Current account balance (credit less debit), Net (credits less debits) in Costa Rica
Costa Rica: Current account balance (credit less debit), Net (credits less debits) was -1.25 billion in 2024. ▼ Falling
Current account balance (credit less debit), Net (credits less debits) in Costa Rica, 2005–2024
Source: International Monetary Fund.
Analysis
Costa Rica recorded -1.25 billion for current account balance (credit less debit), net (credits less debits) in 2024.
That represents a change of down 0.8% on the previous year and up 49.1% over ten years.
Over the whole period, current account balance (credit less debit), net (credits less debits) in Costa Rica peaked at -560.58 million in 2009 and was at its lowest, -2.58 billion, in 2008.
That places Costa Rica 137th out of 198 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 20 years of available data.
Current account balance (credit less debit), Net (credits less debits) in Costa Rica, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | -860.05 million | — |
| 2006 | -938.72 million | +9.1% |
| 2007 | -1.50 billion | +59.7% |
| 2008 | -2.58 billion | +72.2% |
| 2009 | -560.58 million | -78.3% |
| 2010 | -1.21 billion | +116.5% |
| 2011 | -2.27 billion | +86.6% |
| 2012 | -2.41 billion | +6.4% |
| 2013 | -2.43 billion | +0.8% |
| 2014 | -2.45 billion | +0.9% |
| 2015 | -1.92 billion | -21.7% |
| 2016 | -1.26 billion | -34.6% |
| 2017 | -2.19 billion | +74.1% |
| 2018 | -1.87 billion | -14.7% |
| 2019 | -766.62 million | -58.9% |
| 2020 | -652.12 million | -14.9% |
| 2021 | -2.06 billion | +216.4% |
| 2022 | -2.27 billion | +10.1% |
| 2023 | -1.24 billion | -45.5% |
| 2024 | -1.25 billion | +0.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -1.29 billion | -2.58 billion | -560.58 million | 5 |
| 2010s | -1.88 billion | -2.45 billion | -766.62 million | 10 |
| 2020s | -1.50 billion | -2.27 billion | -652.12 million | 5 |
Countries ranked near Costa Rica
More financial sector data for Costa Rica
- Net domestic credit (current LCU), per capita 5.79 million current LCU per person (2025)
- Net domestic credit (current LCU), per unit of GDP 289.83 current LCU per US$ of GDP (2025)
- Net domestic credit (current LCU), annual growth rate 0.4016 % change on previous year (2025)
- Gold reserves at 35 SDRs per ounce 0 SDR (2025)
- Gold reserves at market value 0 SDR (2025)
- Reserves excluding gold, foreign exchange 11.97 billion SDR (2025)
- Reserves excluding gold 12.48 billion SDR (2025)
- Total reserves (gold at market value) 12.48 billion SDR (2025)
- Total reserves (gold at national valuation) 12.48 billion SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 2,421 SDR per person (2025)
Frequently asked questions
- What is current account balance (credit less debit), net (credits less debits) in Costa Rica?
- Current account balance (credit less debit), net (credits less debits) in Costa Rica was -1.25 billion in 2024, according to International Monetary Fund.
- What is the highest current account balance (credit less debit), net (credits less debits) recorded in Costa Rica?
- The highest recorded value was -560.58 million in 2009.
- What is the lowest current account balance (credit less debit), net (credits less debits) recorded in Costa Rica?
- The lowest recorded value was -2.58 billion in 2008.
- How does Costa Rica rank for current account balance (credit less debit), net (credits less debits)?
- Costa Rica ranks 137th out of 198 countries with data for 2024.
- Is current account balance (credit less debit), net (credits less debits) rising or falling in Costa Rica?
- Over the last ten years it is up 49.1%. The long-run trend across the full record is falling.
- Where does this Costa Rica data come from?
- The figures come from International Monetary Fund, published as part of Current account balance (credit less debit), Net (credits less debits) (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.