GDP (current LCU), annual growth rate in Costa Rica
Costa Rica: GDP (current LCU), annual growth rate was 4.37 % change on previous year in 2024. ◆ Volatile
GDP (current LCU), annual growth rate in Costa Rica, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, gdp (current lcu), annual growth rate in Costa Rica stood at 4.37 % change on previous year.
That represents a change of down 12.9% on the previous year and down 56.2% over ten years.
Over the whole period, gdp (current lcu), annual growth rate in Costa Rica peaked at 70.75 % change on previous year in 1982 and was at its lowest, -3.53 % change on previous year, in 2020.
Costa Rica ranks 165th of 211 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
GDP (current LCU), annual growth rate in Costa Rica, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 9.39 % change on previous year | — |
| 1972 | 15.12 % change on previous year | +61.0% |
| 1973 | 23.69 % change on previous year | +56.7% |
| 1974 | 30.05 % change on previous year | +26.8% |
| 1975 | 27.16 % change on previous year | -9.6% |
| 1976 | 23.04 % change on previous year | -15.2% |
| 1977 | 27.35 % change on previous year | +18.7% |
| 1978 | 14.67 % change on previous year | -46.4% |
| 1979 | 14.54 % change on previous year | -0.9% |
| 1980 | 19.72 % change on previous year | +35.6% |
| 1981 | 37.91 % change on previous year | +92.2% |
| 1982 | 70.75 % change on previous year | +86.6% |
| 1983 | 32.62 % change on previous year | -53.9% |
| 1984 | 26.06 % change on previous year | -20.1% |
| 1985 | 21.42 % change on previous year | -17.8% |
| 1986 | 24.59 % change on previous year | +14.8% |
| 1987 | 15.39 % change on previous year | -37.4% |
| 1988 | 22.92 % change on previous year | +48.9% |
| 1989 | 21.78 % change on previous year | -5.0% |
| 1990 | 22.76 % change on previous year | +4.5% |
| 1991 | 68.51 % change on previous year | +201.0% |
| 1992 | 30.75 % change on previous year | -55.1% |
| 1993 | 18.27 % change on previous year | -40.6% |
| 1994 | 20.9 % change on previous year | +14.4% |
| 1995 | 26.27 % change on previous year | +25.7% |
| 1996 | 16.63 % change on previous year | -36.7% |
| 1997 | 20.96 % change on previous year | +26.0% |
| 1998 | 19.95 % change on previous year | -4.8% |
| 1999 | 15.71 % change on previous year | -21.2% |
| 2000 | 13.62 % change on previous year | -13.3% |
| 2001 | 13.55 % change on previous year | -0.5% |
| 2002 | 13.54 % change on previous year | -0.1% |
| 2003 | 15.43 % change on previous year | +13.9% |
| 2004 | 18.37 % change on previous year | +19.1% |
| 2005 | 17.51 % change on previous year | -4.7% |
| 2006 | 21.26 % change on previous year | +21.4% |
| 2007 | 19.6 % change on previous year | -7.8% |
| 2008 | 16.7 % change on previous year | -14.8% |
| 2009 | 8.74 % change on previous year | -47.7% |
| 2010 | 12.34 % change on previous year | +41.2% |
| 2011 | 9.2 % change on previous year | -25.5% |
| 2012 | 9.85 % change on previous year | +7.1% |
| 2013 | 7.2 % change on previous year | -26.9% |
| 2014 | 9.97 % change on previous year | +38.5% |
| 2015 | 7.75 % change on previous year | -22.2% |
| 2016 | 6.25 % change on previous year | -19.4% |
| 2017 | 7.14 % change on previous year | +14.2% |
| 2018 | 4.87 % change on previous year | -31.8% |
| 2019 | 5.05 % change on previous year | +3.7% |
| 2020 | -3.53 % change on previous year | -170.0% |
| 2021 | 10.5 % change on previous year | -397.1% |
| 2022 | 11.12 % change on previous year | +5.9% |
| 2023 | 5.02 % change on previous year | -54.9% |
| 2024 | 4.37 % change on previous year | -12.9% |
Costa Rica compared with similar countries
- Costa Rica's 4.37 % change on previous year is below the median for high income countries, which is 5.96 % change on previous year, 73% of the median. (82 countries reporting)
- Costa Rica's 4.37 % change on previous year is below the median for Latin America & Caribbean, which is 7.38 % change on previous year, 59% of the median. (40 countries reporting)
Biggest year-on-year movements
Years where GDP (current LCU), annual growth rate in Costa Rica changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2021 | +397.1% | -3.53 % change on previous year | 10.5 % change on previous year |
| 1991 | +201.0% | 22.76 % change on previous year | 68.51 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 20.56 % change on previous year | 9.39 % change on previous year | 30.05 % change on previous year | 9 |
| 1980s | 29.32 % change on previous year | 15.39 % change on previous year | 70.75 % change on previous year | 10 |
| 1990s | 26.07 % change on previous year | 15.71 % change on previous year | 68.51 % change on previous year | 10 |
| 2000s | 15.83 % change on previous year | 8.74 % change on previous year | 21.26 % change on previous year | 10 |
| 2010s | 7.96 % change on previous year | 4.87 % change on previous year | 12.34 % change on previous year | 10 |
| 2020s | 5.49 % change on previous year | -3.53 % change on previous year | 11.12 % change on previous year | 5 |
Countries ranked near Costa Rica
- 162 El Salvador 4.46 % change on previous year compare
- 163 South Africa 4.45 % change on previous year compare
- 164 Jordan 4.43 % change on previous year compare
- 166 Djibouti 4.32 % change on previous year compare
- 167 China 4.23 % change on previous year compare
- 168 Jamaica 4.13 % change on previous year compare
More population data for Costa Rica
- Population regions with projections, annual growth rate -0.9965 % change on previous year (2100)
- Urban and rural population 2050, annual growth rate -0.2884 % change on previous year (2050)
- Population long run with projections, annual growth rate -0.9965 % change on previous year (2100)
- Un population 2024 vs 2022, annual growth rate -0.6681 % change on previous year (2100)
- Africa's Development Dynamics (AfDD) Table 05 - Demographic estimates 5,703 Persons (2050)
- Africa's Development Dynamics (AfDD) Table 03 - Annual population 0.5224 Percent per annum (2030)
- Projected population under age 5, annual growth rate -0.7399 % change on previous year (2100)
- World population growth -1.0% (2100)
- Population density 73.96 people per km² (2100)
- Number of children under 5, by world region 123,827 people (2100)
Frequently asked questions
- What is gdp (current lcu), annual growth rate in Costa Rica?
- Gdp (current lcu), annual growth rate in Costa Rica was 4.37 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gdp (current lcu), annual growth rate recorded in Costa Rica?
- The highest recorded value was 70.75 % change on previous year in 1982.
- What is the lowest gdp (current lcu), annual growth rate recorded in Costa Rica?
- The lowest recorded value was -3.53 % change on previous year in 2020.
- How does Costa Rica rank for gdp (current lcu), annual growth rate?
- Costa Rica ranks 165th out of 211 countries with data for 2024.
- Is gdp (current lcu), annual growth rate rising or falling in Costa Rica?
- Over the last ten years it is down 56.2%. The long-run trend across the full record is volatile.
- Where does this Costa Rica data come from?
- The figures come from Statizoid (derived), published as part of GDP (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in GDP (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- GDP UNESCO Institute for Statistics
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in GDP (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.