Costa Rica: A Benchmark for Economic Growth in the OECD for 2025

Costa Rica is positioning itself as one of the most promising economies within the Organization for Economic Cooperation and Development (OECD). According to the Economic Outlook report published on December 4, the country is projected to have a Gross Domestic Product (GDP) growth of 3.5% in 2025, ranking second among the 38 member countries, just behind Ireland, which will grow by 3.7%.

An Optimistic Outlook for the Coming Years

Projections are also encouraging for 2026, with an estimated growth of 3.6%, placing Costa Rica in the third position within the OECD, after Israel (4.6%) and Turkey (4%).

This sustained growth is due to several key factors, such as high business confidence, strong foreign direct investment (FDI) inflows, and an increase in household income, which drives domestic demand. Additionally, export growth will remain solid in 2024 and 2025 but may moderate in 2026 due to a slowdown in the United States, the country's main trading partner.

Inflation and Global Challenges

Regarding inflation, it is expected to rise to 1.6% in 2025 and 2.6% in 2026. Globally, the economy is expected to remain resilient, with GDP growth of 3.3% in both years, despite ongoing challenges.

However, uncertainties persist that could affect economic growth. The intensification of conflicts in the Middle East could impact energy markets and business confidence. Likewise, increasing trade tensions could pose a threat to international trade.

Costa Rica Leads in 2024

Before these projections for 2025 and 2026, Costa Rica will close 2024 with an impressive 4% growth, placing it in the top position within the OECD, surpassing major economies such as Japan, the United States, France, and Germany.

Conclusion

These figures reinforce Costa Rica’s position as a strong and growing economy within the OECD. The combination of sustained foreign investment, business confidence, and a robust domestic market continues to drive the country's economic development. However, it is crucial to monitor external factors that could impact these projections and take measures to mitigate potential risks.

With these positive prospects, Costa Rica continues to establish itself as an attractive destination for investors and a benchmark for growth in Latin America and beyond.