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Costa Rica economy

Costa Rica

Unemployment in Costa Rica rose to 12.4% at the end of 2019

The Tico Times -
President Carlos Alvarado has pointed to unemployment as the main concern of his government, and the figures remain high.
Costa Rica

Costa Rica reached in 2019 its worst fiscal deficit in decades

The Tico Times -
The figure was given despite the fact that the country adopted a tax reform at the end of 2018 that included tax increases to address the deficit.
Business

Inflation in Costa Rica closed in 2019 at 1.52%, below the official target

The Tico Times -
This is the fifth consecutive year that the inflation index closes below the 3% target that the Central Bank has maintained in recent years.
Costa Rica

Costa Rica places 1.5 billion dollars in Eurobonds to refinance debt

The Tico Times -
Costa Rica has turned to the international market in search of financing to cover its expenses due to a large fiscal deficit.
Costa Rica

Unemployment in Costa Rica registers slight decline but remains high at 11.4%

The Tico Times -
President Carlos Alvarado has pointed to unemployment as the main concern of his government, and the figures remain high amid a slowdown in the economy.
Costa Rica

Costa Rica falls seven spots in Global Competitiveness Index

Alejandro Zúñiga -
Costa Rica now ranks fifth in Latin America and the Caribbean.
Costa Rica

Inflation in Costa Rica decreases due to falling fuel prices

The Tico Times -
Fuels had an important impact on the September price drop, with a 7% reduction in the price of gasoline and 2.35% in diesel.
Costa Rica

Costa Rica passes law to implement telecommuting

Alejandro Zúñiga -
The government says telecommuting presents several benefits.
Costa Rica

Costa Rica announces multi-million dollar investment to stimulate economy and jobs

The Tico Times -
The Costa Rican government announced on Friday a public investment of $9.526 billion dollars.
Costa Rica

Government will present plan hoping to spark Costa Rica’s economic growth

Alejandro Zúñiga -
Costa Rica’s official statistics agency announced earlier this month that unemployment rose to 11.9% in the second quarter, one of the highest figures in recent years.
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