Costa Rica: Staff Report for the 2004 Article IV Consultation

September 20, 2004

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Costa Rica: Staff Report for the 2004 Article IV Consultation, (USA: International Monetary Fund, 2004) accessed November 23, 2024

Summary

This 2004 Article IV Consultation highlights that Costa Rica’s economic performance improved in 2003. Following several years of slow growth, real GDP rose by 5½ percent, boosted by a recovery of exports and strong private investment. Inflation declined below 10 percent while unemployment fell to 6 percent. Real GDP is expected to expand by 4 percent in 2004, and while inflation has risen to 11 percent recently owing to higher oil prices, core inflation remains stable at about 10 percent, broadly in line with the rate of crawl.

Subject: Banking, Central banks, Commercial banks, Economic sectors, External debt, Financial institutions, International reserves, Public debt, Public sector

Keywords: Bond holding, Caribbean, Central America, Commercial banks, Costa Rican authorities, Costa Rican sovereign bond price, CR, Global, Government, International reserves, ISCR, Price effect, Public sector, Recapitalization plan

Publication Details

Pages:

61
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2004/298
Stock No:

1CRIEA0012004
ISBN:

9781451809626
ISSN:

1934-7685

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