Costa Rica GDP Per Capita 2024

[ Nominal GDP Per Capita in USD ]

Year -

$95.35

Source: world bank Nominal/PPP
Summary:

Costa Rica GDP Per Capita expanded from 1960 to 2024, increasing from $0.51 to $95.35 .The compound annual growth rate (CAGR) averaged 8.52% 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 45.96%, indicating the largest cyclical decline from peak levels. The country experienced 4 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$)
Latest Year20242024
Latest GDP Per Capita$ 95.35 dollars$ 154.22 Int dollars
Growth (YoY)10.234%7.592%
Net Change vs Previous Year$ 8.85 dollars$ 10.88 Int dollars
% of World GDP Per Capita0.09%0.08%
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
19600.51-----
19610.49-0.02-3.387 %---
19620.48-0.01-2.273 %---
19630.510.036.829 %---
19640.540.035.993 %---
19650.590.059.289 %---
19660.650.059.161 %---
19670.70.058.057 %---
19680.770.0710.635 %---
19690.850.0810.311 %---
19700.980.1315.37 %---
19711.080.099.374 %---
19721.240.1614.957 %---
19731.530.2923.475 %---
19741.670.149.001 %---
19751.960.2917.66 %---
19762.410.4523.035 %---
19773.070.6627.352 %---
19783.520.4514.672 %---
19794.040.5114.541 %---
19804.830.819.723 %---
19812.62-2.21-45.693 %---
19822.61-0.02-0.655 %---
19833.150.5420.722 %---
19843.660.5116.325 %---
19853.920.267.068 %---
19864.420.512.752 %---
19874.530.112.579 %---
19884.610.081.802 %---
19895.250.6413.791 %---
19905.710.468.773 %15.67--
19917.221.526.333 %16.570.95.724 %
19928.581.3618.904 %18.511.9411.69 %
19939.560.9911.481 %20.291.789.636 %
199410.490.939.672 %21.661.376.751 %
199511.581.0910.378 %23.031.376.338 %
199611.680.10.862 %23.770.743.206 %
199712.610.948.016 %25.511.737.295 %
199813.681.078.479 %27.642.138.36 %
199914.250.574.17 %29.211.575.69 %
200015.010.765.323 %31.031.826.222 %
200115.980.966.411 %32.831.815.821 %
200216.580.63.772 %34.481.655.024 %
200317.270.694.18 %36.682.26.377 %
200418.611.347.752 %39.342.657.233 %
200520.041.437.684 %42.182.857.237 %
200622.722.6713.347 %46.674.4910.636 %
200726.884.1718.354 %51.875.211.147 %
200830.83.9214.57 %55.373.56.756 %
200930.75-0.06-0.182 %55.23-0.15-0.262 %
201037.666.9122.484 %58.93.676.641 %
201142.765.113.553 %62.763.866.557 %
201247.234.4710.451 %67.464.77.486 %
201350.953.727.872 %71.844.386.491 %
201452.021.072.094 %78.156.318.79 %
201556.444.438.508 %84.446.298.043 %
201658.852.414.261 %93.459.0210.68 %
201760.521.672.836 %100.727.267.771 %
201862.421.93.146 %106.585.875.824 %
201964.4223.2 %116.6910.119.481 %
202062.4-2.02-3.139 %111.26-5.43-4.653 %
202164.962.574.111 %120.79.448.483 %
202269.244.286.593 %131.7411.059.153 %
202386.517.2524.918 %143.3411.68.801 %
202495.358.8510.234 %154.2210.887.592 %

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
  • High Growth (1963–1980) indicating robust economic expansion
  • High Growth (1983–1986) indicating robust economic expansion
  • Expansion (1987–1988) indicating steady moderate growth
  • High Growth (1989–1995) indicating robust economic expansion
  • High Growth (1997–1998) indicating robust economic expansion
  • High Growth (2000–2001) indicating robust economic expansion
  • Expansion (2002–2003) 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 1977 with an increase of 27.352%, while the largest decline was in 1981 at -45.693%.