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 %)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).