The sectoral structure of the Costa Rican overall economy has been comparatively stable. Providers, taken as a whole, still account for the biggest share of GDP, with commerce, eating places and accommodations being the main single factor. Costa Rica 2011 GDP Growth Rate (source FMI)
Prior to the global economic crisis, Costa Rica enjoyed secure economic growth. The economy caught 1 . 3% in 2009 nevertheless resumed development at about 4% per year in 2010-11. The country of Costa Rica has a totally free trade agreement that is fixed with many countries. Most of the countries are portion of the Americas, countries like Canada, Chile, Mexico, and of course the United States. В Nevertheless , they also have totally free trade negotiating with the Eu, China, and Singapore that have really helped them. В Costa Rica offers close relationships with their overseas trade lovers and 52 of the lovers which stand for 83 percent of all of the foreign trade that they do and 86 percent of the exports that they carry out. В Republic of chile also has been willing to assist with trade aide measures and also to help enhance them. Central Bank: Panama and nicaragua , economy has momentum
It shows that 2010 was a tough year, with all the monthly production-index bars constantly dropping, and the solid-line common declining gradually. But the economic climate recovered perfectly in 2011 вЂ“ not to the high-growth tempo of 2009, but steadily positive for 11 out of twelve months. В This january, data is available up to March. Though month to month growth flattens, the going average is still steadily positive. Even with creation numbers losing recently, the economy has built up good momentum, and the moving average can be holding by 7 percent over respectable 2011 results. Leading ActivitiesвЂ¦
Costa Rican Import and Export structure
Imports: consist mainly of raw materials intended for industry and mining, and then consumer products and capital goods to get industry, mining, and vehicles. Major suppliers include the. Export products: Almost two thirds of exports are manufactured...