8.6

Costa Rica

Selected Economic and Social Data

1987

1988

1989

1990

1991

1992

1993

1994

1995

1996

1997

Population ('000)

2,797

2,876

2,956

3,035

3,113

3,191

3,269

3,347

3,424

3,500

3,575

Growth Rate (%)

2.9

2.8

2.8

2.7

2.6

2.5

2.4

2.4

2.3

2.2

2.1

National Accounts

GDP, current prices (m. colones)

284,533

349,743

425,911

522,848

690,158

906,440

1,069,400

1,305,796

1,621,644

1,872,429

2,214,229

GDP, 1966 prices (m. colones)

10,818

11,190

11,824

12,244

12,521

13,489

14,344

14,987

15,344

15,245

15,730

Real GDP Growth Rate (%)

4.8

3.4

5.7

3.6

2.3

7.7

6.3

4.5

2.4

-0.6

3.2

Real Per Capita GDP (1966 col.)

3,868

3,891

4,000

4,034

4,022

4,227

4,388

4,478

4,481

4,356

4,400

Real Per Cap. GDP Growth Rate (%)

1.8

0.6

2.8

0.9

-0.3

5.1

3.8

2.0

0.1

-2.8

1.0

Gross Domestic Investment/GDP (%)

27.1

24.5

26.5

27.3

25.0

29.2

29.8

26.4

23.5

22.8

26.7

Prices

GDP Deflator (1966=100)

2,630

3,125

3,602

4,270

5,512

6,720

7,455

8,713

10,569

12,282

14,076

Annual Change (%)

10.1

18.8

15.2

18.5

29.1

21.9

10.9

16.9

21.3

16.2

14.6

Consumer Prices (1990=100)

59.7

72.1

84.0

100.0

128.7

156.8

172.1

195.4

240.7

282.9

320.3

Annual Change (%)

16.8

20.8

16.5

19.0

28.7

21.8

9.8

13.5

23.2

17.5

13.2

Balance of Payments (US$m)

Current Account Balance

(256)

(179)

(415)

(424)

(75)

(371)

(620)

(234)

(143)

(125)

(422)

Exports, fob

1,107

1,181

1,334

1,354

1,498

1,739

1,867

2,122

2,480

2,743

2,954

Imports, fob

1,245

1,279

1,572

1,797

1,698

2,211

2,628

2,728

2,953

3,157

3,668

Trade Balance

(138)

(98)

(238)

(443)

(200)

(472)

(761)

(606)

(473)

(414)

(714)

Services, net

(344)

(336)

(368)

(173)

(17)

(72)

(2)

206

177

149

157

Transfers, net

226

255

191

192

142

173

143

166

153

140

135

Capital Account Balance

100

142

318

183

391

345

262

(81)

203

110

505

Direct Investment, net

76

121

95

160

173

222

245

293

390

..

..

Portfolio Investment, net

0

(6)

(13)

(28)

(13)

(17)

(5)

(1)

(24)

..

..

Other Investment, net

24

27

236

51

231

140

22

(373)

(163)

..

..

Errors and Omissions

131

225

209

44

100

203

298

249

94

(61)

45

Overall Balance

(25)

188

112

(197)

416

177

(60)

(66)

154

(76)

128

External Public Debt

Debt Outstanding,12/31 (US$m)

3,708

3,547

3,545

3,063

3,292

3,175

3,130

3,218

3,126

2,889

..

Debt Outstanding/GDP (%) [a]

81.8

76.9

67.8

53.7

58.4

47.1

41.6

38.7

34.6

32.0

..

Debt Service/Exports (%)

13.3

16.6

15.0

22.0

15.6

18.3

15.3

11.7

14.0

12.2

..

Consolidated Nonfinancial Public Sector (% of GDP)

Current Revenue

27.2

28.2

27.4

27.6

28.2

28.4

26.1

28.6

26.1

28.0

..

Current Expenditures

24.3

24.2

26.1

23.7

22.2

22.4

26.6

25.9

27.3

25.7

..

Current Surplus/Deficit

2.9

4.0

1.3

3.9

6.0

6.0

-0.5

2.7

-1.2

2.3

..

Capital Revenue

0.1

0.1

0.2

0.1

0.1

0.1

-0.1

0.1

0.0

0.0

..

Capital Expenditures

5.5

5.3

6.3

4.1

5.4

5.5

6.0

4.8

3.3

3.7

..

Statistical Discrepancy

2.2

0.9

1.9

..

..

..

..

..

..

..

..

Overall Surplus/Deficit

-0.3

-0.3

-2.9

-0.1

0.7

0.6

-6.6

-2.0

-4.5

-1.4

..