Costa Rica
The Country has evolved from an economy that once depended solely on agriculture, to one that is more diverse, based on tourism, electronics and medical components exports, medical manufacturing and IT service.The Country's natural resources consist of hydropower. It exports medical instruments, bananas, tropical fruits, integrated circuits, orthopaedic appliances. And imports refined petroleum, automobiles, raw materials, consumer goods, capital equipment, construction materials.

Descreptive Data

Unemployment, %11.4
Ages 15-24 Population Ratio, %34.17
Population Over 65, %12.1
Net Migration Rate21000
EIU Country Risk Score45
Fitch Sovereign RatingB+
S&P Sovereign RatingB+
Moody's Sovereign RatingB1
Big Mac Index3.77

Economic Data

201620172018
Ability to Pay
Real GDP YOY%3.5%2.9%1.3%
GDP Value (BLN USD)575860
GDP per Capita (USD)118361172912039
Currency Reserves ex Gold (BLN USD)7.67.17.5
Reserves 1Y Chg (%)-3.3%-5.6%4.9%
Total External Debt (%GDP)63%49%
Total External Debt (BLN USD)3628
Budget Surplus/def (%GDP)
Inflation (Risk)
CPI (yoy %)-0.02%1.6%2.2%
Trade Balance
Current Account (% of GDP)
Exports (BLN USD)131414
Imports (BLN USD)151617
Unemployment Rate
Unemployment (%)9.7%9.4%12%

Financial Data

201620172018
Equity & Banking Sector (Risk)
1Y Price Change (%) (CRSMBCT Index)31%2.1%-21%
EIU Banking Risk4544
Credit Market (Risk)
10Y Bond Spread (10Y UST)
5Y CDS
Foreign Exchange (Risk)
3 Month Deposit (%)1.2%2.8%4%
FX Vol - 3M Implied Vol
Historical 3M Volatility314511461411534
Real Effective Exchange Rate117112106
Real Rates (%)1.2%1.1%1.8%

Political Risk

201620172018
Political Risk Exposure
EIU Political Risk3536
Risk From Doing Business
Ease of Doing Business Rank606261
Starting a Business Rank119125127
Risk From Government
WGI Control Of Corruption0.70.50.6
WGI Govt Effectiveness0.40.30.4
WGI Regulatory Quality0.40.50.5
WGI Rule Of Law0.50.50.5
Deviation of Costa Rica's risk relative to Geo Peers
-100 = min risk100 = max risk,
Less RiskPeer AverageMore Risk