Costa Rica

Costa Rican business confidence declined in Q2 2025, with the Index of Business Expectations dropping 6.2 points to 53.7. Although still above neutral, this decline reflects tempered optimism across all sectors, especially in agriculture, which recorded a low 43.3 points. The proportion of businesses expecting an increase in the exchange rate fell, while those anticipating currency stability increased, suggesting a shift toward expectations of a stable currency environment. The OECD projects Costa Rica’s economy to grow by 4% in 2024, slowing to 3.5% in 2025.