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Costa Rica
Tuesday, August 3, 2021
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Costa Rica economy

Facing backlash, Costa Rica’s OECD representative resigns

The new representative of Costa Rica to the Organization for Economic Cooperation and Development (OECD), Ottón Solís, resigned from his position eight days after taking office due to backlash from Congress and business associations.

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).

Med tech company to open factory, create 700 new jobs in Costa Rica

Terumo Blood and Cell Technologies, a US-based subsidiary of the Japanese Terumo Corporation, will open a factory for the manufacturing of medical devices in Costa Rica. 

Costa Rica signs $500 million loan with IDB

Costa Rica made official two budget support loans this Thursday with the Inter-American Development Bank (IDB), for an amount of 500 million dollars.

Precision medical equipment remains Costa Rica’s top export

Costa Rica tallied more than $5.77 billion in exports over the first five months of 2021, a 23% increase over the same period last year.

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).

Official: Costa Rica becomes 38th member country of the OECD

Costa Rica is the fourth Latin American nation to join the organization, based in Paris, after Mexico, Colombia and Chile.

President of Costa Rica enacts adherence to the OECD

Costa Rica will be the 38th member of the OECD and the fourth Latin American nation to be part of the organization, along with Mexico, Colombia and Chile.

Led by medical equipment, Costa Rica exports continue increasing

Costa Rica tallied more than $4.5 billion in exports over the first four months of 2021, a 17% increase over the same period last year.

Costa Rica Congress green-lights OECD entry

Costa Rica's Congress gave the go-ahead for the country's entry into the Organization for Economic Cooperation and Development

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