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Economy of Costa Rica vs United Arab Emirates compared: GDP & Debt

Updated on by Georank

Costa Rica has a GDP of $103B compared to $552B for the United Arab Emirates, ranking 74/197 and 31/197 by economy size, respectively.

Costa Rica has $62.2B in government debt (60.4% of GDP), compared to $193B (34.3% of GDP) in the United Arab Emirates.

Costa Rica vs United Arab Emirates GDP by year

Costa Rica
United Arab Emirates
1x
Year GDP, current $
Costa Rica UAE
2025 $102,904,921,157 -
2024 $96,715,644,331 $552,324,919,096
2023 $87,512,637,056 $522,622,268,401
2022 $71,001,226,361 $511,403,404,642
2021 $65,588,938,787 $422,441,282,436
2020 $62,806,591,555 $357,161,776,271
2019 $64,753,504,730 $433,926,218,686
2018 $62,567,765,946 $440,560,003,161
2017 $60,516,044,661 $403,365,056,079
2016 $58,847,019,588 $381,717,208,621
2015 $56,441,920,888 $381,973,135,513
2014 $52,016,408,816 $424,935,834,104
2013 $50,949,668,763 $409,632,574,703
2012 $47,231,655,493 $392,793,559,051
2011 $42,762,613,785 $368,881,033,963
2010 $37,658,616,966 $307,736,348,527
2009 $30,745,714,234 $253,547,358,747
2008 $30,801,745,703 $315,474,615,741
2007 $26,884,700,688 $257,916,148,767
2006 $22,715,540,342 $222,116,532,963
2005 $20,040,642,421 $180,617,467,954
2004 $18,610,594,844 $147,824,249,958
2003 $17,271,760,397 $124,346,476,180
2002 $16,578,820,799 $109,816,091,079
2001 $15,976,174,476 $103,311,631,797
2000 $15,013,629,579 $104,337,463,730
1999 $14,254,866,284 $84,445,399,335
1998 $13,684,255,998 $75,674,384,205
1997 $12,614,602,322 $78,838,886,862
1996 $11,678,424,727 $73,571,217,377
1995 $11,578,594,333 $65,743,604,966
1994 $10,489,903,834 $59,305,111,228
1993 $9,564,816,063 $55,625,269,485
1992 $8,579,754,953 $54,239,188,746
1991 $7,215,725,635 $51,552,058,250
1990 $5,711,687,787 $50,701,374,187
1989 $5,251,025,767 $41,464,966,302
1988 $4,614,629,898 $36,275,613,877
1987 $4,532,952,047 $36,384,802,310
1986 $4,418,983,871 $33,943,568,481
1985 $3,919,203,960 $40,603,631,079
1984 $3,660,477,856 $41,807,931,453
1983 $3,146,772,631 $42,803,373,390
1982 $2,606,623,555 $46,622,715,281
1981 $2,623,803,096 $49,333,471,895
1980 $4,831,447,001 $43,599,134,193
1979 $4,035,519,323 $31,225,557,022
1978 $3,523,208,810 $23,775,718,541
1977 $3,072,427,013 $24,871,660,292
1976 $2,412,555,426 $19,213,212,475
1975 $1,960,863,466 $14,720,729,969
1974 $1,666,544,754 $11,651,505,689
1973 $1,528,925,846 $4,231,243,616
1972 $1,238,251,696 $1,415,086,929
1971 $1,077,147,538 $939,893,600
1970 $984,830,158 $685,986,701
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/united-arab-emirates | CC BY

GDP per capita in Costa Rica vs United Arab Emirates by year

Costa Rica
GDP per capita

GDP per capita, PPP
United Arab Emirates
GDP per capita

GDP per capita, PPP
1x
Year Current $
Costa Rica UAE
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $19,970 - - -
2024 $18,853 $31,107 $50,274 $79,229
2023 $17,141 $28,909 $49,851 $77,955
2022 $13,972 $26,226 $50,760 $75,072
2021 $12,962 $23,853 $44,118 $68,580
2020 $12,476 $22,100 $37,992 $66,791
2019 $12,952 $23,340 $45,939 $79,816
2018 $12,620 $21,498 $47,135 $77,446
2017 $12,317 $20,499 $43,734 $70,282
2016 $12,091 $19,202 $42,721 $69,987
2015 $11,715 $17,525 $44,910 $73,986
2014 $10,911 $16,394 $52,725 $87,478
2013 $10,803 $15,232 $53,247 $87,526
2012 $10,127 $14,464 $53,142 $89,198
2011 $9,276 $13,614 $51,922 $89,665
2010 $8,266 $12,928 $44,795 $85,120
2009 $6,833 $12,274 $37,803 $84,780
2008 $6,937 $12,472 $50,054 $94,628
2007 $6,138 $11,842 $45,855 $100,813
2006 $5,257 $10,800 $44,343 $106,814
2005 $4,703 $9,899 $38,719 $101,301
2004 $4,431 $9,365 $33,377 $98,661
2003 $4,173 $8,863 $29,660 $92,636
2002 $4,068 $8,461 $27,754 $88,467
2001 $3,985 $8,190 $27,745 $90,370
2000 $3,813 $7,879 $29,866 $92,899
1999 $3,691 $7,563 $25,856 $87,658
1998 $3,617 $7,306 $24,889 $90,229
1997 $3,408 $6,890 $27,983 $96,009
1996 $3,227 $6,568 $28,323 $94,620
1995 $3,275 $6,515 $27,003 $93,702
1994 $3,040 $6,276 $25,473 $89,959
1993 $2,840 $6,025 $25,033 $86,330
1992 $2,612 $5,635 $25,648 $87,509
1991 $2,253 $5,175 $25,691 $87,250
1990 $1,830 $5,021 $26,710 $88,455
1989 $1,725 - $23,167 -
1988 $1,555 - $21,570 -
1987 $1,567 - $23,113 -
1986 $1,569 - $23,132 -
1985 $1,429 - $29,468 -
1984 $1,372 - $32,012 -
1983 $1,213 - $34,650 -
1982 $1,032 - $39,972 -
1981 $1,068 - $44,855 -
1980 $2,021 - $42,925 -
1979 $1,735 - $34,238 -
1978 $1,556 - $29,379 -
1977 $1,393 - $35,020 -
1976 $1,123 - $31,197 -
1975 $937 - $27,117 -
1974 $817 - $23,823 -
1973 $769 - $9,696 -
1972 $639 - $3,675 -
1971 $570 - $2,805 -
1970 $536 - $2,394 -
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/united-arab-emirates | CC BY

Costa Rica's GDP per capita is $19,970, ranking 59/197, compared to $50,274 in the United Arab Emirates, ranking 25/197. Adjusted for purchasing power (GDP per capita PPP), Costa Rica ranks 72nd at $31,107, while the United Arab Emirates ranks 16th at $79,229.

Economic indicators

Costa Rica UAE
Gross domestic product
$103B
2025
$552B
2024
GDP rank
74/197
2025
31/197
2024
GDP growth
4.56%
2024-2025
3.99%
2023-2024
GDP per capita
$19,970
2025
$50,274
2024
GDP per capita rank
59/197
2025
25/197
2024
GDP per capita, PPP
$31,107
2024
$79,229
2024
GDP per capita PPP rank
72/197
2024
16/197
2024
Government debt
$62.2B
2025
$193B
2024
Debt-to-GDP ratio
60.4%
2025
34.3%
2025
Government debt per person
$12,064
2025
$17,568
2024
Government debt per person rank
51/185
2025
37/185
2024
Average annual personal income after taxes
$12,879
2026
$40,096
2026
Market capitalization of domestic companies
$2.23B
2022
$1.11T
2025
Number of millionaires n/a
183,000
2026
Number of billionaires n/a
6
2026
Income share by richest 10%
34.3%
2025
20.5%
2018
Income share by poorest 10%
1.8%
2025
2.8%
2018
Government expenditure, % of GDP
17.8%
2025
22.6%
2025
Consumer prices inflation
-0.07%
2024-2025
1.3%
2024-2025
Central bank interest rate
3.5%
2025
3.65%
2025
Unemployment rate
6.34%
2025
1.88%
2024
Population
5186356
11885001

Spending and national debt comparison by year

Costa Rica
Spending

Debt
United Arab Emirates
Spending

Debt
1x
Year % of GDP
Costa Rica UAE
Government spending Government debt Government spending Government debt
2025 17.8% 60.4% 22.6% 34.3%
2024 18.6% 58.9% 21.4% 34.9%
2023 18.3% 60.4% 22.7% 31.9%
2022 18.7% 61.4% 22.7% 31.5%
2021 20.6% 67% 25.9% 35.7%
2020 22.1% 66.5% 30.5% 30.1%
2019 21.6% 56.1% 27.4% 25.8%
2018 18.9% 51.7% 25.9% 20.7%
2017 19.2% 47.1% 27.2% 21.2%
2016 18.8% 44.1% 31.7% 18.6%
2015 18.8% 39.8% 26.4% 15.6%
2014 18.4% 37.4% 31.4% 13.5%
2013 18.5% 35.1% 28.9% 15.3%
2012 17.3% 33.7% 27.8% 20.2%
2011 17.2% 29.5% 29.6% 20.4%
2010 18% 28.1% 30.4% 18.3%
2009 16.7% 26% 35% 21.1%
2008 15.2% 24% 22% 8.95%
2007 14.6% 27% 17.7% 8.89%
2006 15.2% 33% 15.6% 5.05%
2005 15.9% 37.3% 15.7% 4.48%
2004 17% 41% 17.7% 4.08%
2003 17.6% 40.6% 20% 3.33%
2002 18.6% 41.4% 21.3% 3.43%
2001 17.3% 39.6% 25.2% 2.69%
2000 16.9% 38.9% 21.8% 3.12%
1999 16.7% 39% 24.3% 4.73%
1998 16% 40.7% 25.8% 4.18%
1997 16.3% 30.6% 22.6% 2.86%
1996 17.3% 33.7% 27.6% 3.48%
1995 16.4% 29.1% 26.1% 5.06%
1994 17.4% 27% 30.1% 5.58%
1993 13.8% 24.4% 31.5% 6.01%
1992 13.7% 23.3% 29.6% 5.31%
1991 14% 28.4% 36% 4.97%
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 (1960–1998, retrieved 2026-07-08).

GeoRank.org/economy/costa-rica/united-arab-emirates | CC BY

In 2025, Costa Rica's government spending was $18.3B, accounting for 17.8% of its GDP, while the United Arab Emirates spent $118B, or 22.6% of GDP.

Debt-to-GDP ratio is 60.4% in Costa Rica and 34.3% in the United Arab Emirates, ranking 77/185 and 146/185, respectively.

Government deficit by year

Deficit/surplus
Costa Rica

United Arab Emirates
1x
Year Deficit/surplus, % of GDP
Costa Rica UAE
2025 -3.35% 5.15%
2024 -3.73% 6.41%
2023 -3.21% 5.82%
2022 -2.74% 9.8%
2021 -5.04% 3.96%
2020 -8.32% -2.42%
2019 -6.65% 2.5%
2018 -5.65% 3.65%
2017 -5.88% -0.16%
2016 -5.09% -2.95%
2015 -5.52% -6.35%
2014 -5.45% 1.74%
2013 -5.25% 7.99%
2012 -4.22% 8.59%
2011 -3.91% 5.05%
2010 -4.96% 0.52%
2009 -3.25% -6.13%
2008 0.18% 17.6%
2007 0.56% 17.1%
2006 -1.04% 20.2%
2005 -2.09% 16%
2004 -3.42% 6.4%
2003 -3.43% 2.35%
2002 -4.99% -1.24%
2001 -3.47% 1.21%
2000 -3.68% 10.7%
1999 -2.88% 1.31%
1998 -2.96% 1%
1997 -3.39% 6.71%
1996 -4.32% 0.92%
1995 -3.68% 3.58%
1994 -5.46% -1.78%
1993 -1.52% -2.89%
1992 -1.51% 3.34%
1991 -2.41% 3.89%
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/united-arab-emirates | CC BY

In 2024, Costa Rica's government deficit, the difference between spending and revenue, was $3.61B, equivalent to 3.73% of GDP. This compares to the United Arab Emirates' surplus of $35.4B, or 6.41% of GDP.

Over the past 34 years, Costa Rica recorded a fiscal deficit in 32 of those years, while the United Arab Emirates ran a deficit in 8 years. On average, Costa Rica posted an annual deficit equal to 3.78% of GDP, compared to surplus of 4.25% of GDP for the United Arab Emirates.

Inflation comparison by year

Inflation
Costa Rica

United Arab Emirates
1x
Year Consumer prices inflation
Costa Rica UAE
2025 -0.07% 1.3%
2024 -0.41% 1.7%
2023 0.53% 1.6%
2022 8.27% 4.8%
2021 1.73% -0.1%
2020 0.72% -2.1%
2019 2.1% -1.9%
2018 2.22% 3.1%
2017 1.63% 2%
2016 -0.02% 1.6%
2015 0.8% 4.1%
2014 4.52% 2.3%
2013 5.23% 1.1%
2012 4.5% 0.7%
2011 4.88% 0.9%
2010 5.66% 0.9%
2009 7.84% -4.7%
2008 13.4% 12.3%
2007 9.36% 11.1%
2006 11.5% 9.3%
2005 13.8% 6.2%
2004 12.3% 5%
2003 9.45% 3.1%
2002 9.17% 2.9%
2001 11.3% 2.8%
2000 11% 1.3%
1999 10% 2.1%
1998 11.7% 2%
1997 13.2% 3%

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/united-arab-emirates | CC BY

Over the past 29 years, Costa Rica has recorded an average annual inflation rate of 6.42%, compared with 2.7% in the United Arab Emirates. In 2025, inflation was -0.07% in Costa Rica and 1.3% in the United Arab Emirates.

Top exports between countries

Costa Rica
Export category Export value
Machinery & equipment $18.6M
Processed food, beverages & tobacco $1.92M
Raw agricultural goods $1.02M
Chemicals & pharma $408K
Animal & marine products $212K
Wood & paper products $39K
Textiles & consumer goods $25K
Metals $6K
Raw materials & minerals $2K
UAE
Export category Export value
Metals $6.37M
Chemicals & pharma $4.56M
Machinery & equipment $4.13M
Raw materials & minerals $1.95M
Textiles & consumer goods $1.29M
Animal & marine products $887K
Wood & paper products $291K
Raw agricultural goods $133K
Processed food, beverages & tobacco $46K
Miscellaneous $9K

Balance of trade

Costa Rica UAE
Current account balance
-$687M
2025
$80B
2024
Current account balance ranking
108/190
2025
9/190
2024
Current account balance, % of GDP
-0.67%
2025
+14.5%
2024
Goods imports
$24.4B
2025
$400B
2024
Goods exports
$23.5B
2025
$467B
2024
Service imports
$8.64B
2025
$117B
2024
Service exports
$18.1B
2025
$181B
2024
Imports of goods and services, % of GDP
32.6%
2025
92.2%
2023
Exports of goods and services, % of GDP
38.8%
2025
106.8%
2023

Economic freedom indices

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

Costa Rica UAE
Economic freedom 69.1 71.9
Economic freedom ranking 43/197 29/197
Property rights 66 62.9
Government integrity 64.1 65.3
Judicial effectiveness 76.9 34.4
Tax burden 78.6 99.9
Government spending 89.3 85.1
Fiscal health 75.6 97.6
Business freedom 79.9 84.5
Labor freedom 55.9 63.2
Monetary freedom 78.2 81.2
Trade freedom 75 78.6
Investment freedom 50 50
Financial freedom 40 60

Economic freedom comparison by year

Costa Rica
United Arab Emirates
1x
Year Economic freedom index
Costa Rica UAE
2026 69.1 71.9
2025 68.6 71.6
2024 67.7 71.1
2023 66.5 70.9
2022 65.4 70.2
2021 64.2 76.9
2020 65.8 76.2
2019 65.3 77.6
2018 65.6 77.6
2017 65 76.9
2016 67.4 72.6
2015 67.2 72.4
2014 66.9 71.4
2013 67 71.1
2012 68 69.3
2011 67.3 67.8
2010 65.9 67.3
2009 66.4 64.7
2008 64.2 62.6
2007 64 62.6
2006 65.9 62.2
2005 66.1 65.2
2004 66.4 67.2
2003 67 73.4
2002 67.5 73.6
2001 67.6 74.9
2000 68.4 74.2
1999 67.4 71.5
1998 65.6 72.2
1997 65.6 71.9
1996 66.4 71.6
1995 68 -

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

GeoRank.org/economy/costa-rica/united-arab-emirates | CC BY

The Economic Freedom Index for Costa Rica is 69.1, ranking 43/197, compared to 71.9 for the United Arab Emirates, ranking 29/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Costa Rica UAE
Services, % of GDP
69.2%
2025
54.9%
2024
Industry, % of GDP
19.9%
2025
44.3%
2024
Agriculture, forestry, and fishing, % of GDP
3.37%
2025
0.77%
2024
GNI, Atlas method
$92.4B
2025
$566B
2024
GNI per capita, PPP
$30,760
2025
$81,640
2024
Total reserves including gold
$17.1B
2025
$292B
2025
Total reserves ranking
70/177
2025
14/177
2025
Net foreign direct investment
-$5.12B
2025
$31.5B
2024
Net inflows of foreign direct investment
$5.4B
2024
$45.6B
2024
Net outflows of foreign direct investment
$337M
2024
$77.2B
2024
Servicing debt to the IMF, % of GNI
6.31%
2023
n/a
Poverty at national poverty lines
17.1%
2025
19.5%
2020
Gross capital formation, % of GDP
15.8%
2025
26.6%
2023

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/united-arab-emirates | 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 (1956–1998, 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 (2023–2025, retrieved 2026-07-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  8. LivingCost (2026, retrieved 2026-07-08)
  9. Central Intelligence Agency (CIA) (2020, 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.