Manufacturing Sector Contribution to GDP in Costa Rica (1990-2022)

Manufacturing Sector Contribution to GDP in Costa Rica (1990-2022)

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Key Takeaways

Costa Rica's manufacturing sector began at in 1990, growing slightly in the early 1990s before starting a gradual decline due to trade liberalization and an emphasis on ecotourism and services. By 2008, manufacturing’s share decreased to , reaching a low of by 2016. The pandemic spurred a modest resurgence, with the sector's share rising to in 2022 as Costa Rica focused on medical equipment manufacturing and other high-value exports. This trend reflects a strategic shift toward specialized manufacturing within an economy increasingly driven by services and technology.

Gain a broader perspective by reviewing Costa Rica’s annual GDP growth rate, Costa Rica’s population growth rate, Costa Rica’s services sector share in GDP.

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