Costa Rica: Trade openness

* indicates monthly or quarterly data series
 Costa Rica

Trade openness: exports plus imports as percent of GDP

 Latest value 79.66
 Year 2022
 Measure percent
 Data availability 1960 - 2022
 Average 70.35
 Min - Max 45.92 - 92.04
 Source The World Bank
For that indicator, we provide data for Costa Rica from 1960 to 2022. The average value for Costa Rica during that period was 70.35 percent with a minimum of 45.92 percent in 1961 and a maximum of 92.04 percent in 1998. The latest value from 2022 is 79.66 percent. For comparison, the world average in 2022 based on 157 countries is 100.30 percent. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent values chart
Costa Rica - Trade openness - Recent values chart

Historical chart
Costa Rica - Trade openness - historical chart - 1960-2022




Definition: Exports plus imports as percent of GDP.

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 Related indicators Latest value Reference Measure
 Terms of trade 96.16 2021 percent
 Trade openness 79.66 2022 percent
 Financial openness 2.299 2021 index points
 Exports, percent of GDP 40.57 2022 percent
 Exports, billion dollars 32.25 2023 billion U.S. dollars
 Growth of exports 13.21 2022 percent
 Imports, percent of GDP 39.09 2022 percent
 Imports, billion dollars 28.54 2023 billion U.S. dollars
 Foreign Direct Investment, percent of GDP 5.31 2022 percent
 Foreign Direct Investment, billion dollars 3.67 2022 billion U.S. dollars
 Portfolio investment inflows, equities 172.01 2023 million dollars (current)
 Current account, percent of GDP -0.98 2023 percent
 Current account, in dollars -0.84 2023 billion U.S. dollars
 Trade balance, percent of GDP 1.47 2022 percent
 Trade balance, in dollars 5.26 2023 billion U.S. dollars
 Reserves 8.55 2022 billion U.S. dollars
 Remittances, percent of GDP 0.90 2022 percent
 Remittances 620.84 2022 million U.S. dollars
 Net errors and omissions 432.73 2023 million USD
 External debt 60.74 2022 percent
 Short-term external debt 17.52 2022 percent
 Short-term debt to reserves 79.77 2022 percent
 Foreign exchange reserves 11.34 9/2023 billion
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