signs at Beaches and Rivers

Costa Rica has begun installing 55 warning signs at beaches, rivers, national parks and conservation areas where crocodiles and caimans are known to live,...

Why Costa Rica’s Colón Stays Strong and the Dollar Keeps Falling

The International Monetary Fund (IMF) has reclassified Costa Rica's de facto exchange-rate regime from a "managed float" to a "stabilized" arrangement, pointing to the...

Costa Rica Road to Fully Reopen Monday After Month-Long Closure

Costa Rica's Route 27 is expected to reopen in both directions for all vehicles at 5 a.m. Monday, bringing major relief to drivers heading...

The View’s Ana Navarro Shares Warm Tribute to Costa Rica

Ana Navarro, the Nicaraguan-born political commentator known for her work on ABC’s The View and CNN, recently shared a warm public tribute to Costa...

Costa Rica Bull Shark Festival Highlights Tourism and Conservation

Playas del Coco will host the Festival del Tiburón Toro from tomorrow July 3 until Sunday the 5th, bringing researchers, divers, students, tourism businesses...

Costa Rica Bill Could Make Some Small Loans More Expensive

A government-backed bill moving through Costa Rica’s Legislative Assembly could make some small consumer loans more expensive by shifting them into a category that...

Argentina Leads Latin Push as Wimbledon Day 2 Opens

Latin America’s Wimbledon campaign moves into a crowded second wave Tuesday, with nine singles players from the region scheduled for first-round matches across the...

Costa Rica Faces Protests After Removing Corcovado Park Director

Environment Minister Mónica Navarro Del Valle has removed the director of the Osa Conservation Area six days after he reduced tourist capacity at Corcovado...

Costa Rica Sinkhole Still Unfixed After One Month

One month after a major sinkhole opened on Route 27 at kilometer 56 near Orotina, Costa Rica still has no definitive date for a...
🌴 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