The Instituto de Investigaciones en Ciencias Económicas of the UCR revised upwards Costa Rica's economic growth forecast for 2024, projecting an increase of 4.5%. This is due to growth in the definitive regime and free trade zones. Factors such as lower interest rates in the U.S. and stability in the U.S. economy are also expected to increase. commodity prices These projections are backed by commodity prices. However, geopolitical and climate risks persist and could affect the economy.
Economic Outlook 2024
Positive Factors
- Growth free zones
- Definitive regime
- Low U.S. rates
- Stability of raw materials
Latent Risks
- Geopolitical factors
- Climate risks