Market Research In Costa Rica

Costa Rica Profile:

  • Costa Rica, officially the Republic of Costa Rica is a country in Central America.
  • Costa Rica has been known for its stable democracy in a region that has had some instability and for its highly educated workforce.
  • The country has consistently performed favourably in the Human Development Index (HDI), placing 69th in the world as of 2015, among the highest of any Latin American nation.
  • Costa Rica also has progressive environmental policies. It is the only country to meet all five UNDP criteria established to measure environmental sustainability. It was ranked 42nd in the world, and third in the Americas, in the 2016 Environmental Performance Index.
  • By August 2017, the Treasury was having difficulty paying its obligations. Other challenges facing the country in its attempts to improve the economy by increasing foreign investment include a poor infrastructure and a need to improve public sector efficiency.

Costa Rica Economy:

  • Costa Rica has enjoyed strong and stable economic growth since 2010 and registered 4.3% in 2016.
  • Costa Rica has attracted one of the highest levels of foreign direct investment per capita in Latin America.
  • The country spends roughly 6.9% of its budget (2016) on education, compared to a global average of 4.4%.
  • In spite of impressive growth in the Gross domestic product (GDP), low inflation, moderate interest rates and an acceptable unemployment level, Costa Rica in 2017 was facing a liquidity crisis due to a growing debt and budget deficit.
  • Costa Rica’s economy also faces challenges due to a rising fiscal deficit, rising public debt, and relatively low levels of domestic revenue

Costa Rica Facts:

  • Population: 4.9 million
  • Capital: San Jose
  • Largest city: San Jose
  • Area: 51,100 sq km
  • Major language: Spanish (official), English
  • Major religion: Roman Catholic 76.3%, Evangelical 13.7%, Jehovah’s Witness 1.3%, other Protestant 0.7%, other 4.8%
  • Life expectancy: 76.1 years (Male), 81.5 years (Female)
  • Monetary unit: 1 Costa Rican Colon(CRC) = 100 Centimos
  • Main exports: Bananas, pineapples, coffee, melons, ornamental plants, sugar; beef; seafood; electronic components, medical equipment
  • GNI per Capita: $15,780

Our Market Research Services in Costa Rica:

We Employ A Wide Range of Research Techniques in Costa Rica:

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