Fiscal Balance in Costa Rica

Costa Rica Fiscal Balance | Economic News & Forecasts

Costa Rica - Fiscal Balance

After GDP grew at the fastest rate in 23 years in Q2, high-frequency indicators hint at a continued recovery though the third quarter. Economic activity grew at a strong pace in July–August, gaining steam from Q2’s average amid a surge in the construction sector. Moreover, both merchandise exports and imports grew at faster rates on average in July–September compared to Q2. Turning to Q4, thanks to a swift vaccination campaign and a dramatic fall in the number of new Covid-19 cases, authorities recently opted to ease mobility-related restrictions from 1 November and business-related restrictions from 1 December. Among the most important changes, businesses that require proof of vaccination may begin to operate at full capacity. Regardless, starting from 8 January 2022, all firms must require vaccine certificates.

Costa Rica - Fiscal Balance Data

2015   2016   2017   2018   2019  
Fiscal Balance (% of GDP)-5.7  -5.2  -6.1  -5.8  -7.0  

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Costa Rica Facts

Value Change Date
Exchange Rate571.0-0.57 %Jan 01

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