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Analysis by Region - Emerging Markets - Costa Rica

Publisher Oxford Economics
Published Aug 29, 2024
Length 7 Pages
SKU # OFE19150907

Description

Analysis by Region - Emerging Markets - Costa Rica



We've nudged up our forecast for Costa Rica's GDP growth this year by 0.2ppts to 3.7% as investment figures surprised to the upside in Q2 2024. However, consumption has slowed down amid lower growth in real incomes and higher unemployment. Meanwhile, export growth has eased due to base effects. We expect GDP to expand 2.3% in 2025. Our GDP growth forecast for 2024 is in line with consensus, but lower for 2025.

Table of Contents

7 Pages
Costa Rica: Higher fiscal deficits are not a cause for concern
Forecast overview
Recent developments
Short-term outlook
Key drivers of our short-term forecast
Economic risk
Economic risk evaluation
Background
Economic development
Structure of the economy
Policy and politics

Pricing

Currency Rates
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