Latin American Economic Outlook 2020

Digital Transformation for Building Back Better

image of Latin American Economic Outlook 2020

The Latin American Economic Outlook (LEO) 2020 focuses on the role of digital transformation in helping to navigate through challenging times. The Covid-19 pandemic is having a profound impact on socio-economic conditions, accentuating the already complex scenario faced by a region with significant structural weaknesses. This unprecedented crisis comes at a time of high aspirations and reinforces the need to transform the very foundations of the development model in the region. The report explores how digital transformation can help to cope with the current socio-economic situation, boost productivity, strengthen institutions and achieve higher levels of inclusion and well-being. The LEO 2020 also highlights that international partnerships are fundamental to reaping the benefits of the digital transformation.

The LEO is a joint annual publication produced by the OECD Development Centre, the United Nations Economic Commission for Latin America and the Caribbean (UN ECLAC), the Development Bank of Latin America (CAF) and the European Union (EU). It is the first pillar of the EU Regional Facility for Development in Transition for Latin America and the Caribbean.

English Also available in: Spanish

Costa Rica

In the last decade, Costa Rica has made advances in digital inclusion. Internet users represented more than 74% of the population in 2018, with further increases in the previous year. In 2018, active mobile broadband subscriptions stood at 100.9 per 100 people and fixed broadband subscriptions at 16.6 per 100 inhabitants. These figures were above the Latin America and the Caribbean (LAC) averages (73.5 and 13.9, respectively). Performance in the E-Government Index, a measure of national administrations’ willingness and capacity to use information and communications technology (ICT), also improved. The country remains behind in open government data policies, performing below the region and Organisation for Economic Co-operation and Development (OECD) averages in the OECD OURdata Index.

English Also available in: Spanish

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