Budget balance — all countries

Budget balance — Costa Rica

Budget balance in Costa Rica in 2031 — -2.2%. Ranked 88 in the world out of 188. Since 1990, the indicator has risen by 2.2 pp.

2031 -2.2% +0.3 pp vs 2030
World rank 88of 188
Period maximum 0.6%2007
Period minimum -8.3%2020

Trend over time

1990–2031 · % of GDP

Budget balance — Costa Rica, 1990–2031-10-7.5-5-2.502.51990199520002005201020152020202520301990: -4.4%1991: -2.4%1992: -1.5%1993: -1.5%1994: -5.5%1995: -3.7%1996: -4.3%1997: -3.4%1998: -3%1999: -2.9%2000: -3.7%2001: -3.5%2002: -5%2003: -3.4%2004: -3.4%2005: -2.1%2006: -1%2007: 0.6%2008: 0.2%2009: -3.3%2010: -5%2011: -3.9%2012: -4.2%2013: -5.2%2014: -5.5%2015: -5.5%2016: -5.1%2017: -5.9%2018: -5.6%2019: -6.6%2020: -8.3%2021: -5%2022: -2.7%2023: -3.2%2024: -3.7%2025: -3.4%2026: -3.6%2027: -3.5%2028: -3.2%2029: -2.8%2030: -2.5%2031: -2.2%
Change over the period: +2.2 pp Annual average: 0.05 pp

Comparison, 2031

How the value compares with the world and the groups this territory belongs to: Costa Rica

Costa Rica -2.2%
World computed -4.85%
Latin America & Caribbean computed -3.31%
Central America computed -2.75%
Budget balance — Costa Rica, by year Costa Rica All countries CSV XLSX
Year % Change, pp
2031 -2.2 +0.3 pp
2030 -2.5 +0.3 pp
2029 -2.8 +0.4 pp
2028 -3.2 +0.3 pp
2027 -3.5 +0.1 pp
2026 -3.6 −0.2 pp
2025 -3.4 +0.3 pp
2024 -3.7 −0.5 pp
2023 -3.2 −0.5 pp
2022 -2.7 +2.3 pp
2021 -5 +3.3 pp
2020 -8.3 −1.7 pp
2019 -6.6 −1 pp
2018 -5.6 +0.3 pp
2017 -5.9 −0.8 pp
2016 -5.1 +0.4 pp
2015 -5.5 +0 pp
2014 -5.5 −0.3 pp
2013 -5.2 −1 pp
2012 -4.2 −0.3 pp
2011 -3.9 +1.1 pp
2010 -5 −1.7 pp
2009 -3.3 −3.5 pp
2008 0.2 −0.4 pp
2007 0.6 +1.6 pp
2006 -1 +1.1 pp
2005 -2.1 +1.3 pp
2004 -3.4 +0 pp
2003 -3.4 +1.6 pp
2002 -5 −1.5 pp
2001 -3.5 +0.2 pp
2000 -3.7 −0.8 pp
1999 -2.9 +0.1 pp
1998 -3 +0.4 pp
1997 -3.4 +0.9 pp
1996 -4.3 −0.6 pp
1995 -3.7 +1.8 pp
1994 -5.5 −4 pp
1993 -1.5 +0 pp
1992 -1.5 +0.9 pp
1991 -2.4 +2 pp
1990 -4.4

Central America, 2031

The same indicator for neighboring countries — with links to their pages

About the indicator

Net lending or net borrowing of general government as a percent of GDP — what is commonly called the budget deficit, taken with a plus sign when there is a surplus. General government includes regions, local authorities and extrabudgetary funds, so the quantity is fuller than the balance of the central budget alone. The IMF series runs with a forecast several years ahead.

Important: Negative values are deficits. Accumulated deficits are what government debt is, so the two indicators are worth looking at together: a country can live with a deficit for years and carry a small debt all the same, if its economy grows faster.

Source: World Economic Outlook (IMF), license IMF open data.