Costa Rica Unemployment Rate
Costa Rica's unemployment rate fell to 7.4% in the second quarter of 2025 from 7.5% in the first quarter. This decrease occurred as the labor force participation rate declined to 54.7% and the employment rate fell to 50.66%. Costa Rica's GDP grew by 3.9% year-on-year in both Q1 and Q2 2025, a slower pace than in prior periods. Costa Rica's record low unemployment rate was 6.6% in Q3 2024 and record high was 24% in Q2 2020.
Quarterly Historical Data (2015-2025)
(in %)Recent Events
Costa Rica Unemployment Rate : Definition
The unemployment rate shows the percentage of the labor force that is jobless and actively seeking work. Costa Rica's National Institute of Statistics and Censuses calculates it by dividing the number of unemployed persons by the total labor force which includes both employed and unemployed individuals and then multiplying the result by 100.