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Economy

Why is Gas so Expensive in Costa Rica?

Gas prices are the topic of almost everyone's conversations these days. The rising cost of gasoline is on the mass's minds making their way...

Costa Rica’s Credit Rating Raised By Fitch

The credit rating agency Fitch has revised their outlook on Costa Rica’s financial condition. In announcing the change Fitch stated the following: The revision of Costa...

Why Crypto Creators Want to Stay Anonymous

The two lifelong friends from Florida never sought the limelight, but then they built a multi-million-dollar empire selling digital art and people wanted to...

A Poorer Costa Rica, the Challenge of the Next Governor

La Carpio was born poor, and now it is poorer. In this neighborhood of precarious houses and narrow streets in San José, several of...

Dollar exchange rate maintains upward trend

The exchange rate of the Costa Rican colón against the dollar increased by ₡10 during the past month, according to official data from the Central Bank...

Costa Rica unemployment drops slightly

Unemployment in Costa Rica was 16.4% in the moving quarter from June to August 2021, according to the National Institute of Statistics and Census (INEC). Compared to...

Costa Rica unemployment rate at 17.7%

Unemployment in Costa Rica was 17.7% in the moving quarter from March to May 2021, according to the  National Institute of Statistics and Census (Inec).

Costa Rica unemployment rate falls slightly to 17.3%

Unemployment in Costa Rica was 17.3% in the moving quarter from February to April 2021, according to the National Institute of Statistics and Census (Inec).

Costa Rica unemployment rate remains elevated at 18.7%

Unemployment in Costa Rica was 18.7% in the moving quarter from January to March 2021, according to the National Institute of Statistics and Census (Inec). 

Costa Rica unemployment rate remains among world’s highest

Unemployment in Costa Rica fell to 18.5% in the moving quarter from December to February, according to the National Institute of Statistics and Census (Inec).

Fitch maintains Costa Rica’s ‘B’ rating with negative outlook

It’s déjà vu all over again for Costa Rica’s investment rating.

Costa Rica creates commission to address gender unemployment gap

In context of International Women's Day, Costa Rican leaders on Monday signed a decree to create a commission to address the country's unemployment gap. 

Costa Rica unemployment disproportionately impacts women

Unemployment in Costa Rica is at 19.1%, but the job loss provoked by the pandemic has predominantly impacted women.

Costa Rica unemployment rate drops to 19%

Unemployment in Costa Rica fell to 19.1% in the moving quarter from November to January.
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Camera Traps Track Jaguars in Costa Rica’s Tortuguero

Camera traps installed along Costa Rica’s Caribbean coast have identified 11 individual jaguars in and around Tortuguero National Park, offering researchers a closer look...

Dollar Holds as Central Bank Warns US Rates Could Push It Higher

The dollar has eased from its early-October high, but Central Bank President Róger Madrigal warns a widening US rate gap could lift it again.

Bukele and Colombia’s President Expected at Costa Rica Prison Opening

Salvadoran President Nayib Bukele and Colombian President Abelardo de la Espriella are expected to attend the Oct. 14 inauguration of Costa Rica's new maximum-security...

Costa Rica Opens Probe Into Political Ties of Man Wanted by US DEA

Costa Rica's attorney general will investigate whether a naturalized Costa Rican detained for extradition to the United States had political ties or helped finance...