Agriculture Sector Contribution to GDP in Costa Rica (1990-2022)

Agriculture Sector Contribution to GDP in Costa Rica (1990-2022)

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TGM StatBox. (2024). Agriculture Sector Contribution to GDP in Costa Rica (1990-2022). TGM StatBox.
Chart Details
Timeframe: 1990-2022
Country: Costa Rica
Published date: 2024
Note: Agriculture (% of GDP), according to World Development Indicators, measures the contribution of the agricultural sector to a country's Gross Domestic Product (GDP). This metric reflects the economic significance of activities such as farming, forestry, and fishing, indicating the value generated by agriculture relative to the overall economy.
Key Takeaways
Costa Rica's agriculture sector contribution to GDP saw a steady decline from 15.8% in 1990 to around 4% by 2022. This decrease highlights Costa Rica's shift toward eco-tourism and technology-driven sectors, spurred by government efforts to diversify the economy. The drop was particularly pronounced in the late 1990s, as sectors like tourism and technology services gained traction.

Despite this, agriculture remains a key part of Costa Rica’s export economy, particularly in high-demand products like bananas, coffee, and pineapples. The sector's stable share around 4.1-4.5% in recent years underscores its sustained role in export revenue, even as Costa Rica transitions toward a service-oriented economy.

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