More

    Costa Rica – Central America’s Second Biggest Economy Grows 5.5%

    Must Read

    TCRN STAFFhttps://www.TheCostaRicaNews.com
    Creating a Conscious alternative news network that we feel the world needs. Pura Vida!

     – Costa Rica was foretasted earlier this year to grow 4%, but Nomura Securities International latest report shows Costa Rica’s economy is expected to grow 5.5%
    The Central Banks target of 5% inflation is on track, and consumer prices predicted to trails economic growth.

    The report continues speaking very highly of Costa Rica macro-economics, and Costa Rica will see real GDP growth that exceeds inflation rate.

    Nomura also stated that Costa Rica needs full fiscal reform to lower deficit, but economic growth should positive effect tax revenues.

    Overall Nomura and Costa Rica Central Bank forecasts for Costa Rica economic outlook is very positive.

    Central Bank of Costa Rica
    International Reserves: US$ 4.763 billion (Source: IMF; Data updated: November 2011)
    Gross Domestic Product – GDP: US$ 44.313 billion (2010)
    GDP (Purchasing Power Parity): 57.955 billion of International dollars (2010)
    Unemployment Rate: 2012 down to 7.5% from 8.3% in 2011 (estimated)

    Sources: Bloomberg, Business Week, Central bank of Costa Rica

    The Costa Rica News (TCRN)
    San Jose Costa Rica

     

    resonance, coworking Costa Rica
    At Resonance, we aspire to live in harmony with the natural world as a reflection of our gratitude for life. We are co-creating an inspired and integrative community, committed to working, living and learning together. We resonate with that deep longing to belong to the hive and the desire to live the highest version of ourselves in service.
    - Advertisement -
    - Advertisement -
    - Advertisement -

    Subscribe to our newsletter

    Get all the latest news, events, offers and special announcements.

    Latest News

    Indigenous Theater Gains More Audiences in Canada

    In the evolution of indigenous theater in Canada, it is hard to believe that there was a time when...
    - Advertisement -

    More Articles Like This

    - Advertisement -
    Language »