Costa Rica vs Taiwan: Economic Indicators Comparison

Taiwan with a GDP of $585.8B ranked the 21st largest economy in the world, while Costa Rica ranked 77th with $60.1B. By GDP 5-years average growth and GDP per capita, Taiwan and Costa Rica ranked 115th vs 70th and 38th vs 65th, respectively.

Gross Domestic Product & Income

StatCosta RicaTaiwan
GDP$60.1B$585.8B
GDP growth, 1 year2.7%2.6%
GDP growth, 5-years average3.5%2.4%
Population4.9M23.6M
GDP per capita$12k$25k
GDP per capita growth1.62%N/A
Purchasing Power Parity conversion factor392.7N/A
Price level ratio of PPP conversion factor GDP to market exchange rate0.68N/A
GDP per capita, PPP adjusted$18k$53k
GNI, Atlas method$57.6BN/A
GNI per capita$12kN/A
GNI, PPP adjusted$83.5BN/A
GNI per capita, PPP adjusted$17kN/A

Financial system and Human development

StatCosta RicaTaiwan
Income Tax Rate25%45%
Corporate Tax Rate30%20%
Inflation, consumer prices2.3%1.5%
Inflation, GDP deflator2.4%N/A
Unemployment8.1%3.7%
Economic Freedom Index65.877.1
Personal Freedom Index8.288.09
Human Freedom Index7.817.79
Property Rights Index66.786.9
Judical Effectiveness Index54.470.1
Business Freedom Index66.593.9
Fiscal Health Index39.791
Labor Freedom Index5560.3
Investment Freedom Index7060
Financial Freedom Index5060
Trade Freedom Index81.486
Monetary Freedom Index81.282.7
Government Spending Index88.490.5
Tax Burden Index78.975
Government Integrity Index57.268.9
Corruption Perceptions Index5663
Life expectancy at birth, years79.980.2
Suicide mortality rate, per 100,000 people7.912.5
Mortality caused by road traffic injury, per 100,000 people16.76.3
Intentional homicides, per 100,000 people12.30.8
International tourism, number of arrivals3MN/A

Government debt & reserves

StatCosta RicaTaiwan
Central government debt, % of GDP53.5%35%
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%N/A
Gross savings, % of GDP14.7%N/A
Gross capital formation, % of GDP19%N/A
Total reserves including gold$7.5BN/A
Foreign direct investment net inflows$2.8BN/A

Exports, imports and economic structure

StatCosta RicaTaiwan
Exports of goods and services, % of GDP33.7%N/A
Imports of goods and services, % of GDP33.2%N/A
Current account balance (balance of payments)-$1.9BN/A
Revenue excluding grants, % of GDP25.2%N/A
Grants excluding technical cooperation, BoP$26.1MN/A
Personal remittances received$533.5MN/A
Industry including construction value added, % of GDP19.5%N/A
Agriculture, forestry and fishing value added, % of GDP4.6%N/A
Charges for the use of intellectual property, payments BoP$565.2MN/A
Charges for the use of intellectual property, receipts BoP$5.9MN/A
Expense, % of GDP30%N/A
Government Expenditure, % of GDP19.7%17.8%

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

Taiwan vs

CountryGDP
per capita
Population
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
Cyprus
$28k
1.14M
Slovenia
$26k
2.07M
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
Uruguay
$17k
3.46M
Trinidad and Tobago
$17k
1.37M