Costa Rica Country Report September 2023

COSTA RICA has built its impressive economic success over the past four decades on solid foundations: sustainability, political stability, legal security, human talent, tax incentives and its geographical location, among others.

Once known primarily as a tropical paradise with stunning landscapes and remarkable biodiversity, Costa Rica has gained global recognition for its innovative economic strategy centered around nearshoring and free trade zones. In 2022, Costa Rica once again topped the fDi Intelligence ranking for foreign direct investment relative to GDP. Exports made up more than 41% of the country’s economic output last year.