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Costa Rica vs Singapore: Economic Indicators Comparison

Singapore with a GDP of $364.2B ranked the 36th largest economy in the world, while Costa Rica ranked 77th with $60.1B. By GDP 5-years average growth and GDP per capita, Singapore and Costa Rica ranked 76th vs 70th and 10th vs 65th, respectively.

Gross Domestic Product & Income

StatCosta RicaSingapore
GDP$60.1B$364.2B
GDP growth, 1 year2.7%3.2%
GDP growth, 5-years average3.5%3.3%
Population4.9M5.9M
GDP per capita$12k$65k
GDP per capita growth1.62%2.66%
Purchasing Power Parity conversion factor392.70.86
Price level ratio of PPP conversion factor GDP to market exchange rate0.680.64
GDP per capita, PPP adjusted$18k$100k
GNI, Atlas method$57.6B$331.4B
GNI per capita$12k$59k
GNI, PPP adjusted$83.5B$533.8B
GNI per capita, PPP adjusted$17k$95k

Financial system and Human development

StatCosta RicaSingapore
Income Tax Rate25%22%
Corporate Tax Rate30%17%
Inflation, consumer prices2.3%0.4%
Inflation, GDP deflator2.4%1.9%
Unemployment8.1%3.8%
Economic Freedom Index65.889.4
Personal Freedom Index8.287.44
Human Freedom Index7.818.1
Property Rights Index66.796.8
Judical Effectiveness Index54.492.9
Business Freedom Index66.592.8
Fiscal Health Index39.780
Labor Freedom Index5590.9
Investment Freedom Index7085
Financial Freedom Index5080
Trade Freedom Index81.494.8
Monetary Freedom Index81.285.6
Government Spending Index88.491.1
Tax Burden Index78.990.3
Government Integrity Index57.292.4
Corruption Perceptions Index5685
Life expectancy at birth, years79.982.9
Suicide mortality rate, per 100,000 people7.99.9
Mortality caused by road traffic injury, per 100,000 people16.72.8
Intentional homicides, per 100,000 people12.30.2
International tourism, number of arrivals3M14.7M

Government debt & reserves

StatCosta RicaSingapore
Central government debt, % of GDP53.5%108.3%
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%36.8%
Gross savings, % of GDP14.7%45.8%
Gross capital formation, % of GDP19%26.6%
Total reserves including gold$7.5B$292.7B
Foreign direct investment net inflows$2.8B$82B

Exports, imports and economic structure

StatCosta RicaSingapore
Exports of goods and services, % of GDP33.7%176.4%
Imports of goods and services, % of GDP33.2%149.8%
Current account balance (balance of payments)-$1.9B$65.1B
Revenue excluding grants, % of GDP25.2%18.8%
Grants excluding technical cooperation, BoP$26.1M$1.6M
Personal remittances received$533.5MN/A
Industry including construction value added, % of GDP19.5%25.2%
Agriculture, forestry and fishing value added, % of GDP4.6%0%
Charges for the use of intellectual property, payments BoP$565.2M$15.2B
Charges for the use of intellectual property, receipts BoP$5.9M$8.7B
Expense, % of GDP30%15.2%
Government Expenditure, % of GDP19.7%17.2%

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
Malaysia
$11k
31.6M
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

Singapore vs

CountryGDP
per capita
Population
Monaco
$186k
37.8k
Liechtenstein
$165k
37.9k
Luxembourg
$117k
614k
Switzerland
$83k
8.21M
Norway
$82k
5.33M
Cayman Islands
$81k
58.4k
Ireland
$79k
4.76M
Iceland
$73k
357k
Qatar
$69k
2.17M
United States
$63k
325M
Denmark
$61k
5.83M
Australia
$57k
23.4M
Sweden
$55k
10.3M
Netherlands
$53k
17.2M
Austria
$51k
8.81M
Finland
$50k
5.5M
San Marino
$48k
31.6k
Germany
$48k
83M
Belgium
$48k
11.2M
Canada
$46k
35.7M
United Arab Emirates
$43k
9.35M
United Kingdom
$43k
65.1M
Andorra
$42k
76.2k
New Zealand
$42k
4.89M
Israel
$42k
8.89M
France
$41k
66.6M
Japan
$39k
127M
Italy
$34k
60.6M
Kuwait
$34k
4.66M
Bahamas
$32k
377k