General Information

Meat and dairy products account for 24% of the country's export sales, while sugar represents 8% and the fishing industry 4.5%.
(Source: Central Bank)

Gross Domestic Product (GDP) % of regional GDP GDP per head

USD 13,727

millions

0.2%

 

USD 2,207

 

Economic Statistics (years 2014 - forecast 2019)

National Accounts 2014 2015 2016 2017 f.2018 f.2019
             
GDP growth (%) 4.8% 4.9% 4.7% 4.9% -2.9% -1.3%
Nominal GDP (USD millions) 11,880 12,748 13,230 13,727 13,525 13,349
GDP per Head (USD) 1,975 2,096 2,151 2,207 2,147 2,086
Inflation (%) 6.5% 3.1% 3.1% 5.7% 9.8% 8.2%
Fiscal Balance (% GDP) -1.2% -1.4% -1.6% -1.7% -4.2% -4.0%
General Govt. gross debt (% GDP) 48.8% 45.6% 45.1% 47.0% 54.2% 59.5%
   

Trade Statistics

Foreign Trade - Composition        
           
Exports     Imports    
           
By countries     By countries  
US 44.2%   US   20.3%
El Salvador 6.4%   China   14.3%
Honduras 5.5%   México   11.1%
Costa Rica 3.3%   Costa Rica   7.9%
           
By products     By products  
Agricultural products 76.6%   Manufactures 60.7%
Manufactures 5.0%   Fuels and mining prod. 18.8%
Fuels and mining prod. 2.3%   Agricultural products 17.6%

 

   
Balance of Payments (USD millions) 2014 2015 2016 2017 f.2018 f.2019
             
Exports of Goods 4,150 3,859 3,772 4,142 3,600 3,800
Exports growth (%) 7.7% -7.0% -2.3% 9.8% -13.1% 5.6%
Imports of Goods 6,319 6,405 6,384 6,613 -6,885 -7,010
Imports growth (%) 3.4% 1.4% -0.3% 3.6% 4.1% 1.8%
Foreign Trade (% GDP) 88% 81% 77% 78% 78% 81%
             
Current Account Balance -845 -1,143 -1,134 -694 -1,905 -1,637
% GDP -7.1% -9.1% -8.6% -5.0% -14.1% -12.1%
Foreign Direct Investment 884 950 888 897 250 100
% GDP 7.4% 7.5% 6.7% 6.5% 1.8% 0.7%
   

 

Disclaimer

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