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Costa Rica economy

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). 

IDB approves $500 million loan for Costa Rica

The Inter-American Development Bank (IDB) said Wednesday that it has approved two loans to Costa Rica totaling $500 million.

2021 LatAm growth won’t offset pandemic economic decline: UN

Women were hardest hit, it said, and their participation in the labor market suffered a 10-year setback.

Latin America pandemic recovery lagging, IMF says

Latin America's recovery from the pandemic crisis is lagging the rest of the world and the economy will not return to its pre-pandemic level until 2024

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).

Costa Rica among world’s biggest exporters of medical devices

Costa Rica ranks 14th globally and second in Latin America for the export of medical equipment, according to the Foreign Trade Promoter of Costa Rica (PROCOMER).

Costa Rica exports continue increasing, despite pandemic

Costa Rica tallied more than $2 billion in exports over the first two months of 2021, a 10% increase over the same period last year. 

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.

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