Pages

55 pages

Published

July 2017

Update frequency

On a semi-annual basis

Format

PDF, Horizontal, Screen friendly

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Charting Economy team

Charting Economy™ team consists of editors, analysts, and researchers. For any questions and comments about this report, you can contact the chief editor directly at editor@chartingeconomy.com.

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TABLE OF CONTENT


Comprehensive View On The Economy

 

1.      Economic structure

Part of the country’s economic profile, economic structure section gives readers useful views to understand what matters for the Costa Ricaan economy.

KEY QUESTIONS ADDRESSED

  • What is the size of the Costa Rica’s economy in relation to world’s major economies?
  • What is the size of Costa Rica’s population?
  • What is the demographic structure of Costa Rica? Is it favorable for economic growth?
  • How has the structure of Costa Rica’s GDP changed over the years?
  • How much does the Costa Rica’s economy rely on external trade?
  • How does economic freedom in Costa Rica compare with others?

2.      Competitiveness

Part of the country’s economic profile, this section explores Costa Rica’s competitiveness in the global level. It also covers the country’s attractiveness to foreign direct investment.

KEY QUESTIONS ADDRESSED

  • Which stage of economic development is the Costa Rica’s economy in?
  • How is the average wage in Costa Rica compared to others in the region?
  • How has the labor productivity in Costa Rica changed over the years and in relation with comparable countries?
  • How competitive is Costa Rica?
  • How are Costa Rica’s competitive factors compared to those of other countries?
  • Is it easy to do business in Costa Rica?
  • How good is Costa Rica in attracting Foreign Direct Investment?
  • What are most problematic factors in doing business in Costa Rica?

3.      Economic development

Part of the country’s economic profile, this section explores Costa Rica’s economic development, average income and its distribution, poverty as well as other development indicators.

KEY QUESTIONS ADDRESSED

  • What is the level of income for an average person in Costa Rica?
  • Is there still a lot of poor people in Costa Rica? How does it compare to others?
  • Is unemployment the issue for Costa Rica?
  • How is income distributed in Costa Rica and how does it compare to others?
  • What is the current level of human development in Costa Rica?
  • How has quality of life in Costa Rica changed over the years?

4.      Economic growth

Part of the country’s economic outlook, this section explores Costa Rica’s recent economic growth, its key drivers and well as the growth outlook for the coming years.

KEY QUESTIONS ADDRESSED

  • What has been the growth rate of Costa Rica’s economy over the past 10 years and how does it compare with others?
  • What were the key growth drivers for the Costa Rica’s economy in the last year?
  • What were the source of growth for Costa Rica’s economy in the last 5 quarters?
  • What is the growth outlook for Costa Rica’s economy over the next 3 years and how does it compare with others?

5.      Economic stability (Macro risks)

Part of the country’s economic outlook, this section explores Costa Rica’s macro-economic risks, including inflation, financial sector, budget deficit as well as balance of payment and exchange rate.

KEY QUESTIONS ADDRESSED

  • What is the risk of inflation in Costa Rica and how does it compare with others?
  • How healthy is the Costa Rica’s banking sector?
  • What is the fiscal risk in Costa Rica?
  • Does the government have enough money to invest or continue to subsidize certain program? What is the likelihood of raising tax?
  • What is the balance of payment risk for Costa Rica?
  • How good is the country in getting foreign exchange by the mean of commerce?
  • Does Costa Rica have enough international reserves to service its debt and for import?
  • What is the FX risk? How has the CRC performed compared to other currencies?

Appendix 1: Key Economic Projections 2016-2022

From IMF’s World Economic Outlook Report April 2017.

  • GDP growth
  • Inflation
  • Population
  • Unemployment rate
  • Government budget and debt
  • Current account

Appendix 2: DOING BUSINESS 2017

Detailed rankings and scores for Costa Rica and comparable economies.

  • Starting a business
  • Dealing with construction permits
  • Getting electricity
  • Registering property
  • Getting credit
  • Protecting Minority Investors
  • Paying taxes
  • Trading across borders
  • Enforcing contracts
  • Resolving Insolvency