Costa Rica reported a 24% increase in foreign travel spending to USD 1.78 bln in Q1, contributing to 41% of the services balance of the current account. The GDP grew by 3.7% YoY in Q1 2024, following a 5% rise in Q4 2023. Meanwhile, the current account deficit narrowed to USD 192.4 mln from a USD 364.7 mln deficit in Q4 2023.