Costa Rica's economy is based upon a combination of agriculture (7% - bananas, coffee, pineapples, and ornamental plants), industry (25% - microprocessors and medical equipment), and tourism/services (68% - hotels, restaurants, and banks).
Of the $8.1 billion in exports, microchips and medical equipment have finally outpaced agriculture, a recent shift away from historic trends. Costa Rica experienced steady growth during the past several years, but in 2009, the economy shrank by 2.5%, largely on account of the global economic recession. The services sector was particularly affected, as tourism fell by 8% the same year.
Costa Rica's major economic resources are its fertile land, well-educated population, and location on the Central American isthmus, which provides easy access to both North and South American markets and direct ocean access to the European and Asian continents.
Trustpilot 5-star rated
Find inspiration by browsing our curated vacation collections.