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2019 OECD Economic Outlook, Volume 2019 Issue 1

image of OECD Economic Outlook, Volume 2019 Issue 1

The OECD Economic Outlook is the OECD's twice-yearly analysis of the major economic trends and prospects for the next two years. The Outlook puts forward a consistent set of projections for output, employment, prices, fiscal and current account balances.

Coverage is provided for all OECD member countries as well as for selected non-member countries. This issue includes a general assessment, a special chapter on the effects of digitalisation on productivity and a chapter summarising developments and providing projections for each individual country.

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Costa Rica

Economic activity is projected to pick up, supported by infrastructure investment and improved business sentiment upon the approval of fiscal reforms. Consumer spending will remain subdued on the back of tax increases, lower credit growth and a temporary increase in inflation, due to the introduction of a fully‑fledged VAT tax. However, an improvement in terms of trade will boost disposable income. External demand will remain robust, supported by tourism, high-tech products and business services.

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