Costa Rica GDP Per Capita 2024

[ Nominal GDP Per Capita in USD ]

Year -

$18,587.15

Source: world bank Nominal/PPP
Summary:

Costa Rica GDP Per Capita expanded from 1960 to 2024, increasing from $382.31 to $18,587.15 .The compound annual growth rate (CAGR) averaged 6.26% over the period. The economy recorded its peak level in 2024 and its lowest level in 1962. Growth volatility remained high. The maximum drawdown reached 48.92%, indicating the largest cyclical decline from peak levels. The country experienced 6 recession episode(s) during the observed period.

Latest GDP Per Capita of Costa Rica 2024 – Nominal vs PPP

MetricNominal GDP (Current USD)GDP (PPP, Int$)
Latest Year20242024
Latest GDP Per Capita$ 18,587.15 dollars$ 31,106.76 Int dollars
Growth (YoY)9.71%7.603%
Net Change vs Previous Year$ 1,645.13 dollars$ 2,198.00 Int dollars
% of World GDP Per Capita16.75%15.58%
MeaningNominal GDP Per Capita (Current USD, exchange-rate based)GDP (PPP, cost-of-living adjusted)
Costa Rica GDP | Costa Rica GDP Growth

Costa Rica Annual GDP Per Capita From 1960 to 2024

Source: Worldbank Nominal PPP

NominalPPP
YearDollar $Net Chg $% ChgInt $Net Chg $% Chg
1960382.31-----
1961355.84-26.46-6.922 %---
1962335.22-20.62-5.795 %---
1963345.5110.283.068 %---
1964353.718.212.375 %---
1965373.8420.125.69 %---
1966395.1521.325.702 %---
196741418.844.769 %---
1968444.8130.817.442 %---
1969477.0832.287.256 %---
1970535.5458.4612.253 %---
1971570.3634.826.502 %---
1972638.8568.4912.008 %---
1973768.94130.0920.364 %---
1974817.0848.136.259 %---
1975936.99119.9214.676 %---
19761123.28186.2919.882 %---
19771393.38270.0924.045 %---
19781555.84162.4611.66 %---
19791734.6178.7611.49 %---
19802020.99286.416.511 %---
19811068.05-952.94-47.152 %---
19821032.41-35.64-3.337 %---
19831212.56180.1517.45 %---
19841372.2159.6413.166 %---
19851429.3857.184.167 %---
19861568.56139.199.738 %---
19871567.03-1.53-0.098 %---
19881554.74-12.29-0.784 %---
19891725.14170.410.96 %---
19901829.67104.536.059 %5020.64--
19912253.38423.7123.158 %5174.631543.067 %
19922612.39359.0115.932 %5635.08460.458.898 %
19932840.392288.728 %6025.47390.386.928 %
19943039.56199.187.012 %6276.25250.784.162 %
19953275.25235.697.754 %6515.34239.093.809 %
19963226.96-48.29-1.474 %6568.4453.110.815 %
19973407.78180.815.603 %6890.17321.724.898 %
19983617.46209.686.153 %7306.04415.876.036 %
19993690.9673.52.032 %7563.24257.213.52 %
20003812.75121.793.3 %7879.48316.234.181 %
20013985.13172.384.521 %8190.07310.63.942 %
20024067.7282.592.072 %8460.65270.583.304 %
20034173.15105.432.592 %8862.99402.344.755 %
20044431.01257.866.179 %9365.33502.335.668 %
20054703.012726.138 %9898.93533.65.698 %
20065256.6553.5911.771 %10799.51900.589.098 %
20076137.71881.1216.762 %11841.91042.399.652 %
20086937.24799.5313.027 %12471.67629.775.318 %
20096832.7-104.54-1.507 %12273.86-197.81-1.586 %
20108265.791433.0920.974 %12927.56653.75.326 %
20119276.391010.612.226 %13614.26686.75.312 %
201210127850.619.17 %14463.74849.486.24 %
201310803.24676.246.678 %15232.08768.345.312 %
201410911.5108.261.002 %16393.811161.737.627 %
201511714.71803.217.361 %17525.141131.336.901 %
201612091.03376.323.212 %19201.751676.69.567 %
201712317.09226.061.87 %20499.341297.66.758 %
201812590.25273.162.218 %21498.04998.694.872 %
201912884.69294.442.339 %23339.611841.578.566 %
202012394.05-490.64-3.808 %22099.87-1239.74-5.312 %
202112838.12444.073.583 %23852.931753.067.932 %
202213625.9787.786.136 %26226.282373.359.95 %
202316942.033316.1324.337 %28908.772682.4910.228 %
202418587.151645.139.71 %31106.7621987.603 %

Costa Rica Economic Phases (1960 - 2024)

From 1960 to 2024, Costa Rica economy moved through multiple cyclical phases marked by alternating periods of rapid expansion and contraction.

  • Contraction (1961–1962) indicating temporary slowdown
  • Expansion (1963–1964) indicating steady moderate growth
  • High Growth (1965–1966) indicating robust economic expansion
  • High Growth (1968–1980) indicating robust economic expansion
  • High Growth (1983–1984) indicating robust economic expansion
  • Contraction (1987–1988) indicating temporary slowdown
  • High Growth (1989–1995) indicating robust economic expansion
  • High Growth (1997–1998) indicating robust economic expansion
  • Expansion (1999–2003) indicating steady moderate growth
  • High Growth (2004–2008) indicating robust economic expansion
  • High Growth (2010–2013) indicating robust economic expansion
  • Expansion (2016–2019) indicating steady moderate growth
  • High Growth (2022–2024) indicating robust economic expansion

The most remarkable growth occurred in 2023 with an increase of 24.337%, while the largest decline was in 1981 at -47.152%.