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Costa Rica Poverty Rate

Costa Rica's poverty rate fell to 1.3% in 2024, down from 1.5% in 2023, according to World Bank. This represents a decrease of 0.2% from the previous year. Costa Rica has poverty rate lower than the global median (1.30% vs median 1.90%). Compared with the median in Americas, Costa Rica is lower (1.30% vs regional median 2.25%) and ranks 14th out of 22 countries in Americas.

Costa Rica's annual unemployment rate fell to 7.85% in 2024, down from 8.32% in 2023.

Yearly Historical Data (1981-2024)

(in %)
Year Poverty Rate (%)
2024 1.3%
2023 1.5%
2022 1.6%
2021 2.2%
2020 3.4%
2019 1.7%
2018 2.3%
2017 1.7%
2016 2.4%
2015 2.4%
2014 2.4%
2013 2.6%
2012 2.6%
2011 2.7%
2010 2.2%
2009 3.6%
2008 3.4%
2007 3.1%
2006 5.2%
2005 5%
2004 6.6%
2003 6.9%
2002 6.6%
2001 7.6%
2000 9.8%
1999 9.3%
1998 7.5%
1997 9.1%
1996 11.7%
1995 10.6%
1994 9.4%
1993 11.8%
1992 13.8%
1991 17.1%
1990 13.9%
1989 14.4%
1986 19.3%
1981 33.5%
Costa Rica Poverty Rate : Definition
Poverty Rate measures the percentage of people in Costa Rica living on less than $3.00 per day, adjusted for purchasing power parity (PPP, 2021 prices).