What Is the Economy Like in Costa Rica?

Costa Rica's economy is based upon a combination of agriculture (7% - bananas, coffee, pineapples, and ornamental plants), industry (25% - microprocessors and medical equipment), and tourism/services (68% - hotels, restaurants, and banks).

Costa Rica

Of the $8.1 billion in exports, microchips and medical equipment have finally outpaced agriculture, a recent shift away from historic trends. Costa Rica experienced steady growth during the past several years, but in 2009, the economy shrank by 2.5%, largely on account of the global economic recession. The services sector was particularly affected, as tourism fell by 8% the same year.

Costa Rica's major economic resources are its fertile land, well-educated population, and location on the Central American isthmus, which provides easy access to both North and South American markets and direct ocean access to the European and Asian continents.

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Costa Rica Hotels

Costa Rica is all you've heard and more — from adventure vacations to romantic getaways, and family trips to solo travel, part of the magic of Costa Rica is that it almost seems to transform itself based on your travel needs. You can explore mountains, cloud forests, beaches, and more. In each of these unique destinations, you'll find hotels to match your activities and personality. Enjoy a honeymoon or anniversary of romance and indulgence when you stay in Uvita or Dominical, or a sustainable adventure for two when you find yourselves in Sarapiqui or Drake Bay. Perhaps the person you're celebrating and learning to love again is yourself; Costa Rica can accommodate your inner journey. Choose a hotel that offers yoga courses or a full-fledged yoga retreat — you can find them all over the country, from Tamarindo to Arenal. Want to take the family on a vacation where everyone can unplug? How about lodgings that double as working farms? Costa Rica's farm hotels will have you in the heart of the country — explore destinations including Arenal, Monteverde, and San Isidro General. Not only will you enjoy peace and quiet, you can even teach the children about sustainability and where their food comes from. The best part? Most farms offer an opportunity to assist with some of the chores, so you'll get to know the animals and harvest some of the produce you've been enjoying! Wherever you choose to stay, you won't be too far from adventures such as zip lining through rainforests, observing amazing wildlife in cloud forests, trekking across mountains and volcanoes, and napping on beaches. Your perfect vacation begins with the perfect hotel, and both are waiting for you in beautiful Costa Rica.

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