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Economy of Costa Rica vs Ukraine compared: GDP & Debt

Updated on by Georank

Costa Rica has a GDP of $103B compared to $214B for Ukraine, ranking 74/197 and 57/197 by economy size, respectively.

Costa Rica has $62.2B in government debt (60.4% of GDP), compared to $233B (108.7% of GDP) in Ukraine.

Costa Rica vs Ukraine GDP by year

Costa Rica
Ukraine
1x
Year GDP, current $
Costa Rica Ukraine
2025 $102,904,921,157 $214,233,312,784
2024 $96,715,644,331 $190,833,835,445
2023 $87,512,637,056 $181,221,517,869
2022 $71,001,226,361 $161,989,520,721
2021 $65,588,938,787 $199,765,859,571
2020 $62,806,591,555 $156,617,722,013
2019 $64,753,504,730 $153,883,047,510
2018 $62,567,765,946 $130,891,088,294
2017 $60,516,044,661 $112,090,505,082
2016 $58,847,019,588 $93,355,869,404
2015 $56,441,920,888 $91,030,967,789
2014 $52,016,408,816 $133,503,871,862
2013 $50,949,668,763 $190,498,811,460
2012 $47,231,655,493 $182,591,753,828
2011 $42,762,613,785 $169,333,835,202
2010 $37,658,616,966 $141,209,170,427
2009 $30,745,714,234 $121,552,153,444
2008 $30,801,745,703 $188,110,390,660
2007 $26,884,700,688 $148,733,861,386
2006 $22,715,540,342 $111,884,752,475
2005 $20,040,642,421 $89,238,865,119
2004 $18,610,594,844 $67,220,154,164
2003 $17,271,760,397 $52,010,355,753
2002 $16,578,820,799 $43,956,163,612
2001 $15,976,174,476 $39,309,580,983
2000 $15,013,629,579 $32,375,083,935
1999 $14,254,866,284 $31,580,639,554
1998 $13,684,255,998 $41,882,523,345
1997 $12,614,602,322 $50,151,531,592
1996 $11,678,424,727 $44,558,831,005
1995 $11,578,594,333 $48,213,856,469
1994 $10,489,903,834 $52,549,580,265
1993 $9,564,816,063 $65,648,559,903
1992 $8,579,754,953 $73,945,908,384
1991 $7,215,725,635 $77,350,733,982
1990 $5,711,687,787 $81,393,558,423
1989 $5,251,025,767 $82,709,161,099
1988 $4,614,629,898 $74,703,517,903
1987 $4,532,952,047 $64,087,694,038
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 (1960–2025, retrieved 2026-07-08).

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

GDP per capita in Costa Rica vs Ukraine by year

Costa Rica
GDP per capita

GDP per capita, PPP
Ukraine
GDP per capita

GDP per capita, PPP
1x
Year Current $
Costa Rica Ukraine
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $19,970 - $5,496 -
2024 $18,853 $31,107 $5,040 $18,549
2023 $17,141 $28,909 $4,803 $17,665
2022 $13,972 $26,226 $3,946 $14,770
2021 $12,962 $23,853 $4,510 $17,846
2020 $12,476 $22,100 $3,505 $15,541
2019 $12,952 $23,340 $3,423 $14,217
2018 $12,620 $21,498 $2,895 $12,555
2017 $12,317 $20,499 $2,467 $11,536
2016 $12,091 $19,202 $2,047 $10,865
2015 $11,715 $17,525 $1,988 $9,922
2014 $10,911 $16,394 $2,904 $10,494
2013 $10,803 $15,232 $4,130 $10,904
2012 $10,127 $14,464 $3,951 $9,552
2011 $9,276 $13,614 $3,657 $9,127
2010 $8,266 $12,928 $3,040 $8,453
2009 $6,833 $12,274 $2,607 $7,995
2008 $6,937 $12,472 $4,018 $9,324
2007 $6,138 $11,842 $3,160 $8,900
2006 $5,257 $10,800 $2,366 $7,971
2005 $4,703 $9,899 $1,875 $7,142
2004 $4,431 $9,365 $1,401 $6,663
2003 $4,173 $8,863 $1,076 $5,764
2002 $4,068 $8,461 $903 $5,123
2001 $3,985 $8,190 $800 $4,747
2000 $3,813 $7,879 $653 $4,228
1999 $3,691 $7,563 $632 $3,871
1998 $3,617 $7,306 $831 $3,794
1997 $3,408 $6,890 $987 $3,794
1996 $3,227 $6,568 $870 $3,812
1995 $3,275 $6,515 $933 $4,124
1994 $3,040 $6,276 $1,009 $4,565
1993 $2,840 $6,025 $1,254 $5,766
1992 $2,612 $5,635 $1,413 $6,568
1991 $2,253 $5,175 $1,483 $7,148
1990 $1,830 $5,021 $1,564 $7,591
1989 $1,725 - $1,593 -
1988 $1,555 - $1,444 -
1987 $1,567 - $1,244 -
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 (1960–2025, retrieved 2026-07-08).

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

Costa Rica's GDP per capita is $19,970, ranking 59/197, compared to $5,496 in Ukraine, ranking 118/197. Adjusted for purchasing power (GDP per capita PPP), Costa Rica ranks 72nd at $31,107, while Ukraine ranks 101st at $18,549.

Economic indicators

Costa Rica Ukraine
Gross domestic product
$103B
2025
$214B
2025
GDP rank
74/197
2025
57/197
2025
GDP growth
4.56%
2024-2025
1.82%
2024-2025
GDP per capita
$19,970
2025
$5,496
2025
GDP per capita rank
59/197
2025
118/197
2025
GDP per capita, PPP
$31,107
2024
$18,549
2024
GDP per capita PPP rank
72/197
2024
101/197
2024
Government debt
$62.2B
2025
$233B
2025
Debt-to-GDP ratio
60.4%
2025
108.7%
2025
Government debt per person
$12,064
2025
$5,977
2025
Government debt per person rank
51/185
2025
76/185
2025
Average annual personal income after taxes
$12,879
2026
$5,580
2026
Market capitalization of domestic companies
$2.23B
2022
$4.42B
2018
Number of billionaires n/a
7
2026
Income share by richest 10%
34.3%
2025
21.7%
2020
Income share by poorest 10%
1.8%
2025
4.3%
2020
Government expenditure, % of GDP
17.8%
2025
74.5%
2025
Consumer prices inflation
-0.07%
2024-2025
12.7%
2024-2025
Central bank interest rate
3.5%
2025
15.5%
2025
Unemployment rate
6.34%
2025
9.83%
2021
Population
5186356
40408451

Spending and national debt comparison by year

Costa Rica
Spending

Debt
Ukraine
Spending

Debt
1x
Year % of GDP
Costa Rica Ukraine
Government spending Government debt Government spending Government debt
2025 17.8% 60.4% 74.5% 108.7%
2024 18.6% 58.9% 71.2% 89.7%
2023 18.3% 60.4% 73.4% 81.2%
2022 18.7% 61.4% 65.4% 77.7%
2021 20.6% 67% 40.5% 48.9%
2020 22.1% 66.5% 45.6% 60.5%
2019 21.6% 56.1% 41.5% 50.5%
2018 18.9% 51.7% 41.9% 60.4%
2017 19.2% 47.1% 41.7% 71.6%
2016 18.8% 44.1% 40.8% 79.5%
2015 18.8% 39.8% 43% 79.3%
2014 18.4% 37.4% 44.8% 70.3%
2013 18.5% 35.1% 46.3% 39%
2012 17.3% 33.7% 47.1% 36.1%
2011 17.2% 29.5% 44% 35.5%
2010 18% 28.1% 47.3% 39.1%
2009 16.7% 26% 46.8% 34.1%
2008 15.2% 24% 45.4% 19.7%
2007 14.6% 27% 42.1% 11.8%
2006 15.2% 33% 42.9% 14.3%
2005 15.9% 37.3% 42.6% 17.1%
2004 17% 41% 40.1% 23.9%
2003 17.6% 40.6% 37.5% 28.3%
2002 18.6% 41.4% 36.5% 32.3%
2001 17.3% 39.6% 35.3% 35.3%
2000 16.9% 38.9% 35.4% 43.7%
1999 16.7% 39% 26.7% 61%
1998 16% 40.7% 38.4% 48.1%
1997 16.3% 30.6% 42.2% 29.9%
1996 17.3% 33.7% 38.2% 24.4%
1995 16.4% 29.1% 42.7% 30.2%
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 (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1996, retrieved 2026-07-08).

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

In 2025, Costa Rica's government spending was $18.3B, accounting for 17.8% of its GDP, while Ukraine spent $160B, or 74.5% of GDP.

Debt-to-GDP ratio is 60.4% in Costa Rica and 108.7% in Ukraine, ranking 77/185 and 16/185, respectively.

Government deficit by year

Deficit/surplus
Costa Rica

Ukraine
1x
Year Deficit/surplus, % of GDP
Costa Rica Ukraine
2025 -3.35% -23.3%
2024 -3.73% -17.2%
2023 -3.21% -19.3%
2022 -2.74% -15.6%
2021 -5.04% -3.97%
2020 -8.32% -5.92%
2019 -6.65% -2.08%
2018 -5.65% -2.12%
2017 -5.88% -2.36%
2016 -5.09% -2.46%
2015 -5.52% -1.16%
2014 -5.45% -4.46%
2013 -5.25% -4.6%
2012 -4.22% -4.15%
2011 -3.91% -2.66%
2010 -4.96% -5.56%
2009 -3.25% -6.04%
2008 0.18% -3.02%
2007 0.56% -1.89%
2006 -1.04% -1.31%
2005 -2.09% -2.19%
2004 -3.42% -4.25%
2003 -3.43% -0.86%
2002 -4.99% -1.77%
2001 -3.47% -2.92%
2000 -3.68% -3.18%
1999 -2.88% 5.12%
1998 -2.96% -2.78%
1997 -3.39% -5.56%
1996 -4.32% -3.2%
1995 -3.68% -4.88%
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 (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1956–1989, retrieved 2026-07-08).

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

In 2025, Costa Rica's government deficit, the difference between spending and revenue, was $3.45B, equivalent to 3.35% of GDP. This compares to Ukraine's deficit of $50B, or 23.3% of GDP.

Over the past 31 years, Costa Rica recorded a fiscal deficit in 29 of those years, while Ukraine ran a deficit in 30 years. On average, Costa Rica posted an annual deficit equal to 3.9% of GDP, compared to deficit of 5.02% of GDP for Ukraine.

Inflation comparison by year

Inflation
Costa Rica

Ukraine
1x
Year Consumer prices inflation
Costa Rica Ukraine
2025 -0.07% 12.7%
2024 -0.41% 6.5%
2023 0.53% 12.9%
2022 8.27% 20.2%
2021 1.73% 9.4%
2020 0.72% 2.7%
2019 2.1% 7.9%
2018 2.22% 10.9%
2017 1.63% 14.4%
2016 -0.02% 13.9%
2015 0.8% 48.7%
2014 4.52% 12.1%
2013 5.23% -0.3%
2012 4.5% 0.6%
2011 4.88% 8%
2010 5.66% 9.4%
2009 7.84% 15.9%
2008 13.4% 25.2%
2007 9.36% 12.8%
2006 11.5% 9.1%
2005 13.8% 13.5%
2004 12.3% 9%
2003 9.45% 5.2%
2002 9.17% 0.8%
2001 11.3% 12%
2000 11% 28.2%
1999 10% 22.7%
1998 11.7% 10.6%
1997 13.2% 15.9%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2025, retrieved 2026-07-08); World Bank | Economy & Growth (1997–2025, retrieved 2026-07-08).

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

Over the past 29 years, Costa Rica has recorded an average annual inflation rate of 6.42%, compared with 12.8% in Ukraine. In 2025, inflation was -0.07% in Costa Rica and 12.7% in Ukraine.

Top exports between countries

Costa Rica
Export category Export value
Machinery & equipment $358K
Raw agricultural goods $181K
Processed food, beverages & tobacco $174K
Raw materials & minerals $123K
Chemicals & pharma $11K
Animal & marine products $1K
Ukraine
Export category Export value
Metals $31.9M
Processed food, beverages & tobacco $4.75M
Raw agricultural goods $1.69M
Chemicals & pharma $1.02M
Machinery & equipment $916K
Textiles & consumer goods $98K
Animal & marine products $58K
Raw materials & minerals $1K

Balance of trade

Costa Rica Ukraine
Current account balance
-$687M
2025
-$15.2B
2024
Current account balance ranking
108/190
2025
180/190
2024
Current account balance, % of GDP
-0.67%
2025
-7.96%
2024
Goods imports
$24.4B
2025
$72.3B
2024
Goods exports
$23.5B
2025
$39.3B
2024
Service imports
$8.64B
2025
$23.1B
2024
Service exports
$18.1B
2025
$17.3B
2024
Imports of goods and services, % of GDP
32.6%
2025
51.8%
2025
Exports of goods and services, % of GDP
38.8%
2025
25.3%
2025

Economic freedom indices

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

Costa Rica Ukraine
Economic freedom 69.1 54.1
Economic freedom ranking 43/197 135/197
Property rights 66 21.6
Government integrity 64.1 35
Judicial effectiveness 76.9 28.2
Tax burden 78.6 83.7
Government spending 89.3 0
Fiscal health 75.6 3.9
Business freedom 79.9 57.4
Labor freedom 55.9 46.9
Monetary freedom 78.2 65.7
Trade freedom 75 73
Investment freedom 50 35
Financial freedom 40 30

Economic freedom comparison by year

Costa Rica
Ukraine
1x
Year Economic freedom index
Costa Rica Ukraine
2026 69.1 -
2025 68.6 -
2024 67.7 -
2023 66.5 -
2022 65.4 54.1
2021 64.2 56.2
2020 65.8 54.9
2019 65.3 52.3
2018 65.6 51.9
2017 65 48.1
2016 67.4 46.8
2015 67.2 46.9
2014 66.9 49.3
2013 67 46.3
2012 68 46.1
2011 67.3 45.8
2010 65.9 46.4
2009 66.4 48.8
2008 64.2 51
2007 64 51.5
2006 65.9 54.4
2005 66.1 55.8
2004 66.4 53.7
2003 67 51.1
2002 67.5 48.2
2001 67.6 48.5
2000 68.4 47.8
1999 67.4 43.7
1998 65.6 40.4
1997 65.6 43.5
1996 66.4 40.6
1995 68 39.9

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08).

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

The Economic Freedom Index for Costa Rica is 69.1, ranking 43/197, compared to 54.1 for Ukraine, ranking 135/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Costa Rica Ukraine
Services, % of GDP
69.2%
2025
61%
2025
Industry, % of GDP
19.9%
2025
17.9%
2025
Agriculture, forestry, and fishing, % of GDP
3.37%
2025
7.57%
2025
GNI, Atlas method
$92.4B
2025
$201B
2025
GNI per capita, PPP
$30,760
2025
$18,750
2025
Total reserves including gold
$17.1B
2025
$57.3B
2025
Total reserves ranking
70/177
2025
43/177
2025
Net foreign direct investment
-$5.12B
2025
-$3.71B
2024
Net inflows of foreign direct investment
$5.4B
2024
$4.02B
2024
Net outflows of foreign direct investment
$337M
2024
$305M
2024
Servicing debt to the IMF, % of GNI
6.31%
2023
5.4%
2024
Poverty at national poverty lines
17.1%
2025
23.2%
2020
Gross capital formation, % of GDP
15.8%
2025
20.8%
2025

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2025, retrieved 2026-07-08); U.S. Census Bureau (1985–2025, retrieved 2026-07-08).

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

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Data sources:

  1. World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08)
  3. International Monetary Fund (IMF) | Public Finances in Modern History (1956–1996, retrieved 2026-07-08)
  4. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08)
  5. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  6. TradeMap (2022–2025, retrieved 2026-07-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  8. LivingCost (2026, retrieved 2026-07-08)

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.