Income inequality in Costa Rica has become even more problematic than in recent years. In fact, last year, it reached the highest levels seen in the country since 1987. It’s…
costa rica economy
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Costa Rica NewsUncategorized
Mother’s Day Sales in Costa Rica Were Terrible
by Isabella Foster Villanueva 2020/08/18Merchants can only describe Mother’s Day sales as “terrible.” The closures due to covid-19 hit many sectors hard, but the commerce sector, including restaurants and department stores, the hardest. This…
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Costa Rica NewsUncategorized
80% Of Small & Medium Businesses At Risk of Disappearing in Costa Rica
by Isabella Foster Villanueva 2020/06/03Micro, small and medium sized companies (SMEs) are hit hard by the covid-19 pandemic. 80% of them are at risk of disappearing within six months. The most affected sectors are…
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Costa Rica NewsUncategorized
Costa Ricans Believe Economy Has Collapsed Due to COVID
by Isabella Foster Villanueva 2020/05/31Costa Ricans’ perception of the economy has all but collapsed due to the pandemic. 76% of Ticos say this is the worst time to buy a house. This was disclosed…
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Costa Rica NewsUncategorized
Coronavirus Expected to Decrease Costa Rica Economy by 1.5%
by Isabella Foster Villanueva 2020/03/27The Coronavirus is expected to generate a 1.5% contraction in the economy of Costa Rica in 2020. This is predicted by the risk rating agency Standard and Poor’s. The agency…
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Costa Rica NewsUncategorized
Analyzing Costa Rican Households
by Isabella Foster Villanueva 2019/12/0223 public institutions provide data on Costa Rican households to be analyzed in an advanced way that shows how many homes are in poverty, extreme poverty, and vulnerability. It also…
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Costa Rica NewsUncategorized
US & EU Economies Relation to Costa Rica
by Isabella Foster Villanueva 2019/09/19The central banks of both the United States and the European Union have approved measures to lower risks to the ethical economy. Together, these markets represent 63% of the $7,000…
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Costa Rica NewsUncategorized
Sales Down in Costa Rica for Cars, Appliances, More
by Isabella Foster Villanueva 2019/07/02Sales of cars, equipment, household appliances, and construction materials have been down, depressing trade and commercial activity for the last six months, according to measurements by the Central Bank. The…