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The economy of Costa Rica has been very stable for some years now, with continuing growth in the GDP (Gross Domestic Product) and moderate inflation, though with a high unemployment rate: 11.49% in 2019. [16] Costa Rica's economy emerged from recession in 1997 and has shown strong aggregate growth since then.
Tourism in Costa Rica has been one of the fastest growing economic sectors of the country and by 1995 became the largest foreign exchange earner. Since 1999, tourism has earned more foreign exchange than bananas, pineapples and coffee exports combined.
ICE Building in Sabana Norte, San José. Instituto Costarricense de Electricidad (English: Costa Rican Institute of Electricity) ( ICE) is the Costa Rican government-run electricity and telecommunications services provider. Together with the Radiographic Costarricense SA (RACSA) and Compañía Nacional de Fuerza y Luz (CNFL), they form the ICE ...
Costa Rica has a geographic advantage over others in that its high concentration per capita of rivers, dams, and volcanoes allows for a high renewable energy output. In addition, Costa Rica is the fourth highest nation in terms of rainfall per capita: it receives an average of 2,926 mm of precipitation per year. [8]
The company has operations in Argentina, Bolivia, Brazil, Chile, Colombia, Costa Rica, Dominican Republic, Ecuador, El Salvador, Guatemala, Honduras, Mexico, Nicaragua, Panama, Paraguay, Peru, Uruguay and Venezuela. In 2023 Time included Mercado Libre in the list of the 100 most influential companies in the world.
Outsourcing. Outsourcing is a business practice in which companies use external providers to carry out business processes that would otherwise be handled internally, [1] [2] or in-house. [3] Outsourcing sometimes involves transferring employees and assets from one firm to another.
Costa Rica provides universal health care to its citizens and permanent residents. [1] Both the private and public health care systems in Costa Rica are continually being upgraded. Statistics from the World Health Organization (WHO) frequently place Costa Rica in the top country rankings in the world for long life expectancy.
The country's Free Trade Zones provide incentives for manufacturing and service industries to operate in Costa Rica. In 2015, the zones supported over 82 thousand direct jobs and 43 thousand indirect jobs in 2015 and average wages in the FTZ were 1.8 times greater than the average for private enterprise work in the rest of the country.
Outward Bound Costa Rica (OBCR) (formerly known as "Costa Rica Rainforest Outward Bound School" or CRROBS) is a non-profit experiential learning and outdoor education organization based in San José, Costa Rica. It is a charter of Outward Bound International (OBI).
Service companies of Costa Rica (1 C) T. Tourism in Costa Rica (4 C, 7 P) Transport in Costa Rica (8 C, 6 P) This page was last edited on 25 January 2020, at ...