{"id":1067,"date":"2024-10-22T14:09:00","date_gmt":"2024-10-22T14:09:00","guid":{"rendered":"https:\/\/ics.cr\/?p=1067"},"modified":"2025-03-19T23:09:03","modified_gmt":"2025-03-19T23:09:03","slug":"economic-growth-costa-rica","status":"publish","type":"post","link":"https:\/\/ics.cr\/en\/crecimiento-economico-costa-rica\/","title":{"rendered":"UCR improves country's economic growth forecast for 2024"},"content":{"rendered":"<p class=\"wp-block-paragraph\"><em>The Instituto de Investigaciones en Ciencias Econ\u00f3micas 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. <a href=\"https:\/\/ics.cr\/en\/resolution-regarding-the-filing-of-the-transfer-pricing-information-return\/\"  data-wpil-monitor-id=\"21\">commodity prices<\/a> These projections are backed by commodity prices. However, geopolitical and climate risks persist and could affect the economy.<\/em><\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Economic Outlook 2024<\/h2>\n\n\n\n<h3 class=\"wp-block-heading\">Positive Factors<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Growth <a class=\"wpil_keyword_link\" href=\"https:\/\/ics.cr\/en\/legal-services\/free-zones-costa-rica\/\"   title=\"free zones\" data-wpil-keyword-link=\"linked\"  data-wpil-monitor-id=\"58\">free zones<\/a><\/li>\n\n\n\n<li>Definitive regime<\/li>\n\n\n\n<li>Low U.S. rates<\/li>\n\n\n\n<li>Stability of raw materials<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">Latent Risks<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Geopolitical factors<\/li>\n\n\n\n<li>Climate risks<\/li>\n<\/ul>\n<style>\r\n.lwrp.link-whisper-related-posts{\r\n            \r\n            margin-top: 40px;\nmargin-bottom: 30px;\r\n        }\r\n        .lwrp .lwrp-title{\r\n            \r\n            \r\n        }.lwrp .lwrp-description{\r\n            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.lwrp-list-item .lwrp-list-link .lwrp-list-link-title-text,\r\n        .lwrp .lwrp-list-item .lwrp-list-no-posts-message{\r\n            \r\n            \r\n            \r\n            \r\n        }@media screen and (max-width: 480px) {\r\n            .lwrp.link-whisper-related-posts{\r\n                \r\n                \r\n            }\r\n            .lwrp .lwrp-title{\r\n                \r\n                \r\n            }.lwrp .lwrp-description{\r\n                \r\n                \r\n            }\r\n            .lwrp .lwrp-list-multi-container{\r\n                flex-direction: column;\r\n            }\r\n            .lwrp .lwrp-list-multi-container ul.lwrp-list{\r\n                margin-top: 0px;\r\n                margin-bottom: 0px;\r\n                padding-top: 0px;\r\n                padding-bottom: 0px;\r\n            }\r\n            .lwrp .lwrp-list-double,\r\n            .lwrp .lwrp-list-triple{\r\n                width: 100%;\r\n            }\r\n            .lwrp .lwrp-list-row-container{\r\n                justify-content: initial;\r\n                flex-direction: column;\r\n            }\r\n            .lwrp .lwrp-list-row-container .lwrp-list-item{\r\n                width: 100%;\r\n            }\r\n            .lwrp .lwrp-list-item:not(.lwrp-no-posts-message-item){\r\n                \r\n                \r\n            }\r\n            .lwrp .lwrp-list-item .lwrp-list-link .lwrp-list-link-title-text,\r\n            .lwrp .lwrp-list-item .lwrp-list-no-posts-message{\r\n                \r\n                \r\n                \r\n                \r\n            };\r\n        }<\/style>\r\n<div id=\"link-whisper-related-posts-widget\" class=\"link-whisper-related-posts lwrp\">\r\n            <h2 class=\"lwrp-title\">Related Posts<\/h2>    \r\n        <div class=\"lwrp-list-container\">\r\n                                            <div class=\"lwrp-list-multi-container\">\r\n                    <ul class=\"lwrp-list lwrp-list-double lwrp-list-left\">\r\n                        <li class=\"lwrp-list-item\"><a href=\"https:\/\/ics.cr\/en\/government-opposes-income-reduction-for-self-employed-workers\/\" class=\"lwrp-list-link\"><span class=\"lwrp-list-link-title-text\">Government opposes rent reduction for self-employed workers<\/span><\/a><\/li><li class=\"lwrp-list-item\"><a href=\"https:\/\/ics.cr\/en\/meic-highlights-results-of-alternative-dispute-resolution-before-the-national-consumer-commission\/\" class=\"lwrp-list-link\"><span class=\"lwrp-list-link-title-text\">MEIC highlights results of alternative dispute resolution before the National Consumer Commission<\/span><\/a><\/li><li class=\"lwrp-list-item\"><a href=\"https:\/\/ics.cr\/en\/of-fiscal-interest-but-not-a-taxpayer\/\" class=\"lwrp-list-link\"><span class=\"lwrp-list-link-title-text\">Of fiscal interest but not taxpayer<\/span><\/a><\/li><li class=\"lwrp-list-item\"><a href=\"https:\/\/ics.cr\/en\/ministry-of-finance-reestablishes-web-consultation-service-in-tica\/\" class=\"lwrp-list-link\"><span class=\"lwrp-list-link-title-text\">Ministry of Finance restores Web consultation service in TICA<\/span><\/a><\/li>                    <\/ul>\r\n                    <ul class=\"lwrp-list lwrp-list-double lwrp-list-right\">\r\n                        <li class=\"lwrp-list-item\"><a href=\"https:\/\/ics.cr\/en\/smes-have-until-december-8-to-register-and-qualify-for-corporate-income-tax-exemption\/\" class=\"lwrp-list-link\"><span class=\"lwrp-list-link-title-text\">SMEs have until December 8 to register and qualify for corporate income tax exemption<\/span><\/a><\/li><li class=\"lwrp-list-item\"><a href=\"https:\/\/ics.cr\/en\/exchange-rate-differential-in-capital-gains-and-losses-tax-on-investments-in-financial-instruments\/\" class=\"lwrp-list-link\"><span class=\"lwrp-list-link-title-text\">Exchange rate differential in capital gains and losses tax on investments in financial instruments<\/span><\/a><\/li><li class=\"lwrp-list-item\"><a href=\"https:\/\/ics.cr\/en\/costa-rica-is-a-cooperating-country-with-the-european-union-and-is-working-to-address-outstanding-commitments\/\" class=\"lwrp-list-link\"><span class=\"lwrp-list-link-title-text\">Costa Rica is a cooperating country with the European Union and is working on outstanding commitments.<\/span><\/a><\/li><li class=\"lwrp-list-item\"><a href=\"https:\/\/ics.cr\/en\/published-in-the-official-gazette-guidelines-for-the-implementation-of-teleworking-in-the-public-sector-to-road-crisis-due-to-interventions-of-the-mopt-in-the-gam\/\" class=\"lwrp-list-link\"><span class=\"lwrp-list-link-title-text\">Published in the Official Gazette La Gaceta Guidelines for the implementation of telework in the public sector due to the road crisis caused by MOPT interventions in the GAM.<\/span><\/a><\/li>                    <\/ul>\r\n                <\/div>\r\n                        <\/div>\r\n<\/div>","protected":false},"excerpt":{"rendered":"<p>UCR revises upward Costa Rica's economic growth for 2024, driven by free trade zones and definitive regime, reaching 4.5%<\/p>","protected":false},"author":2,"featured_media":724,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[11],"tags":[],"class_list":["post-1067","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-noticias"],"acf":[],"_links":{"self":[{"href":"https:\/\/ics.cr\/en\/wp-json\/wp\/v2\/posts\/1067","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ics.cr\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ics.cr\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ics.cr\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/ics.cr\/en\/wp-json\/wp\/v2\/comments?post=1067"}],"version-history":[{"count":3,"href":"https:\/\/ics.cr\/en\/wp-json\/wp\/v2\/posts\/1067\/revisions"}],"predecessor-version":[{"id":1233,"href":"https:\/\/ics.cr\/en\/wp-json\/wp\/v2\/posts\/1067\/revisions\/1233"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ics.cr\/en\/wp-json\/wp\/v2\/media\/724"}],"wp:attachment":[{"href":"https:\/\/ics.cr\/en\/wp-json\/wp\/v2\/media?parent=1067"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ics.cr\/en\/wp-json\/wp\/v2\/categories?post=1067"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ics.cr\/en\/wp-json\/wp\/v2\/tags?post=1067"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}