Costa Rica GDP Annual Growth Rate

Last Release

Mar 31, 2025

Actual

3.9

Units In

Frequency

Quarterly

Next Release

Sep 30, 2025

Time to Release

4 Months 20 Days 6 Hours

Highest	Lowest	Average	Date Range	Source
10.29 Sep 2021	-7.16 Jun 2020	4.26 %	1992-2025	Central Bank of Costa Rica

The biggest sector of Costa Rica’s economy is services, which accounts for 63 percent of GDP. Within services the most important segments are: transport, communication and warehousing (16 percent of GDP); trade, restaurants and hotels (15 percent) and community, personal and social services (9 percent). Manufacturing, mining and quarrying create 21 percent of the wealth. Agriculture, forestry and fishing contribute for 9 percent of the output and construction and water and electricity distribution for the remaining 7 percent.

Latest Updates

Costa Rica’s GDP grew by 3.9% year-on-year in the first quarter of 2025, slowing from a 4.3% expansion in the preceding quarter. Growth accelerated in education and human health and social care (2.3% vs 2.0% in Q4 2024) and wholesale & retail trade (2.8% vs. 2.7%), while it rebounded for electricity, water & sanitation services (1.4% vs -2.4%). Conversely, production moderated in manufacturing (5.8% vs 6.3%), construction (2.8% vs 4.4%), transport and storage (5.4% vs 7.2%), accommodation and food services activities (0.1% vs 1.4%), information and communications (4.2% vs 5.5%), real estate (2.6% vs 3.4%), and financial and insurance activities (5.7% vs 5.8%). Meanwhile, the mining and quarrying sector contracted (-2.3% vs. 0.5%). On a seasonally adjusted quarterly basis, the economy grew by 0.2%, easing from 1.6% in the previous period.