The country has evolved from an economy that once depended solely on agriculture, to one that is more diverse, based on tourism, electronics and medical components exports, medical manufacturing and IT services. The estimated unemployment level in 2017 was 8.1%, roughly the same as in 2016. The poverty level dropped by 1.2% in 2017 to 20.5%, thanks to reducing inflation and benefits offered by the government. Inflation remained around 4% to 5% per annum for several years up to 2015 but then dropped to 0.7% in 2016 it was expected to rise to a still moderate 2.8% by the end of 2017 In 2017, Costa Rica had the highest standards of living in Central America in spite of the high poverty level. The estimated GDP for 2017 is US$61.5 billion, up significantly from the US$52.6 billion in 2015 while the estimated 2017 per capita (purchasing power parity) is US$12,382. Costa Rica's economy emerged from recession in 1997 and has shown strong aggregate growth since then. ![]() ![]() With continuing growth in the GDP (Gross Domestic Product) and moderate inflation, though with a high unemployment rate: 11.49% in 2019. The economy of Costa Rica has been very stable for some years now, Real GPD per capita development in Costa Rica
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