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Costa Rica Trade (% GDP)

Costa Rica's trade (% GDP) fell to 71.33% in 2024, down from 72.47% in 2023, according to World Bank. This represents a decrease of 1.14% from the previous year. Costa Rica has trade (% GDP) lower than the global median (71.33% vs median 84.49%). Compared with the median in Americas, Costa Rica is lower (71.33% vs regional median 78.04%) and ranks 19th out of 32 countries in Americas.

Yearly Historical Data (1960-2024)

(in %)
Year Trade (% GDP)
2024 71.33%
2023 72.47%
2022 82.23%
2021 70.78%
2020 60.14%
2019 65.76%
2018 66.95%
2017 65.07%
2016 62.18%
2015 60.75%
2014 65.19%
2013 64.07%
2012 67.05%
2011 68.64%
2010 67.51%
2009 69.76%
2008 86.4%
2007 86.46%
2006 89.81%
2005 89.22%
2004 85.26%
2003 83.33%
2002 80.41%
2001 80.85%
2000 86.52%
1999 87.54%
1998 92.04%
1997 87.61%
1996 84.06%
1995 79.77%
1994 78%
1993 79.35%
1992 76.1%
1991 71.44%
1990 75.29%
1989 73.58%
1988 69.84%
1987 67.4%
1986 61.84%
1985 63.2%
1984 68.35%
1983 72.82%
1982 87.25%
1981 91.44%
1980 63.3%
1979 64.12%
1978 64.21%
1977 67.2%
1976 63.82%
1975 68.61%
1974 81.26%
1973 67.67%
1972 66.83%
1971 63.9%
1970 62.41%
1969 58.55%
1968 60.22%
1967 56.1%
1966 55.55%
1965 55.75%
1964 52.99%
1963 49.22%
1962 48.77%
1961 45.92%
1960 47.26%
Costa Rica Trade (% GDP) : Definition
Trade (% GDP) measures the sum of exports and imports for Costa Rica divided by its total economic output, shown 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
Tariff Rate 2.63% 2.77% 2022