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Economy of Costa Rica vs Myanmar compared: GDP & Debt

Updated on by Georank team

Costa Rica has a GDP of $95.4B compared to $74.1B for Myanmar, ranking 73/197 and 85/197 by economy size, respectively.

Costa Rica has $57B in government debt (59.8% of GDP), compared to $44B (59.3% of GDP) in Myanmar.

Costa Rica vs Myanmar GDP by year

Costa Rica
Myanmar
1x
Year GDP, current $
Costa Rica Myanmar
2024 $95,350,423,177 $74,068,349,524
2023 $86,497,941,439 $66,757,619,000
2022 $69,243,626,029 $62,253,049,903
2021 $64,960,725,734 $66,345,291,149
2020 $62,395,610,760 $79,006,113,670
2019 $64,417,670,521 $75,065,106,243
2018 $62,420,164,992 $67,860,515,993
2017 $60,516,044,657 $66,053,040,475
2016 $58,847,019,610 $63,298,361,984
2015 $56,441,920,821 $59,607,290,408
2014 $52,016,408,854 $65,531,374,210
2013 $50,949,668,842 $60,269,732,855
2012 $47,231,655,432 $59,937,796,648
2011 $42,762,613,699 $59,977,326,086
2010 $37,658,616,952 $49,540,813,342
2009 $30,745,714,313 $36,906,181,381
2008 $30,801,745,700 $31,862,554,102
2007 $26,884,700,709 $20,182,477,481
2006 $22,715,540,324 $14,502,553,710
2005 $20,040,642,477 $11,986,972,419
2004 $18,610,594,846 $10,567,354,056
2003 $17,271,760,507 $10,467,109,978
2002 $16,578,820,687 $6,777,632,512
2001 $15,976,174,337 $6,477,790,688
2000 $15,013,629,662 $8,905,066,164
1999 $14,254,866,285 $8,486,832,801
1998 $13,684,255,947 $6,459,461,639
1997 $12,614,602,382 $4,722,288,496
1996 $11,678,424,507 $6,123,556,717
1995 $11,578,594,260 $5,289,174,943
1994 $10,489,903,725 $4,432,257,174
1993 $9,564,815,975 $3,163,020,035
1992 $8,579,754,758 $2,411,552,289
1991 $7,215,725,487 $2,069,832,687
1990 $5,711,687,787 $2,115,193,513
1989 $5,251,025,767 $2,013,448,229
1988 $4,614,629,898 $1,541,088,312
1987 $4,532,952,047 $1,562,448,077
1986 $4,418,983,871 $1,582,873,750
1985 $3,919,203,960 $1,478,908,173
1984 $3,660,477,856 $1,304,063,253
1983 $3,146,772,631 $1,381,573,615
1982 $2,606,623,555 $1,481,165,468
1981 $2,623,803,096 $1,111,000,765
1980 $4,831,447,001 $1,038,225,167
1979 $4,035,519,323 $952,265,043
1978 $3,523,208,810 $935,408,775
1977 $3,072,427,013 $873,579,932
1976 $2,412,555,426 $1,204,699,849
1975 $1,960,863,466 $1,061,107,354
1974 $1,666,544,754 $1,225,589,878
1973 $1,528,925,846 $719,754,655
1972 $1,238,251,696 $662,213,083
1971 $1,077,147,538 $587,448,405
1970 $984,830,158 $563,555,631
1969 $853,630,204 $571,854,215
1968 $773,841,494 $559,956,130
1967 $699,456,619 $420,359,036
1966 $647,305,630 $293,103,479
1965 $592,981,162 $367,053,117
1964 $542,578,367 $411,419,906
1963 $511,902,137 $598,998,419
1962 $479,180,824 $634,528,872
1961 $490,325,182 $605,581,577
1960 $507,513,830 $545,098,448

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/costa-rica/myanmar | CC BY

GDP per capita in Costa Rica vs Myanmar by year

Costa Rica
GDP per capita

GDP per capita, PPP
Myanmar
GDP per capita

GDP per capita, PPP
1x
Year Current $
Costa Rica Myanmar
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $18,587 $31,107 $1,359 $5,997
2023 $16,942 $28,909 $1,233 $5,953
2022 $13,626 $26,226 $1,158 $5,732
2021 $12,838 $23,853 $1,243 $5,178
2020 $12,394 $22,100 $1,490 $5,741
2019 $12,885 $23,340 $1,426 $6,101
2018 $12,590 $21,498 $1,298 $5,581
2017 $12,317 $20,499 $1,273 $4,706
2016 $12,091 $19,202 $1,229 $4,460
2015 $11,715 $17,525 $1,167 $4,459
2014 $10,911 $16,394 $1,293 $4,376
2013 $10,803 $15,232 $1,199 $4,144
2012 $10,127 $14,464 $1,203 $3,845
2011 $9,276 $13,614 $1,214 $3,579
2010 $8,266 $12,928 $1,011 $3,348
2009 $6,833 $12,274 $758 $3,040
2008 $6,937 $12,472 $658 $2,748
2007 $6,138 $11,842 $419 $2,459
2006 $5,257 $10,800 $303 $2,153
2005 $4,703 $9,899 $252.7 $1,860
2004 $4,431 $9,365 $224.5 $1,601
2003 $4,173 $8,863 $224.3 $1,385
2002 $4,068 $8,461 $146.6 $1,204
2001 $3,985 $8,190 $141.5 $1,069
2000 $3,813 $7,879 $196.6 $949
1999 $3,691 $7,563 $189.5 $825
1998 $3,617 $7,306 $146 $742
1997 $3,408 $6,890 $108 $702
1996 $3,227 $6,568 $141.9 $661
1995 $3,275 $6,515 $124.1 $618
1994 $3,040 $6,276 $105.4 $573
1993 $2,840 $6,025 $76.2 $529
1992 $2,612 $5,635 $58.9 $494
1991 $2,253 $5,175 $51.2 $447
1990 $1,830 $5,021 $53.1 $441
1989 $1,725 - $51.3 -
1988 $1,555 - $39.9 -
1987 $1,567 - $41.1 -
1986 $1,569 - $42.4 -
1985 $1,429 - $40.4 -
1984 $1,372 - $36.3 -
1983 $1,213 - $39.3 -
1982 $1,032 - $43 -
1981 $1,068 - $32.8 -
1980 $2,021 - $31.2 -
1979 $1,735 - $29.2 -
1978 $1,556 - $29.3 -
1977 $1,393 - $27.9 -
1976 $1,123 - $39.2 -
1975 $937 - $35.2 -
1974 $817 - $41.4 -
1973 $769 - $24.8 -
1972 $639 - $23.3 -
1971 $570 - $21.1 -
1970 $536 - $20.7 -
1969 $477 - $21.5 -
1968 $445 - $21.5 -
1967 $414 - $16.5 -
1966 $395 - $11.8 -
1965 $374 - $15.1 -
1964 $354 - $17.3 -
1963 $346 - $25.8 -
1962 $335 - $27.9 -
1961 $356 - $27.3 -
1960 $382 - $25.1 -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/costa-rica/myanmar | CC BY

Costa Rica's GDP per capita is $18,587, ranking 62/197, compared to $1,359 in Myanmar, ranking 165/197. Adjusted for purchasing power (GDP per capita PPP), Costa Rica ranks 72nd at $31,107, while Myanmar ranks 153rd at $5,997.

Economic indicators

Costa Rica Myanmar
Gross domestic product
$95.4B
2024
$74.1B
2024
GDP rank
73/197
2024
85/197
2024
GDP growth
4.32%
2023-2024
-0.97%
2023-2024
GDP per capita
$18,587
2024
$1,359
2024
GDP per capita rank
62/197
2024
165/197
2024
GDP per capita, PPP
$31,107
2024
$5,997
2024
GDP per capita PPP rank
72/197
2024
153/197
2024
Government debt
$57B
2024
$44B
2024
Debt-to-GDP ratio
59.8%
2024
59.3%
2024
Government debt per person
$11,106
2024
$806
2024
Government debt per person rank
50/185
2024
150/185
2024
Average annual personal income after taxes
$12,150
2026
$1,646
2026
Market capitalization of domestic companies
$2.23B
2022
n/a
Income share by richest 10%
34.2%
2024
25.5%
2017
Income share by poorest 10%
1.7%
2024
3.8%
2017
Government expenditure, % of GDP
18.9%
2024
20.7%
2024
Consumer prices inflation
-0.41%
2023-2024
8.83%
2018-2019
Central bank interest rate
3.5%
2025
n/a
Unemployment rate
6.94%
2024
1.48%
2020
Population
5181862
55292116

Spending and national debt comparison by year

Costa Rica
Spending

Debt
Myanmar
Spending

Debt
1x
Year % of GDP
Costa Rica Myanmar
Government spending Government debt Government spending Government debt
2024 18.9% 59.8% 20.7% 59.3%
2023 18.5% 61.1% 21.4% 59.1%
2022 19.2% 63% 21.3% 56.1%
2021 20.8% 67.6% 20.9% 63.4%
2020 22.3% 66.9% 21.3% 49.1%
2019 21.7% 56.4% 20.5% 37.6%
2018 18.9% 51.8% 18.7% 39.9%
2017 19.2% 47.1% 19.7% 41.9%
2016 18.8% 44.1% 21.3% 35.7%
2015 18.8% 39.8% 23.7% 36.6%
2014 18.4% 37.4% 24.7% 34.5%
2013 18.5% 35.1% 23.9% 44.8%
2012 17.3% 33.7% 20% 48%
2011 17.2% 29.5% 15.6% 49.9%
2010 18% 28.1% 15.8% 54.4%
2009 16.7% 26% 14.4% 56.4%
2008 15.2% 24% 14.4% 59.8%
2007 14.6% 27% 15.7% 77.4%
2006 15.2% 33% 15.6% 103.1%
2005 15.9% 37.3% 14.6% 119%
2004 17% 41% 14.6% 126.6%
2003 17.6% 40.6% 14.3% 146%
2002 18.6% 41.4% 15.3% 190.6%
2001 17.3% 39.6% 19.1% 262%
2000 16.9% 38.9% 21.4% 164.5%
1999 16.7% 39% 22.8% 150.7%
1998 16% 40.7% 25.2% 208.6%
1997 16.3% 30.6% - -
1996 17.3% 33.7% - -
1995 16.4% 29.1% - -
1994 17.4% 27% - -
1993 13.8% 24.4% - -
1992 13.7% 23.3% - -
1991 14% 28.4% - -
1990 18.9% 18.5% - -
1989 26.1% 19.3% - -
1988 24.5% 18.2% - -
1987 27.2% 21.2% - -
1986 26.4% 26.1% - -
1985 21.8% 22.8% - -
1984 22.8% 25.2% - -
1983 23.6% 29.8% - -
1982 18.4% 31.8% - -
1981 21% 32.3% - -
1980 25% 37.7% - -
1979 24.9% 39.5% - -
1978 23.2% 41.7% - -
1977 19.3% 27.8% - -
1976 20.1% 29.5% - -
1975 19.1% 26.1% - -
1974 18.3% 30.3% - -
1973 18.4% 32.8% - -
1972 17.2% 31.8% - -
1971 17.5% 30.4% - -
1970 14.9% 28.6% - -
1969 14.5% 26.1% - -
1968 13.8% 27.7% - -
1967 14.7% 26.7% - -
1966 14.3% 24.8% - -
1965 13.8% 24.1% - -
1964 13.5% 22.7% - -
1963 13.3% 21.8% - -
1962 14% 19.7% - -
1961 13.2% 20.3% - -
1960 12.5% 16.1% - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1995, retrieved 2026-02-20).

GeoRank.org/economy/costa-rica/myanmar | CC BY

In 2024, Costa Rica's government spending was $18B, accounting for 18.9% of its GDP, while Myanmar spent $15.3B, or 20.7% of GDP.

Debt-to-GDP ratio is 59.8% in Costa Rica and 59.3% in Myanmar, ranking 79/185 and 81/185, respectively.

Government deficit by year

Deficit/surplus
Costa Rica

Myanmar
1x
Year Deficit/surplus, % of GDP
Costa Rica Myanmar
2024 -3.78% -5.06%
2023 -3.25% -5.18%
2022 -2.81% -2.82%
2021 -5.09% -2.47%
2020 -8.38% -6.5%
2019 -6.68% -4.7%
2018 -5.66% -2.77%
2017 -5.88% -3.42%
2016 -5.09% -2.53%
2015 -5.52% -4.33%
2014 -5.45% -1.06%
2013 -5.25% -1.53%
2012 -4.22% -2.7%
2011 -3.91% -4.82%
2010 -4.96% -5.4%
2009 -3.25% -3.55%
2008 0.18% -2.73%
2007 0.56% -3.52%
2006 -1.04% -3.42%
2005 -2.09% -3.49%
2004 -3.42% -4.62%
2003 -3.43% -4.24%
2002 -4.99% -4.01%
2001 -3.47% -6.34%
2000 -3.68% -6.03%
1999 -2.88% -4.46%
1998 -2.96% -4.89%
1997 -3.39% -
1996 -4.32% -
1995 -3.68% -
1994 -5.46% -
1993 -1.52% -
1992 -1.51% -
1991 -2.41% -
1990 -4.4% -
1989 -1.55% -
1988 0.57% -
1987 -2.57% -
1986 -4.26% -
1985 -1.06% -
1984 -0.5% -
1983 -1.84% -
1982 -0.94% -
1981 -3.14% -
1980 -7.24% -
1979 -6.6% -
1978 -4.12% -
1977 -2.63% -
1976 -2.42% -
1975 -1.13% -
1974 0.26% -
1973 -2.41% -
1972 -4.54% -
1971 -4.72% -
1970 -1.41% -
1969 -1.61% -
1968 -1.72% -
1967 -3.03% -
1966 -2.12% -
1965 -1.71% -
1964 -1.51% -
1963 -2.01% -
1962 -1.99% -
1961 -0.71% -
1960 -0.19% -
1959 0.49% -
1958 0% -
1957 0.3% -
1956 0.05% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1956–1989, retrieved 2026-02-20).

GeoRank.org/economy/costa-rica/myanmar | CC BY

In 2024, Costa Rica's government deficit, the difference between spending and revenue, was $3.61B, equivalent to 3.78% of GDP. This compares to Myanmar's deficit of $3.75B, or 5.06% of GDP.

Over the past 27 years, Costa Rica recorded a fiscal deficit in 25 of those years, while Myanmar ran a deficit in 27 years. On average, Costa Rica posted an annual deficit equal to 3.94% of GDP, compared to deficit of 3.95% of GDP for Myanmar.

Inflation comparison by year

Inflation
Costa Rica

Myanmar
1x
Year Consumer prices inflation
Costa Rica Myanmar
2024 -0.41% -
2023 0.53% -
2022 8.27% -
2021 1.73% -
2020 0.72% -
2019 2.1% 8.83%
2018 2.22% 6.87%
2017 1.63% 4.57%
2016 -0.02% 6.93%
2015 0.8% 9.45%
2014 4.52% 4.95%
2013 5.23% 5.64%
2012 4.5% 1.47%
2011 4.88% 5.02%
2010 5.66% 7.72%
2009 7.84% 1.47%
2008 13.4% 26.8%
2007 9.36% 35%
2006 11.5% 20%
2005 13.8% 9.37%
2004 12.3% 4.53%
2003 9.45% 36.6%
2002 9.17% 57.1%
2001 11.3% 21.1%
2000 11% -0.11%
1999 10% 18.4%
1998 11.7% 51.5%
1997 13.2% 29.7%

Data sources: World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06).

GeoRank.org/economy/costa-rica/myanmar | CC BY

Over the past 23 years, Costa Rica has recorded an average annual inflation rate of 7.63%, compared with 16.2% in Myanmar. In 2019, inflation was -0.41% in Costa Rica and 8.83% in Myanmar.

Top exports between countries

Costa Rica
Export category Export value
Machinery & equipment $4K
Textiles & consumer goods $2K
Myanmar
Export category Export value
Textiles & consumer goods $19K
Wood & paper products $2K

Balance of trade

Costa Rica Myanmar
Current account balance
-$1.25B
2024
$67.7M
2019
Current account balance ranking
129/190
2024
71/190
2019
Current account balance, % of GDP
-1.31%
2024
+0.09%
2019
Goods imports
$23.1B
2024
$13.7B
2019
Goods exports
$20.6B
2024
$10.8B
2019
Service imports
$7.58B
2024
$3.66B
2019
Service exports
$16.3B
2024
$6.68B
2019
Imports of goods and services, % of GDP
32.8%
2024
n/a
Exports of goods and services, % of GDP
38.5%
2024
24.3%
2025

Economic freedom indices

The indices of economic freedom below are issued by the Heritage Foundation. Higher scores indicate stronger economic health.

Costa Rica Myanmar
Economic freedom 69.1 44.5
Economic freedom ranking 43/197 180/197
Property rights 66 5.7
Government integrity 64.1 18.1
Judicial effectiveness 76.9 3.9
Tax burden 78.6 88.6
Government spending 89.3 86.6
Fiscal health 75.6 62.7
Business freedom 79.9 37.9
Labor freedom 55.9 53.2
Monetary freedom 78.2 57.5
Trade freedom 75 69.4
Investment freedom 50 30
Financial freedom 40 20

Economic freedom comparison by year

Costa Rica
Myanmar
1x
Year Economic freedom index
Costa Rica Myanmar
2026 69.1 44.5
2025 68.6 43.7
2024 67.7 42.2
2023 66.5 46.5
2022 65.4 49.6
2021 64.2 55.2
2020 65.8 54
2019 65.3 53.6
2018 65.6 53.9
2017 65 52.5
2016 67.4 48.7
2015 67.2 46.9
2014 66.9 46.5
2013 67 39.2
2012 68 38.7
2011 67.3 37.8
2010 65.9 36.7
2009 66.4 37.7
2008 64.2 39.5
2007 64 41
2006 65.9 40
2005 66.1 40.5
2004 66.4 43.6
2003 67 44.9
2002 67.5 45.5
2001 67.6 46.1
2000 68.4 47.9
1999 67.4 46.4
1998 65.6 45.7
1997 65.6 45.4
1996 66.4 45.1
1995 68 -

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09).

GeoRank.org/economy/costa-rica/myanmar | CC BY

The Economic Freedom Index for Costa Rica is 69.1, ranking 43/197, compared to 44.5 for Myanmar, ranking 180/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Costa Rica Myanmar
Services, % of GDP
68.8%
2024
41.4%
2024
Industry, % of GDP
19.7%
2024
37.8%
2024
Agriculture, forestry, and fishing, % of GDP
3.56%
2024
20.8%
2024
GNI, Atlas method
$80.2B
2024
$65.9B
2024
GNI per capita, PPP
$28,840
2024
$5,890
2024
Total reserves including gold
$14.2B
2024
$9.34B
2023
Total reserves ranking
70/177
2024
81/177
2023
Net foreign direct investment
-$4.96B
2024
-$1.74B
2019
Net inflows of foreign direct investment
$5.3B
2024
$1.1B
2024
Net outflows of foreign direct investment
$337M
2024
$0
2024
Servicing debt to the IMF, % of GNI
6.31%
2023
1.31%
2024
Poverty at national poverty lines
20.3%
2024
24.8%
2017
Gross capital formation, % of GDP
15.7%
2024
n/a

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2024, retrieved 2026-04-06); U.S. Census Bureau (1985–2024, retrieved 2026-02-08).

GeoRank.org/economy/costa-rica/myanmar | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20)
  3. International Monetary Fund (IMF) | Public Finances in Modern History (1956–1995, retrieved 2026-02-20)
  4. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  5. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  6. TradeMap (2023–2024, retrieved 2026-02-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  8. LivingCost (2026, retrieved 2025-10-14)

Creative Commons Attribution (CC BY) — you’re free to copy, share, remix, adapt, and use even commercially as long as you give appropriate credit and clearly indicate if you made changes. Other sources may be subject to different license terms.

The current account balance is the sum of net trade in goods and services, net earnings from cross-border investments, and net transfer payments. It reflects a country's economic transactions with the rest of the world and is a fundamental component of the balance of payments. A surplus indicates that a country exports more than it imports, while a deficit shows the opposite.

Gross National Income (GNI) measures a country's total income. It encompasses income earned by residents, businesses, and foreign sources, defined as employee compensation and investment profits. GNI adds product taxes not included elsewhere and subtracts subsidies. It accounts for income from residents working abroad but excludes earnings from foreigners within the country.

A negative value for Net Foreign Direct Investment indicates a country is a net receiver of investments, as foreign inflows exceed outflows after Balance of Payments adjustments. A positive value indicates a net provider, with outflows exceeding inflows. Inflows are credits (increasing foreign claims on domestic assets), while outflows are debits (increasing domestic assets abroad).

Foreign direct investment (FDI, net inflows) shows how much capital foreign investors bring into a country after accounting for any funds that flow back in the opposite direction. It represents the net value of overseas companies establishing, expanding, or financing businesses in the reporting country. A positive number means more capital entered the country than was withdrawn, while a negative number means foreign investors pulled out more than they invested.

Foreign direct investment (FDI, net outflows) shows how much capital residents of a country invest abroad after accounting for any funds that flow back in the opposite direction. It represents the net value of domestic companies establishing, expanding, or financing businesses in other countries. A positive number means more capital was invested abroad than withdrawn, while a negative number means residents pulled back more than they invested.

Principal and interest payments to the IMF in currency, goods, or services on long-term debt expressed as a share of GNI.

Formerly gross domestic investment, gross capital formation measures the share of a country’s economic output invested in fixed assets, including buildings, machinery, and infrastructure. It indicates how much of the economy is devoted to building productive capacity.