Money

Costa Rica: CBCR Estimates That Economic Growth This Year Will Be 4.2%

The Central Bank's projection models indicate that headline inflation would enter the tolerance range around the target in the second quarter of 2027.

World Savings Day: AI Drives a New Financial Culture among Costa Rican Smes

Thirty-nine percent of SMEs in Costa Rica claim to have reduced their operating expenses thanks to the use of digital tools.

New ¢50 Collectible Coin from the Central Bank of Costa Rica Pays Tribute to the Fiddler Crab

The fifth collectible ¢50 coin will go into circulation this Wednesday, announced the Central Bank of Costa Rica (CBCR). The new coin in the Fauna of Ecosystems series, featuring the mud crab from the mangrove ecosystem, will go on sale...

Why Entrepreneurs from the U.S. and Canada Should Launch Small Businesses in Costa Rica

Costa Rica, the jewel of Central America, is more than just a tropical paradise. With its lush rainforests, pristine beaches, and vibrant culture, it’s a place that captures the imagination. But beyond its natural beauty, Costa Rica offers a...

The Importance of Tourism in Costa Rica`s Economy

Tourism is a vital sector for the Costa Rican economy, accounting for approximately 10% of the country's GDP. The industry has been growing steadily over the years, with a significant increase in foreign visitors and revenue. The importance of...

Costa Rica Has the Potential to Consolidate Itself as a Logistics Hub Concludes Study Led by the Costa Rica Institute of Technology

Costa Rica has the potential to consolidate itself as a logistics hub and strengthen its global competitiveness. This was one of the conclusions of the First National Logistics Study (ENL) 2024, conducted by the Caribbean Logistics Cluster, led by...

Why a Stronger Costa Rican Colón Threatens the Competitiveness of the Tourism Sector

Costa Rica’s tourism industry, a cornerstone of its economy, is facing mounting challenges as the national currency—the colón—continues to appreciate against the U.S. dollar and other foreign currencies. While a strong currency may signal economic stability and investor confidence,...

Five Reasons to Invest in Costa Rican Tourism: Guide Launched for Thousands of Investors Worldwide

On the morning of Friday, September 26, various institutions launched a guide for investing in tourism in Costa Rica. This is a consultation document that will be available to thousands of investors around the world. The document was created by...

Not a Culprit, But an Ally: The Role of Tourism in the Face of Gentrification in Costa Rica

In Costa Rica, gentrification has become a central issue in the debate on urban and tourism development. Housing prices are skyrocketing in destinations like Tamarindo, Santa Teresa, and Monteverde, and local communities are increasingly struggling to remain in the...

United Nations Delegation Analyzes Costa Rica’s Best Practices in Attracting FDI

A delegation from the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP), along with representatives of investment promotion agencies from Southeast Asia and Latin America, visited Costa Rica as part of the Costa Rica Trade...
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The Rise of Wellness Pura Vida Tourism in Costa Rica

Costa Rica continues to position itself at the forefront of global tourism by transforming its natural resources into tools...