Country explorer: Costa Rica

EXPERIMENTAL
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Overview

Costa Rica is a tropical, upper-middle-income country in North America with a small population. Its economy has grown stably in recent decades, and is based on tourism, agriculture and technology.

Costa Rica leads the world in renewable energy, with 99% of its electricity coming from renewable sources.

Economy

Costa Rica has seen significant economic advancements, marked by a steady increase in GDP per capita, substantial shifts in poverty distribution with a notable reduction in extreme poverty levels, a generally stable unemployment rate despite a recent uptick, and managed inflation rates that indicate an evolving but stable economic environment, sharing common developmental patterns with its upper-middle-income peers while standing out through its effective poverty reduction strategies.

Demographics

Costa Rica has experienced steady population growth, moderate net migration inflows, a declining fertility rate moving towards replacement level, and a consistent increase in life expectancy, reflecting broader demographic trends observed in many upper-middle-income countries.

Basic needs

Costa Rica has shown noteworthy progress in enhancing basic needs infrastructure, evidenced by significant improvements in access to clean cooking fuels and technologies, electricity, and safely managed drinking water, although its strides in safely managed sanitation facilities lag behind, highlighting a mixed but overall positive trajectory in societal well-being.

Human development

Costa Rica has witnessed significant human development progress, particularly in improving its Human Development Index, reducing child mortality rates, and increasing literacy and education quality, positioning itself as a model of comprehensive development among its regional peers.

Environment & energy

Costa Rica has significantly advanced its environmental sustainability, demonstrating distinctive leadership in reducing carbon emissions, increasing renewable energy usage, and expanding its forested area, positioning itself as a model for ecological conservation among upper-middle-income countries.

Technology & innovation

Costa Rica has exhibited substantial growth in digital inclusion and telecommunications, significantly outpacing its regional peers in internet use and mobile subscriptions, while also demonstrating a robust commitment to research and development, reflective of its dedication to technological innovation and scientific progress.

Culture & society

Costa Rica has become increasingly diverse with a higher share of the population born in another country, has maintained high self-reported life satisfaction, shown progress in reducing gender inequalities, and faced a mildly increasing age dependency ratio, reflecting a society that is distinct in its happiness and inclusivity amid demographic shifts.

Governance

Costa Rica has maintained notably strong performance in governance metrics, such as the rule of law, political civil liberties, and press freedom, distinguishing itself as one of the leaders in Latin America for upholding democratic principles and transparency.

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