Exchange Rate in Costa Rica
Costa Rica - Exchange RateThe economy lost its footing in the third quarter, with annual economic growth slowing to an over five-year low. The slowdown primarily came on the back of lackluster private and government consumption. Private consumption was weighed on by rising unemployment, a large decrease in consumer confidence and widespread protests in September related to the fiscal reform bill (which passed on 3 December). Government consumption stalled in the quarter, with no change observed compared to the same quarter a year earlier. On a brighter note, fixed investment growth held up well—although only because of a low base effect—and exports outpaced imports. The fourth quarter, meanwhile, began on an unconvincing note: Growth in economic activity slumped to a near five-year low in November, according to the Central Bank’s monthly index; consumer confidence deteriorated further in November and fiscal reform protests lasted until mid-December.
Costa Rica - Exchange Rate Data
|Exchange Rate (vs USD)||500.7||540.8||537.3||553.2||571.4|
5 years of economic forecasts for more than 30 economic indicators.
Costa Rica Exchange Rate Chart
Source: Thomson Reuters.
Costa Rica Facts
|Exchange Rate||602.0||-0.57 %||Jan 14|
Get a sample report showing our regional, country and commodities data and analysis.
Start Your Free Trial
Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.
January 11, 2019
Working-day adjusted annual growth in economic activity slowed to 1.9% in November from 2.1% in October, representing the lowest growth rate since December 2013.
January 8, 2019
Consumer prices rose 0.21% in December compared to the previous month, down from 0.42% in November.
December 21, 2018
The economy grew at a substantially slower pace in the third quarter of 2018, according to the Central Bank.
Costa Rica: Landmark fiscal reform bill signed into law on 3 December, but skepticism lingers about sustainability
December 21, 2018
A long-awaited fiscal reform bill was passed by the Legislative Assembly after a second reading on 3 December, becoming law the following day.
December 12, 2018
Annual working-day adjusted growth in economic activity slowed to 2.1% in October from 2.3% in September (previously reported: + 2.5% year-on-year).