The Ministry of Finance reported that, as of the end of May 2026, Costa Rica achieved a primary surplus of ₡293.641 million, equivalent to 0.5% of the Gross Domestic Product, marking the sixth consecutive year in which the central government’s revenue has exceeded primary spending during the first five months of the year.
Similarly, the debt-to-GDP ratio stood at a preliminary 60.5%, while Costa Rica’s Emerging Markets Bond Index (EMBI) continued to show a decline in the perception of country risk, reflecting greater confidence on the part of international markets in Costa Rica’s fiscal stability.
Although tax revenues show a slight decrease compared to the same period last year, the Ministry of Finance indicated that it expects to observe in the coming months the effects of the measures implemented to strengthen collection and combat evasion and smuggling.
These results reflect the importance of maintaining responsible fiscal management, an element that contributes to generating greater economic stability and a more favorable environment for investment and business activity in the country.
This has been a news service prepared by ICS. For more information about the report, write to info@ics.cr or call 2519-9992. ICS, tax specialists.