Costa Rica enjoys relative peace and lower corruption than regional peers. However, persistent budget deficits are a risk to stability. The economy is forecast to recover well from the Coronavirus (COVID-19) pandemic, despite its large reliance on a single trade partner. Growing middle classes are set to support discretionary spending, but an ageing population could exert pressure on already-distressed state finances. Technological development has been solid, but innovation is somewhat lacking.
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Country Profiles examine the economic and political trends in 210 countries and associated regions, serving as a one-stop-shop for data and analysis on the economy, political landscape and the business environment. This report series allows you to understand the macro-economic environment as a basis for strategic planning.
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