Costa Rica
- Author: Economic Commission for Latin America and the Caribbean
- Main Title: Economic Survey of Latin America and the Caribbean 1994-1995 , pp 177-186
- Publication Date: December 1995
- DOI: https://doi.org/10.18356/04d0dc38-en
- Language: English
In 1994 the Costa Rican economy expanded significantly, by over 4%, although more slowly than in the previous two years. Despite the growth of aggregate output and a decrease in the foreign trade deficit, signs of macroeconomic disequilibria were perceived during the year. These consisted mainly of a massive fiscal imbalance, the acceleration of domestic price increases to an annual 20%, and the persistence of a high deficit on the current account of the balance of payments.
© United Nations
ISBN (PDF):
9789210583008
Book DOI:
https://doi.org/10.18356/78f1d816-en
Related Subject(s):
Economic and Social Development
Sustainable Development Goals:
Countries:
Costa Rica
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