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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.

Costa Rica unemployment continues to fall, but remains high

Unemployment in the last quarter of 2020 was 7.6 percentage points higher than   the same period in 2019, the INEC indicated.

With vaccinations underway, Costa Rica hopes for economic recovery

Costa Rica was one of the first countries in Latin America to begin vaccination against the coronavirus, on December 24.

Pandemic caused loss of 255 million jobs worldwide in 2020

The Covid-19 pandemic caused massive damage to employment, and recovery in 2021 will be slow, uneven and uncertain if policy makers do not take appropriate action.

Costa Rica closes 2020 with large fiscal deficit, though better than expected

Costa Rica closed 2020 with a fiscal deficit of 8.3% of GDP, the highest in recent decades although lower than the official projection, the government announced Monday.

Costa Rica unemployment falls but remains at historic levels

Costa Rica's unemployment rate has gradually fallen, but it still remains far above the pre-pandemic levels.

Unemployment and underemployment rates remain high in Costa Rica

Unemployment in Costa Rica was 21.9% in the August-October quarter.
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Costa Rica Extends Corporate Email Rule to End of 2026

Costa Rica's Legislative Assembly approved a measure in its first debate on Thursday that extends to December 31, 2026, the deadline for commercial companies...

World Cup Set to Become Biggest Betting Event Ever

Global betting revenue for the upcoming World Cup is likely to be "in excess of $50 billion", betting expert Darren Small told AFP, for...

Costa Rica President Orders Polygraph Tests for Top Officials

President Laura Fernández has widened a controversial order requiring polygraph tests for officials involved in her government's new security strategy, declaring Friday that judicial...

Life in Costa Rica Shows Expats a Different Side of Politics

I moved permanently to Costa Rica for many reasons, but the political situation in the United States was not one of them. And to...