Costa Rica's economy maintains solid growth: IMAE rises in November 2025

The Costa Rican economy maintained solid growth in November 2025, with a year-on-year variation in the IMAE of 4.7% and an average of 4.6% from January to November. The dynamism came mainly from manufacturing linked to free trade zones and professional and financial services.

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The Central Bank of Costa Rica reported that national production maintained a solid growth rate in November 2025. According to the Monthly Index of Economic Activity , known as IMAE, the trend-cycle series recorded a year-on-year increase of 4.7% compared to November of the previous year.

The report details that companies located in special regimes had an increase of 14.8%, while in the definitive regime the growth was 3.4%.

In addition, manufacturing, professional services, transportation and financial activities are among the main activities that explain the growth.

In the case of manufacturing, the Central Bank indicated that this sector grew 8.8% in November, with a strong impulse from special regimes, mainly associated with exports of medical implements.

Finally, the report indicates that the cumulative average growth from January to November was 4.6% compared to the same period in 2024.

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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