Costa Rica is a **** and country in Latin America, bordered by Nicaragua to the north and Panama to the south, and is one of the larger countries in the world that does not have an army, with its capital in San José.
Although still an agricultural country, Costa Rica has achieved a relatively high standard of living, with a general expansion of land ownership and a thriving tourism industry, as well as a diverse culture due to being at the cultural crossroads of Central and South America.
? Costa Rica's economy is dominated by tourism, agriculture and the export of electronic components, and has been growing rapidly since the recession of 1997. Costa Rica is located in a narrow strip of Central America and in the center of the Americas, with direct ocean access to Europe and Asia, allowing easy access to the American markets.
? 1.Data and Composition:
In 2013, Costa Rica's domestic GDP was $49.6 billion, GDP per capita was $10,528, economic growth rate was 3.5%, inflation rate was 3.68%, and foreign exchange reserves amounted to $7.331 billion.In 2014, the unemployment rate was 10%. [12]?
? The composition of the national economy in 2013 was as follows:
? Agriculture and fishing 5.1%, manufacturing 14.7%, trade, restaurants and hotels 15.3%, transportation, storage and communications 9.5%, construction 5.1%, finance and insurance 6.2%, real estate 2.8%, electricity and water 3.1%, mining 0.1%, and other services 33.9%.
? 2. Investment:
Costa Rica's rapid economic development is due to the government's seven-year high-tech development program. The country's tax exemption and excellent education have made it a great place to invest, and many multinational high-tech companies have begun to export their products.
The country has one of the highest levels of economic development in Central America, and is known as the "Switzerland of Central America". The country's foreign trade, tourism, and service industries play an important role in the national economy.
3. Industry:
Light industry and manufacturing are the main industries, mainly textile, electronic products, machinery, food, timber, chemical industry and so on. Raw materials are imported and products are mainly exported. All oil is imported, mainly from Venezuela. Raw materials and intermediate products are dependent on imports, and the main exports of precision equipment, integrated circuits, medical equipment, semiconductors, electrical materials and so on.
4. Agriculture:
The production of coffee, bananas, sugar cane and other traditional products. Costa Rica is the world's second largest banana exporter, after Ecuador. Coffee is the second most important product of Costa Rican agriculture, and Costa Rica is one of the countries with the highest level of agricultural development in Central America. 1729, coffee was introduced to Costa Rica from Cuba, and as of 2014 its coffee industry is one of the most well-organized in the world. Costa Rica's volcanic soil is so fertile and well-drained that it was the first country in Central America to grow coffee and bananas for their commercial value. Coffee and bananas are the country's main exports.
5. Tourism:
Costa Rica means "rich sea" in Spanish. Tourism is one of the main sources of foreign exchange earnings in Costa Rica. Since the 1990s, tourism has become the most dynamic industry in Costa Rica. Tourist attractions include Ilazu, the Poas volcano and Spanish colonial cultural sites.