Costa Rica: In-depth PEST Insights

Costa Rica: In-depth PEST Insights

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Executive Summary

Costa Rica: In-depth PEST Insights


This PEST country analysis report on Costa Rica provides a holistic view of the country, with insightful analysis of current and future issues, supplemented with relevant quantitative data to support trend analysis.

Key Highlights

- The political landscape section discusses the evolution of the political scenario in Costa Rica, as well as the country's economic, social, foreign, and defense policies. The section also discusses the country's performance according to World Bank Governance Indicators.

- The economic landscape section outlines the evolution of Costa Rica's economy, as well as the country's performance in terms of GDP growth, composition by sector (agriculture, industry, and services), fiscal situation, international investment position, monetary situation, credit disbursement, banking sector, and employment.

- The social landscape section analyzes the government's social welfare policies, as well as the country's performance in terms of healthcare, income distribution, and education.


- Understand the political system in Costa Rica through analysis of key figures in the country and governance indicators.

- Understand the economic situation in Costa Rica through a balanced assessment of core macroeconomic issues.

- Understand customer demographics in Costa Rica through analysis of income distribution and the rural-urban split, as well as healthcare and education.

- Understand the technological landscape in Costa Rica through analysis of relevant laws and policies, as well as patents data.

Reasons to buy

- What is the outlook in Costa Rica in terms of political stability, policies towards business, and the popularity of the government?

- How does Costa Rica perform in terms of GDP growth, its fiscal situation, international investment position, monetary situation, and employment?

- How does Costa Rica perform in terms of healthcare, income distribution, and education?

- How does Costa Rica perform in terms of technology-intensive sectors like IT, life sciences, and R&D expenditure trends?

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Ken Research
Ankur Gupta, Head Marketing & Communications


Table of Contents

Overview 2

Catalyst 2

Summary 2

Key highlights 2

Key developments January 2017-June 2018 3

Key Facts and Geographic Location 8

Key facts 8

Geographical location 9

Political Landscape 10

Summary 10

Evolution 11

Structure and policies 12

Key political figures 12

Structure of government 12

Key political parties 12

Composition of government 14

Key policies 14

Performance 15

Governance indicators 15

Economic Landscape 17

Summary 17

Evolution 17

Structure and policies 18

Financial system 18

Performance 20

GDP and growth rate 20

GDP composition by sector 21

Fiscal situation 24

Current account 24

Foreign trade 24

International investment position 25

Monetary situation 25

Employment 26

Social Landscape 28

Summary 28

Evolution 28

Structure and policies 28

Demographic composition 28

Education 30

Healthcare 30

Performance 31

Healthcare 31

Income distribution 31

Technological Landscape 32

Summary 32

Evolution 32

Structure and policies 32

Intellectual property 32

R&D 32

ICT sector 32

Performance 33

Telecommunications, broadband, and internet 33

Appendix 34

Ask the analyst 34

About MarketLine 34

Disclaimer 34

List of Figures

Figure 1: Map of Costa Rica 9

Figure 2: Costa Rica-Key Political Events Timeline 11

Figure 3: Costa Rica-Head of State and Government 12

Figure 4: Costa Rica-Distribution of Seats by Political Party in the 2018 Elections 14

Figure 5: Costa Rica-Evolution of GDP Growth (%), 2007-2017 18

Figure 6: Costa Rica-GDP and GDP Growth (USD Billion / %), 2012-2022f 20

Figure 7: Costa Rica-GDP by Sector (%), 2017 21

Figure 8: Costa Rica-Agricultural Output (CRC Trillion / %), 2012-2017 22

Figure 9: Costa Rica-Industrial Output (CRC Trillion / %), 2012-2017 23

Figure 10: Costa Rica-Services Output (CRC Trillion / %), 2012-2017 24

Figure 11: Costa Rica-Trade Position (USD Billion), 2013-2017 25

Figure 12: Costa Rica-Consumer Price Index (CPI) and CPI-Based Inflation, 2012-2022f 26

Figure 13: Costa Rica-Unemployment (Thousands), 2012-2022f 27

Figure 14: Costa Rica-Major Religions (%), 2018 30

Figure 15: Costa Rica-Healthcare Expenditure (USD Billion / %), 2011-2017 31

Figure 16: Costa Rica-Internet Users and Penetration (millions / %), 2012-2016 33

List of Tables

Table 1: Costa Rica-Key Facts, 2018 8

Table 2: Costa Rica-Population by Age (as a Percentage of the total Population), 2017 29

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