Costa Rica Coffee Guide
Unemployment in Costa Rica reaches 20.1%, the highest in its history, in midst of pandemic
Costa Rica
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Costa Rica
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Unemployment in Costa Rica reaches 20.1%, the highest in its history, in midst of pandemic

AFP and The Tico Times - July 16, 2020

Unemployment in Costa Rica reached 20.1% from March to May 2020, marking the highest-recorded level of that economic indicator, the official statistical agency announced Thursday. The figure…

President Carlos Alvarado reduces salary in the face of economic crisis
Costa Rica
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Costa Rica
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President Carlos Alvarado reduces salary in the face of economic crisis

AFP and The Tico Times - July 16, 2020

The President of Costa Rica, Carlos Alvarado, announced Thursday that he will reduce his salary by 15% in support of his government's proposal to cut the highest…

OECD urges Costa Rica to maintain fiscal discipline in recovery after pandemic
Costa Rica
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Costa Rica
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OECD urges Costa Rica to maintain fiscal discipline in recovery after pandemic

AFP and The Tico Times - July 16, 2020

The Organization for Economic Cooperation and Development (OECD) on Wednesday urged Costa Rica to maintain rigorous fiscal discipline as seeks economic recovery once it overcomes the COVID-19…

Costa Rica announces cuts in public spending in the face of pandemic crisis
Costa Rica
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Costa Rica
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Costa Rica announces cuts in public spending in the face of pandemic crisis

AFP and The Tico Times - July 13, 2020

The President of Costa Rica, Carlos Alvarado, announced Sunday a sharp cut in public spending as part of the actions to overcome the crisis caused by the…

Essential groceries, some tourist services more expensive in Costa Rica as of July 1
Costa Rica
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Costa Rica
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Essential groceries, some tourist services more expensive in Costa Rica as of July 1

The Tico Times - July 2, 2020

Nearly 200 products included in Costa Rica's  canasta básica, a grouping of essential goods, are more expensive as of July 1. The Finance Ministry now charges a…

Unemployment in Costa Rica reaches 15.7%, the highest in its history
Costa Rica
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Costa Rica
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Unemployment in Costa Rica reaches 15.7%, the highest in its history

AFP and The Tico Times - June 19, 2020

Unemployment in Costa Rica reached 15.7% from February to April 2020, marking the highest-recorded level of that economic indicator, the official statistical agency announced Thursday. The figure…

Popular digital services taxed 13% VAT in Costa Rica as of August 1
Costa Rica
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Costa Rica
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Popular digital services taxed 13% VAT in Costa Rica as of August 1

Alejandro Zúñiga - June 13, 2020

Dozens of trans-national digital platforms will be subject to a 13% value-added tax (VAT) in Costa Rica beginning August 1. Popular platforms such as Netflix, Uber and…

Costa Rica now considers access to water as a constitutional right
Costa Rica
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Costa Rica
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Costa Rica now considers access to water as a constitutional right

AFP and The Tico Times - June 5, 2020

Costa Rica on Friday adopted a constitutional reform that guarantees access to water as a "human, basic and inalienable" right. The constitutional reform, approved last week by…

Costa Rica to become first Central American country in the OECD
Costa Rica
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Costa Rica
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Costa Rica to become first Central American country in the OECD

AFP and The Tico Times - May 15, 2020

Costa Rica was invited Friday to join the Organization for Economic Cooperation and Development (OECD), an international forum to coordinate economic and social policies. "OECD Secretary General…

This is Costa Rica’s timeline for reopening
Costa Rica
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Costa Rica
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This is Costa Rica’s timeline for reopening

Alejandro Zúñiga - May 11, 2020

The Health Ministry on Monday presented Costa Rica's plan for a gradual reopening. Beginning May 16, Costa Rica will further ease coronavirus restrictions and allow limited visitation…