Attribute | Value |
---|---|
Geography | |
Area | 51,100 km² |
Continent | North America |
Land area | 51,060 km² |
Water area | 40 km² |
Land boundaries | 661 km |
Border countries |
|
Coastline | 1,290 km |
Mean elevation | 746 m |
Lowest point | 0 m |
Highest point | 3,819 m |
People | |
Population | 5,097,988 |
Official languages |
|
Religion | Roman Catholic |
Government | |
Long country name | Republic of Costa Rica |
Short country name | Costa Rica |
Long local name | Republica de Costa Rica |
Short local name | Costa Rica |
Former name | Add |
Government type | Presidential republic |
Capital | San Jose |
Economy | |
GDP (PPP) | 83,940,000,000 USD |
GDP (OER) | 58,270,000,000 USD |
GDP (real growth rate) | 3.3 % |
GDP - per capita (PPP) | 16,900 USD |
Gross national saving | 15.1 % of GDP |
Labor force | 2,229,000 |
Unemployment rate | 8.1 % |
Population below poverty line | 21.7 % |
Budget revenues | 8,357,000,000 USD |
Budget expenditures | 11,920,000,000 USD |
Military expenditures | Add |
Taxes and other revenues | 14.3 % of GDP |
Budget surplus or deficit | -6.1 % of GDP |
Public debt | 48.9 % of GDP |
Inflation rate | 1.6 % |
Central bank discount rate | 3.5 % |
Commercial bank prime lending rate | 11.37 % |
Stock of narrow money | 5,356,000,000 USD |
Stock of broad money | 5,356,000,000 USD |
Stock of domestic credit | 41,040,000,000 USD |
Market value of publicly traded shares | 2,015,000,000 USD |
Current account balance | -1,692,000,000 USD |
Exports | 10,810,000,000 USD |
Imports | 15,150,000,000 USD |
Reserves of foreign exchange and gold | 7,150,000,000 USD |
External debt | 26,830,000,000 USD |
National currency | Costa Rican colones |
National currency (code) | CRC |
National currency (symbol) | ₡ |
National currency rate to USD | 573.5 |
Although explored by the Spanish early in the 16th century, initial attempts at colonizing Costa Rica proved unsuccessful due to a combination of factors, including disease from mosquito-infested swamps, brutal heat, resistance by natives, and pirate raids. It was not until 1563 that a permanent settlement of Cartago was established in the cooler, fertile central highlands. The area remained a colony for some two and a half centuries. In 1821, Costa Rica became one of several Central American provinces that jointly declared their independence from Spain. Two years later it joined the United Provinces of Central America, but this federation disintegrated in 1838, at which time Costa Rica proclaimed its sovereignty and independence. Since the late 19th century, only two brief periods of violence have marred the country's democratic development. On 1 December 1948, Costa Rica dissolved its armed forces. Although it still maintains a large agricultural sector, Costa Rica has expanded its economy to include strong technology and tourism industries. The standard of living is relatively high. Land ownership is widespread.