Costa Rica vs Cyprus: Economic Indicators Comparison

Costa Rica with a GDP of $60.1B ranked the 77th largest economy in the world, while Cyprus ranked 109th with $25B. By GDP 5-years average growth and GDP per capita, Costa Rica and Cyprus ranked 70th vs 99th and 65th vs 36th, respectively.

Gross Domestic Product & Income

StatCosta RicaCyprus
GDP$60.1B$25B
GDP growth, 1 year2.7%3.9%
GDP growth, 5-years average3.5%2.8%
Population4.9M1.1M
GDP per capita$12k$28k
GDP per capita growth1.62%2.75%
Purchasing Power Parity conversion factor392.70.63
Price level ratio of PPP conversion factor GDP to market exchange rate0.680.74
GDP per capita, PPP adjusted$18k$40k
GNI, Atlas method$57.6B$24.9B
GNI per capita$12k$26k
GNI, PPP adjusted$83.5B$34.7B
GNI per capita, PPP adjusted$17k$35k

Financial system and Human development

StatCosta RicaCyprus
Income Tax Rate25%35%
Corporate Tax Rate30%12.5%
Inflation, consumer prices2.3%0.8%
Inflation, GDP deflator2.4%1.4%
Unemployment8.1%8.1%
Economic Freedom Index65.870.1
Personal Freedom Index8.288.96
Human Freedom Index7.818.39
Property Rights Index66.777.4
Judical Effectiveness Index54.450.5
Business Freedom Index66.576.6
Fiscal Health Index39.780
Labor Freedom Index5559.7
Investment Freedom Index7075
Financial Freedom Index5060
Trade Freedom Index81.486.4
Monetary Freedom Index81.284.3
Government Spending Index88.458.6
Tax Burden Index78.974.8
Government Integrity Index57.257.6
Corruption Perceptions Index5659
Life expectancy at birth, years79.980.7
Suicide mortality rate, per 100,000 people7.95.3
Mortality caused by road traffic injury, per 100,000 people16.75.1
Intentional homicides, per 100,000 people12.30.6
International tourism, number of arrivals3M3.9M

Government debt & reserves

StatCosta RicaCyprus
Central government debt, % of GDP53.5%102.5%
External debt stocks, % of GNI49%N/A
External debt stocks$27.8BN/A
Short-term debt, % of total reserves44.9%N/A
Total debt service, % of exports and primary income18.3%N/A
Adjusted net savings including particulate emission damage, % of GNI15.9%3.2%
Gross savings, % of GDP14.7%21.8%
Gross capital formation, % of GDP19%19.1%
Total reserves including gold$7.5B$924.2M
Foreign direct investment net inflows$2.8B$5.2B

Exports, imports and economic structure

StatCosta RicaCyprus
Exports of goods and services, % of GDP33.7%73.1%
Imports of goods and services, % of GDP33.2%72.3%
Current account balance (balance of payments)-$1.9B-$1.1B
Revenue excluding grants, % of GDP25.2%37.4%
Grants excluding technical cooperation, BoP$26.1M$34.2M
Personal remittances received$533.5M$497.8M
Industry including construction value added, % of GDP19.5%12.2%
Agriculture, forestry and fishing value added, % of GDP4.6%2%
Charges for the use of intellectual property, payments BoP$565.2M$127.2M
Charges for the use of intellectual property, receipts BoP$5.9M$174k
Expense, % of GDP30%35.4%
Government Expenditure, % of GDP19.7%37.1%

Compare with countries close by GDP per capita

Costa Rica vs

CountryGDP
per capita
Population
Barbados
$18k
286k
Latvia
$18k
1.91M
Uruguay
$17k
3.46M
Trinidad and Tobago
$17k
1.37M
Antigua and Barbuda
$17k
102k
Seychelles
$16k
95.8k
Oman
$16k
4.83M
Hungary
$16k
9.94M
Venezuela
$16k
28.5M
Chile
$16k
18.1M
Palau
$16k
21.7k
Panama
$16k
4.1M
Poland
$15k
38.4M
Croatia
$15k
4.11M
Romania
$12k
19.6M
Argentina
$12k
44.9M
Malaysia
$11k
31.6M
Russia
$11k
147M
Mauritius
$11k
1.26M
Grenada
$11k
108k
Saint Lucia
$11k
179k
Maldives
$10k
436k
Equatorial Guinea
$10k
1.27M
Nauru
$9.9k
13.7k
Kazakhstan
$9.8k
18.3M
China
$9.8k
1.41B
Mexico
$9.7k
131M
Turkey
$9.4k
82M
Bulgaria
$9.3k
7M
Brazil
$8.9k
210M

Cyprus vs

CountryGDP
per capita
Population
Canada
$46k
37.9M
United Arab Emirates
$43k
9.4M
United Kingdom
$43k
66M
Andorra
$42k
76.2k
New Zealand
$42k
4.94M
Israel
$42k
9.09M
France
$41k
66.6M
Japan
$39k
127M
Italy
$34k
60.3M
Kuwait
$34k
4.6M
Bahamas
$32k
395k
Brunei
$32k
429k
South Korea
$31k
51.5M
Spain
$30k
46.7M
Malta
$30k
465k
Slovenia
$26k
2.07M
Taiwan
$25k
23.6M
Bahrain
$24k
1.49M
Portugal
$23k
10.6M
Saudi Arabia
$23k
33M
Estonia
$23k
1.32M
Czech Republic
$23k
10.7M
Vatican City
$21k
1k
Greece
$20k
10.8M
Curacao
$20k
160k
Slovakia
$19k
5.4M
Saint Kitts and Nevis
$19k
55.3k
Lithuania
$19k
2.79M
Barbados
$18k
286k
Latvia
$18k
1.91M