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Costa Rica Tariff Rate

Costa Rica's tariff rate fell to 2.63% in 2022, down from 2.77% in 2021, according to World Bank. This represents a decrease of 0.14% from the previous year. Costa Rica has tariff rate lower than the global median (2.63% vs median 5.90%). Compared with the median in Americas, Costa Rica is lower (2.63% vs regional median 9.44%) and ranks 34th out of 38 countries in Americas.

Yearly Historical Data (1995-2022)

(in %)
Year Tariff Rate (%)
2022 2.63%
2021 2.77%
2020 3.05%
2019 3.22%
2018 3.47%
2016 3.81%
2014 4.19%
2013 4.34%
2012 4.4%
2011 4.54%
2010 4.53%
2009 4.54%
2008 5.9%
2007 6.04%
2006 6.14%
2005 6.98%
2004 6.34%
2003 6.18%
2002 7.03%
2001 6.04%
2000 5.02%
1999 5.75%
1998 6.41%
1997 8.08%
1996 11.67%
1995 9.7%
Costa Rica Tariff Rate : Definition
Tariff Rate measures the simple average of the import taxes applied by Costa Rica on all products, expressed as a percentage.
Indicator Last Value Prior Value Period
Annual Exports $18.11B $15.32B 2023
Annual Imports $22.51B $21.14B 2023
Exports (% GDP) 38.53% 38.92% 2024
FDI Inflows (% GDP) 5.53% 5.42% 2024
Imports (% GDP) 32.8% 33.56% 2024
Net Trade (Goods & Services, BoP) $6.31B $5.27B 2024
Trade (% GDP) 71.33% 72.47% 2024