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Costa Rica Real GDP

Costa Rica's real GDP rose to $76.26 billion in 2024, up from $73.11 billion in 2023, according to World Bank. This represents an increase of 4.3% ($3.16 billion) from the previous year and accounts for 0.08% of the world's total real GDP. Costa Rica has real GDP higher than the global median ($76.26 billion vs median $29.34 billion). Compared with the median in Americas, Costa Rica is higher ($76.26 billion vs regional median $22.14 billion) and ranks 15th out of 43 countries in Americas.

Costa Rica's GDP per capita rose to $14,866.58 in 2024, up from $14,318.84 in 2023.

Yearly Historical Data (1960-2024)

(in Billion USD)
Year Real GDP (Billion USD)
2024 76.26
2023 73.11
2022 69.55
2021 66.52
2020 61.63
2019 64.38
2018 62.86
2017 61.26
2016 58.81
2015 56.44
2014 54.45
2013 52.59
2012 51.31
2011 48.92
2010 46.86
2009 44.47
2008 44.87
2007 42.84
2006 39.58
2005 36.88
2004 35.47
2003 33.97
2002 32.56
2001 31.49
2000 30.43
1999 29.29
1998 28.11
1997 26.23
1996 24.87
1995 24.54
1994 23.56
1993 22.54
1992 21.05
1991 19.27
1990 18.85
1989 18.2
1988 17.22
1987 16.65
1986 15.89
1985 15.06
1984 14.95
1983 13.84
1982 13.46
1981 14.51
1980 14.85
1979 14.74
1978 14.05
1977 13.22
1976 12.14
1975 11.5
1974 11.27
1973 10.67
1972 9.91
1971 9.16
1970 8.58
1969 7.98
1968 7.56
1967 6.97
1966 6.6
1965 6.17
1964 5.7
1963 5.5
1962 5.15
1961 4.88
1960 4.79
Costa Rica Real GDP : Definition
Real GDP is defined as the value of all goods and services produced in Costa Rica, measured in US dollars adjusted to 2015 prices. By fixing prices to a base year, it removes the effect of inflation, so this represents real GDP rather than nominal GDP.
Indicator Last Value Prior Value Period
GDP $95.35B $86.5B 2024
GDP Annual Growth Rate 4.32% 5.11% 2024
GDP per Capita $14,866.58 $14,318.84 2024
GDP per Capita PPP $26,973.44 $25,979.63 2024
R&D Expenditure (% GDP) 0.34% 0.27% 2022