UCR improves country's economic growth forecast for 2024

UCR revises upward Costa Rica's economic growth for 2024, driven by free trade zones and definitive regime, reaching 4.5%

Published on

22/10/2024
News

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 US and stable commodity prices support these projections. However, there are still geopolitical and climate risks that could affect the economy.

Economic Outlook 2024

Positive Factors

  • Free trade zone growth
  • Definitive regime
  • Low U.S. rates
  • Stability of raw materials

Latent Risks

  • Geopolitical factors
  • Climate risks

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Tel. 2519-9992

WhatsApp. 7065-9706

Email. info@ics.cr