Costa Rican economy maintains stable growth despite sectoral slowdowns

The Central Bank reports stable growth in Costa Rica, with the IMAE closing 2025 at 4.8% thanks to the momentum of services and manufacturing.

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The Costa Rican economy continues to show a positive performance, according to the most recent Monthly Economic Situation Report of the Central Bank of Costa Rica for February 2026.

According to the report, national economic activity maintained a solid pace during the end of 2025, with a year-on-year growth of the Monthly Index of Economic Activity, known as IMAE, of 4.8%, while the average growth for the year was 4.6%. This result confirms a stable expansion trend observed since the end of 2023.

Growth was driven mainly by professional and administrative services, commerce, transportation and construction, as well as by the dynamism of the special regimes, especially the manufacture of medical devices and technological and financial services.

In contrast, some agricultural activities showed a more moderate performance due to adverse weather conditions that affected crops such as bananas and pineapples, although short-cycle agricultural products and livestock helped to partially offset this situation.

Likewise, sectors linked to tourism, transportation and digital services continued to expand, reflecting greater external demand and the strengthening of the services sector.

In general terms, the report indicates that the Costa Rican economy maintains a sustained growth pattern, although with differences between productive sectors and signs of moderation in some specific activities.

This is a news service prepared by ICS. For more information about the story, write to info@ics.cr or call 2519-9992 ICS, tax specialists.

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