Costa Rica

Economic Freedom Rating, 5-Yr Change - Costa Rica Compared to Continent

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Venezuela	-18.00%
Bolivia	-17.18%
Brazil	-11.80%
Panama	-5.48%
Nicaragua	-4.26%
Colombia	-3.53%
Costa Rica	-3.41%
El Salvador	-3.22%
Guatemala	-2.93%
Uruguay	-2.52%
Argentina	-2.07%
Guyana	-1.83%
Peru	-1.70%
Honduras	-0.28%
Mexico	1.58%
Ecuador	2.44%
Paraguay	3.95%
Chile	5.02%
Suriname	14.79%

 

 

Costa Rica: Economic freedom index, 5-year change

Increased economic freedom is strongly associated with high GDP growth, and therefore with rises in residential property prices. Changes in a countrys score on the Heritage Foundations freedom index are calculated by the Global Property Guide to produce a 5-point rating:

• Greatly Improved
• Improved
• Nuetral
• Worse
• Much Worse

Source: Calculated using figures from The Heritage Foundation and the Wall Street Journal

 

Costa Rica does not publish house price statistics. The Banco Central de Costa Rica has general statistics on production, employment, business confidence, the country’s fiscal position, etc. The Instituto Nacional de Estadística y Censos has rather basic web pages. The Ministerio de Hacienda de la Republica de Costa Rica has quite a creditable-looking set of pages, but some of the actual data is very old.