Costa Rican beach from above

Costa Rica Economic Activity May 2020

Costa Rica: Economic activity plummets again in May

Economic activity decreased 7.5% in year-on-year terms in May, down from the 6.7% decrease recorded in April, according to the Central Bank of Costa Rica’s monthly activity index.

May’s print was due to the effects of the lockdown measures authorities imposed in March to arrest the spread of coronavirus, coupled with the concurrent global economic downturn. In terms of sectors, the retail, services and manufacturing sectors all suffered sharp declines in May, while construction and agriculture contracted at softer paces.

Free sample report

Access essential information in the shortest time possible. FocusEconomics provide hundreds of consensus forecast reports from the most reputable economic research authorities in the world.
Close Left Media Arrows Left Media Circles Right Media Arrows Right Media Circles Arrow Quote Wave Address Email Telephone Man in front of screen with line chart Document with bar chart and magnifying glass Application window with bar chart Target with arrow Line Chart Stopwatch Globe with arrows Document with bar chart in front of screen Bar chart with magnifying glass and dollar sign Lightbulb Document with bookmark Laptop with download icon Calendar Icon Nav Menu Arrow Arrow Right Long Icon Arrow Right Icon Chevron Right Icon Chevron Left Icon Briefcase Icon Linkedin In Icon Full Linkedin Icon Filter Facebook Linkedin Twitter Pinterest