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Economy of Costa Rica vs Slovenia compared: GDP & Debt

Updated on by Georank team

Costa Rica has a GDP of $95.4B compared to $73B for Slovenia, ranking 73/197 and 86/197 by economy size, respectively.

Costa Rica has $57B in government debt (59.8% of GDP), compared to $48.6B (66.6% of GDP) in Slovenia.

Costa Rica vs Slovenia GDP by year

Costa Rica
Slovenia
1x
Year GDP, current $
Costa Rica Slovenia
2024 $95,350,423,177 $72,972,015,197
2023 $86,497,941,439 $69,255,264,238
2022 $69,243,626,029 $59,899,117,741
2021 $64,960,725,734 $61,540,813,362
2020 $62,395,610,760 $53,384,760,135
2019 $64,417,670,521 $53,909,922,736
2018 $62,420,164,992 $53,689,067,640
2017 $60,516,044,657 $48,153,200,135
2016 $58,847,019,610 $44,290,685,824
2015 $56,441,920,821 $42,709,468,275
2014 $52,016,408,854 $49,514,466,380
2013 $50,949,668,842 $47,867,056,859
2012 $47,231,655,432 $46,167,053,954
2011 $42,762,613,699 $51,199,194,599
2010 $37,658,616,952 $47,793,117,241
2009 $30,745,714,313 $49,975,540,955
2008 $30,801,745,700 $55,509,332,322
2007 $26,884,700,709 $47,880,266,543
2006 $22,715,540,324 $39,260,368,837
2005 $20,040,642,477 $35,947,936,824
2004 $18,610,594,846 $34,156,553,313
2003 $17,271,760,507 $29,360,575,032
2002 $16,578,820,687 $23,214,593,516
2001 $15,976,174,337 $20,668,868,707
2000 $15,013,629,662 $20,159,190,702
1999 $14,254,866,285 $22,609,669,084
1998 $13,684,255,947 $22,058,635,314
1997 $12,614,602,382 $20,726,878,752
1996 $11,678,424,507 $21,470,699,363
1995 $11,578,594,260 $21,367,422,159
1994 $10,489,903,725 $16,400,767,070
1993 $9,564,815,975 $14,449,298,372
1992 $8,579,754,758 $14,277,261,541
1991 $7,215,725,487 $14,454,495,059
1990 $5,711,687,787 $19,832,029,087
1989 $5,251,025,767 -
1988 $4,614,629,898 -
1987 $4,532,952,047 -
1986 $4,418,983,871 -
1985 $3,919,203,960 -
1984 $3,660,477,856 -
1983 $3,146,772,631 -
1982 $2,606,623,555 -
1981 $2,623,803,096 -
1980 $4,831,447,001 -
1979 $4,035,519,323 -
1978 $3,523,208,810 -
1977 $3,072,427,013 -
1976 $2,412,555,426 -
1975 $1,960,863,466 -
1974 $1,666,544,754 -
1973 $1,528,925,846 -
1972 $1,238,251,696 -
1971 $1,077,147,538 -
1970 $984,830,158 -
1969 $853,630,204 -
1968 $773,841,494 -
1967 $699,456,619 -
1966 $647,305,630 -
1965 $592,981,162 -
1964 $542,578,367 -
1963 $511,902,137 -
1962 $479,180,824 -
1961 $490,325,182 -
1960 $507,513,830 -

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

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

GDP per capita in Costa Rica vs Slovenia by year

Costa Rica
GDP per capita

GDP per capita, PPP
Slovenia
GDP per capita

GDP per capita, PPP
1x
Year Current $
Costa Rica Slovenia
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $18,587 $31,107 $34,301 $57,186
2023 $16,942 $28,909 $32,660 $56,064
2022 $13,626 $26,226 $28,360 $52,347
2021 $12,838 $23,853 $29,193 $45,914
2020 $12,394 $22,100 $25,392 $41,767
2019 $12,885 $23,340 $25,814 $42,373
2018 $12,590 $21,498 $25,888 $38,620
2017 $12,317 $20,499 $23,303 $36,180
2016 $12,091 $19,202 $21,448 $33,575
2015 $11,715 $17,525 $20,697 $31,336
2014 $10,911 $16,394 $24,013 $30,572
2013 $10,803 $15,232 $23,237 $29,634
2012 $10,127 $14,464 $22,442 $28,787
2011 $9,276 $13,614 $24,941 $28,716
2010 $8,266 $12,928 $23,330 $27,579
2009 $6,833 $12,274 $24,502 $27,229
2008 $6,937 $12,472 $27,462 $29,461
2007 $6,138 $11,842 $23,725 $27,468
2006 $5,257 $10,800 $19,563 $25,571
2005 $4,703 $9,899 $17,970 $23,682
2004 $4,431 $9,365 $17,104 $22,588
2003 $4,173 $8,863 $14,712 $20,916
2002 $4,068 $8,461 $11,639 $20,004
2001 $3,985 $8,190 $10,376 $18,763
2000 $3,813 $7,879 $10,136 $17,892
1999 $3,691 $7,563 $11,401 $17,007
1998 $3,617 $7,306 $11,132 $15,994
1997 $3,408 $6,890 $10,437 $15,257
1996 $3,227 $6,568 $10,797 $14,284
1995 $3,275 $6,515 $10,738 $13,637
1994 $3,040 $6,276 $8,244 $13,975
1993 $2,840 $6,025 $7,255 $12,976
1992 $2,612 $5,635 $7,151 $12,296
1991 $2,253 $5,175 $7,229 $12,698
1990 $1,830 $5,021 $9,925 $13,491
1989 $1,725 - - -
1988 $1,555 - - -
1987 $1,567 - - -
1986 $1,569 - - -
1985 $1,429 - - -
1984 $1,372 - - -
1983 $1,213 - - -
1982 $1,032 - - -
1981 $1,068 - - -
1980 $2,021 - - -
1979 $1,735 - - -
1978 $1,556 - - -
1977 $1,393 - - -
1976 $1,123 - - -
1975 $937 - - -
1974 $817 - - -
1973 $769 - - -
1972 $639 - - -
1971 $570 - - -
1970 $536 - - -
1969 $477 - - -
1968 $445 - - -
1967 $414 - - -
1966 $395 - - -
1965 $374 - - -
1964 $354 - - -
1963 $346 - - -
1962 $335 - - -
1961 $356 - - -
1960 $382 - - -

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

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

Costa Rica's GDP per capita is $18,587, ranking 62/197, compared to $34,301 in Slovenia, ranking 34/197. Adjusted for purchasing power (GDP per capita PPP), Costa Rica ranks 72nd at $31,107, while Slovenia ranks 37th at $57,186.

Economic indicators

Costa Rica Slovenia
Gross domestic product
$95.4B
2024
$73B
2024
GDP rank
73/197
2024
86/197
2024
GDP growth
4.32%
2023-2024
1.73%
2023-2024
GDP per capita
$18,587
2024
$34,301
2024
GDP per capita rank
62/197
2024
34/197
2024
GDP per capita, PPP
$31,107
2024
$57,186
2024
GDP per capita PPP rank
72/197
2024
37/197
2024
Government debt
$57B
2024
$48.6B
2024
Debt-to-GDP ratio
59.8%
2024
66.6%
2024
Government debt per person
$11,106
2024
$22,842
2024
Government debt per person rank
50/185
2024
29/185
2024
Average annual personal income after taxes
$12,150
2026
$22,215
2026
Market capitalization of domestic companies
$2.23B
2022
$11.4B
2024
Income share by richest 10%
34.2%
2024
20.6%
2023
Income share by poorest 10%
1.7%
2024
4.1%
2023
Government expenditure, % of GDP
18.9%
2024
46.5%
2024
Consumer prices inflation
-0.41%
2023-2024
1.97%
2023-2024
Central bank interest rate
3.5%
2025
n/a
Unemployment rate
6.94%
2024
3.7%
2024
Population
5181862
2124138

Spending and national debt comparison by year

Costa Rica
Spending

Debt
Slovenia
Spending

Debt
1x
Year % of GDP
Costa Rica Slovenia
Government spending Government debt Government spending Government debt
2024 18.9% 59.8% 46.5% 66.6%
2023 18.5% 61.1% 46.4% 68.3%
2022 19.2% 63% 47.7% 72.8%
2021 20.8% 67.6% 49.9% 74.8%
2020 22.3% 66.9% 51.8% 80.2%
2019 21.7% 56.4% 43.8% 66%
2018 18.9% 51.8% 44.1% 71%
2017 19.2% 47.1% 44.6% 74.9%
2016 18.8% 44.1% 46.9% 79.4%
2015 18.8% 39.8% 49.5% 83.4%
2014 18.4% 37.4% 50.6% 81.1%
2013 18.5% 35.1% 57.7% 70.8%
2012 17.3% 33.7% 50% 54.1%
2011 17.2% 29.5% 51.4% 46.8%
2010 18% 28.1% 50.7% 38.6%
2009 16.7% 26% 50% 34.9%
2008 15.2% 24% 45.2% 21.9%
2007 14.6% 27% 43.5% 22.9%
2006 15.2% 33% 45.7% 26.2%
2005 15.9% 37.3% 46.7% 26.6%
2004 17% 41% 46.9% 27.1%
2003 17.6% 40.6% 47.6% 27%
2002 18.6% 41.4% 47.8% 27.7%
2001 17.3% 39.6% 49.2% 26.3%
2000 16.9% 38.9% 47.8% 26.1%
1999 16.7% 39% 47.2% 23.8%
1998 16% 40.7% 46.4% 22.8%
1997 16.3% 30.6% 45.4% 22.1%
1996 17.3% 33.7% 45.2% 21.6%
1995 16.4% 29.1% 53% 18.2%
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/slovenia | CC BY

In 2024, Costa Rica's government spending was $18B, accounting for 18.9% of its GDP, while Slovenia spent $33.9B, or 46.5% of GDP.

Debt-to-GDP ratio is 59.8% in Costa Rica and 66.6% in Slovenia, ranking 79/185 and 66/185, respectively.

Government deficit by year

Deficit/surplus
Costa Rica

Slovenia
1x
Year Deficit/surplus, % of GDP
Costa Rica Slovenia
2024 -3.78% -0.93%
2023 -3.25% -2.59%
2022 -2.81% -3.02%
2021 -5.09% -4.61%
2020 -8.38% -7.68%
2019 -6.68% 0.68%
2018 -5.66% 0.9%
2017 -5.88% 0.05%
2016 -5.09% -2%
2015 -5.52% -2.84%
2014 -5.45% -4.53%
2013 -5.25% -11.2%
2012 -4.22% -4.2%
2011 -3.91% -6.69%
2010 -4.96% -5.56%
2009 -3.25% -5.87%
2008 0.18% -1.44%
2007 0.56% -0.08%
2006 -1.04% -1.26%
2005 -2.09% -1.38%
2004 -3.42% -1.98%
2003 -3.43% -2.66%
2002 -4.99% -2.47%
2001 -3.47% -4.58%
2000 -3.68% -3.77%
1999 -2.88% -3.04%
1998 -2.96% -2.39%
1997 -3.39% -2.37%
1996 -4.32% -1.16%
1995 -3.68% -8.19%
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/slovenia | 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 Slovenia's deficit of $681M, or 0.93% of GDP.

Over the past 30 years, Costa Rica recorded a fiscal deficit in 28 of those years, while Slovenia ran a deficit in 27 years. On average, Costa Rica posted an annual deficit equal to 3.93% of GDP, compared to deficit of 3.23% of GDP for Slovenia.

Inflation comparison by year

Inflation
Costa Rica

Slovenia
1x
Year Consumer prices inflation
Costa Rica Slovenia
2024 -0.41% 1.97%
2023 0.53% 7.45%
2022 8.27% 8.83%
2021 1.73% 1.92%
2020 0.72% -0.05%
2019 2.1% 1.63%
2018 2.22% 1.74%
2017 1.63% 1.43%
2016 -0.02% -0.05%
2015 0.8% -0.53%
2014 4.52% 0.2%
2013 5.23% 1.77%
2012 4.5% 2.6%
2011 4.88% 1.8%
2010 5.66% 1.8%
2009 7.84% 0.84%
2008 13.4% 5.65%
2007 9.36% 3.66%
2006 11.5% 2.46%
2005 13.8% 2.45%
2004 12.3% 3.59%
2003 9.45% 5.54%
2002 9.17% 7.48%
2001 11.3% 8.38%
2000 11% 8.91%
1999 10% 6.16%
1998 11.7% 7.89%
1997 13.2% 8.36%

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

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

Over the past 28 years, Costa Rica has recorded an average annual inflation rate of 6.66%, compared with 3.71% in Slovenia. In 2024, inflation was -0.41% in Costa Rica and 1.97% in Slovenia.

Top exports between countries

Costa Rica
Export category Export value
Raw agricultural goods $1.72M
Machinery & equipment $38K
Processed food, beverages & tobacco $11K
Chemicals & pharma $2K
Wood & paper products $1K
Slovenia
Export category Export value
Machinery & equipment $2.98M
Textiles & consumer goods $624K
Metals $129K
Raw materials & minerals $119K
Chemicals & pharma $115K
Wood & paper products $90K
Precious metals & jewellery $1K

Balance of trade

Costa Rica Slovenia
Current account balance
-$1.25B
2024
$3.32B
2024
Current account balance ranking
129/190
2024
37/190
2024
Current account balance, % of GDP
-1.31%
2024
+4.55%
2024
Goods imports
$23.1B
2024
$45.2B
2024
Goods exports
$20.6B
2024
$45.6B
2024
Service imports
$7.58B
2024
$9.52B
2024
Service exports
$16.3B
2024
$13.6B
2024
Imports of goods and services, % of GDP
32.8%
2024
74.7%
2024
Exports of goods and services, % of GDP
38.5%
2024
80.9%
2024

Economic freedom indices

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

Costa Rica Slovenia
Economic freedom 69.1 69.7
Economic freedom ranking 43/197 40/197
Property rights 66 87.6
Government integrity 64.1 66.1
Judicial effectiveness 76.9 91.6
Tax burden 78.6 55.5
Government spending 89.3 34.1
Fiscal health 75.6 83.5
Business freedom 79.9 78.7
Labor freedom 55.9 62.7
Monetary freedom 78.2 77.5
Trade freedom 75 79.4
Investment freedom 50 70
Financial freedom 40 50

Economic freedom comparison by year

Costa Rica
Slovenia
1x
Year Economic freedom index
Costa Rica Slovenia
2026 69.1 69.7
2025 68.6 68.3
2024 67.7 65.9
2023 66.5 68.5
2022 65.4 70.5
2021 64.2 68.3
2020 65.8 67.8
2019 65.3 65.5
2018 65.6 64.8
2017 65 59.2
2016 67.4 60.6
2015 67.2 60.3
2014 66.9 62.7
2013 67 61.7
2012 68 62.9
2011 67.3 64.6
2010 65.9 64.7
2009 66.4 62.9
2008 64.2 60.2
2007 64 59.6
2006 65.9 61.9
2005 66.1 59.6
2004 66.4 59.2
2003 67 57.7
2002 67.5 57.8
2001 67.6 61.8
2000 68.4 58.3
1999 67.4 61.3
1998 65.6 60.7
1997 65.6 55.6
1996 66.4 50.4
1995 68 -

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

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

The Economic Freedom Index for Costa Rica is 69.1, ranking 43/197, compared to 69.7 for Slovenia, ranking 40/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Costa Rica Slovenia
Services, % of GDP
68.8%
2024
57.9%
2024
Industry, % of GDP
19.7%
2024
29.1%
2024
Agriculture, forestry, and fishing, % of GDP
3.56%
2024
1.54%
2024
GNI, Atlas method
$80.2B
2024
$67.6B
2024
GNI per capita, PPP
$28,840
2024
$56,520
2024
Total reserves including gold
$14.2B
2024
$2.83B
2024
Total reserves ranking
70/177
2024
118/177
2024
Net foreign direct investment
-$4.96B
2024
-$405M
2024
Net inflows of foreign direct investment
$5.3B
2024
$1.87B
2024
Net outflows of foreign direct investment
$337M
2024
$1.46B
2024
Servicing debt to the IMF, % of GNI
6.31%
2023
n/a
Poverty at national poverty lines
20.3%
2024
12.7%
2022
Gross capital formation, % of GDP
15.7%
2024
21.5%
2024

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/slovenia | 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 (2021–2024, 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.