Costa Rica Economy

Introduction

Costa Rica's stable and progressive economy depends especially on tourism, technology, and the export of bananas, coffee and other agricultural products. The World Bank has given Costa Rica an excellent bill of overall political and economic health.

This attractive investment market is perhaps best illustrated by reviewing a sample of a few of the international companies who have chosen Costa Rica for their international investments and operations centers:

International Companies Choose Costa Rica:

At its annual conference in El Salvador last year, the Bank lauded the country as possessing “one of the most stable and robust” democracies in Latin America. It went on to praise Costa Rica’s “healthy economic growth rate” and “some of the best social indicators” on the continent. Poverty has been substantially reduced over the past 15 years and a strong social safety net has been implemented.

Costa Rica’s political and economical stability has fostered one of the most reliable business climates in America. Fiscal incentives are offered as well as a highly skilled labor force (95% of the population is literate), making high-quality operations available at competitive operational costs. This environment fosters long term planning for multinational corporations that seek to establish or expand operations in a country that has consistently been rated as having one of the lowest risk ratings for investment.