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Costa Rica vs Malaysia: Economic Indicators Comparison

Malaysia with a GDP of $358.6B ranked the 37th largest economy in the world, while Costa Rica ranked 77th with $60.1B. By GDP 5-years average growth and GDP per capita, Malaysia and Costa Rica ranked 29th vs 70th and 67th vs 65th, respectively.

Gross Domestic Product & Income

StatCosta RicaMalaysia
GDP$60.1B$358.6B
GDP growth, 1 year2.7%4.7%
GDP growth, 5-years average3.5%5.2%
Population4.9M31.6M
GDP per capita$12k$11k
GDP per capita growth1.62%3.33%
Purchasing Power Parity conversion factor392.71.44
Price level ratio of PPP conversion factor GDP to market exchange rate0.680.36
GDP per capita, PPP adjusted$18k$31k
GNI, Atlas method$57.6B$333.8B
GNI per capita$12k$11k
GNI, PPP adjusted$83.5B$966.3B
GNI per capita, PPP adjusted$17k$31k

Financial system and Human development

StatCosta RicaMalaysia
Income Tax Rate25%25%
Corporate Tax Rate30%25%
Inflation, consumer prices2.3%1%
Inflation, GDP deflator2.4%0.7%
Unemployment8.1%3.4%
Economic Freedom Index65.874.7
Personal Freedom Index8.286.23
Human Freedom Index7.816.38
Property Rights Index66.786.5
Judical Effectiveness Index54.474.6
Business Freedom Index66.587.8
Fiscal Health Index39.780.2
Labor Freedom Index5574.5
Investment Freedom Index7060
Financial Freedom Index5050
Trade Freedom Index81.482
Monetary Freedom Index81.281.6
Government Spending Index88.484.6
Tax Burden Index78.985.7
Government Integrity Index57.249.4
Corruption Perceptions Index5647
Life expectancy at birth, years79.975.8
Suicide mortality rate, per 100,000 people7.95.5
Mortality caused by road traffic injury, per 100,000 people16.723.6
Intentional homicides, per 100,000 people12.32.1
International tourism, number of arrivals3M25.8M

Government debt & reserves

StatCosta RicaMalaysia
Central government debt, % of GDP53.5%56.2%
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%10%
Gross savings, % of GDP14.7%25.7%
Gross capital formation, % of GDP19%23.6%
Total reserves including gold$7.5B$101.5B
Foreign direct investment net inflows$2.8B$8.6B

Exports, imports and economic structure

StatCosta RicaMalaysia
Exports of goods and services, % of GDP33.7%68.8%
Imports of goods and services, % of GDP33.2%61.7%
Current account balance (balance of payments)-$1.9B$7.6B
Revenue excluding grants, % of GDP25.2%16.1%
Grants excluding technical cooperation, BoP$26.1M$26.2M
Personal remittances received$533.5M$1.7B
Industry including construction value added, % of GDP19.5%38.3%
Agriculture, forestry and fishing value added, % of GDP4.6%7.5%
Charges for the use of intellectual property, payments BoP$565.2M$2B
Charges for the use of intellectual property, receipts BoP$5.9M$267.4M
Expense, % of GDP30%15.9%
Government Expenditure, % of GDP19.7%22.6%

Compare with countries close by GDP per capita

Costa Rica vs

CountryGDP
per capita
Population
Barbados
$18k
285k
Latvia
$18k
1.95M
Uruguay
$17k
3.41M
Trinidad and Tobago
$17k
1.34M
Antigua and Barbuda
$17k
101k
Seychelles
$16k
95.8k
Oman
$16k
3.63M
Hungary
$16k
9.97M
Venezuela
$16k
28.5M
Chile
$16k
18.1M
Palau
$16k
20.9k
Panama
$16k
3.86M
Poland
$15k
38.5M
Croatia
$15k
4.11M
Romania
$12k
19.6M
Argentina
$12k
44.9M
Russia
$11k
147M
Mauritius
$11k
1.26M
Grenada
$11k
108k
Saint Lucia
$11k
179k
Maldives
$10k
345k
Equatorial Guinea
$10k
1.22M
Nauru
$9.9k
13.7k
Kazakhstan
$9.8k
18M
China
$9.8k
1.41B
Mexico
$9.7k
131M
Turkey
$9.4k
82M
Bulgaria
$9.3k
7.27M
Brazil
$8.9k
208M
Montenegro
$8.8k
622k

Malaysia vs

CountryGDP
per capita
Population
Uruguay
$17k
3.41M
Trinidad and Tobago
$17k
1.34M
Antigua and Barbuda
$17k
101k
Seychelles
$16k
95.8k
Oman
$16k
3.63M
Hungary
$16k
9.97M
Venezuela
$16k
28.5M
Chile
$16k
18.1M
Palau
$16k
20.9k
Panama
$16k
3.86M
Poland
$15k
38.5M
Croatia
$15k
4.11M
Romania
$12k
19.6M
Argentina
$12k
44.9M
Russia
$11k
147M
Mauritius
$11k
1.26M
Grenada
$11k
108k
Saint Lucia
$11k
179k
Maldives
$10k
345k
Equatorial Guinea
$10k
1.22M
Nauru
$9.9k
13.7k
Kazakhstan
$9.8k
18M
China
$9.8k
1.41B
Mexico
$9.7k
131M
Turkey
$9.4k
82M
Bulgaria
$9.3k
7.27M
Brazil
$8.9k
208M
Montenegro
$8.8k
622k
Cuba
$8.8k
11.3M
Lebanon
$8.3k
4.47M