Costa Rica, officially the Republic of Costa Rica, is a country in Central America, bordered by Nicaragua to the north, the Caribbean Sea to the northeast, Panama to the southeast, the Pacific Ocean to the southwest, and maritime border with Ecuador to the south of Cocos Island. It has a population of around five million in a land area of 51,060 km2 (19,710 sq mi). An estimated 333,980 people live in the capital and largest city, San José, with around two million people in the surrounding metropolitan area.
The first indigenous peoples of Costa Rica were hunters and gatherers, and when the Spanish conquerors arrived, Costa Rica was divided in two distinct cultural areas due to its geographical location in the Intermediate Area, between Mesoamerican and the Andean cultures, with influences of both cultures.
The economy of Costa Rica has been very stable for some years now, with continuing growth in the GDP and moderate inflation, though with a high unemployment rate: 11.49% in 2019. Costa Rica's economy emerged from recession in 1997 and has shown strong aggregate growth since then. The estimated GDP for 2017 is US$61.5 billion, up significantly from the US$52.6 billion in 2015 while the estimated 2017 per capita is US$12,382.
Central America is a region of the Americas. It is bordered by Mexico to the north, Colombia to the south, the Caribbean Sea to the east, and the Pacific Ocean to the west. Central America consists of seven countries: Belize, Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua, and Panama. Their combined population is estimated at 44.53 million (2016).
The economy of Honduras is based mostly on agriculture, which accounts for 14% of its gross domestic product (GDP) in 2013. The country's leading export is coffee (US$340 million), which accounted for 22% of the total Honduran export revenues. Bananas, formerly the country's second-largest export until being virtually wiped out by 1998's Hurricane Mitch, recovered in 2000 to 57% of pre-Mitch levels. Cultivated shrimp is another important export sector. Since the late 1970s, towns in the north began industrial production through maquiladoras, especially in San Pedro Sula and Puerto Cortés.
The economy of Nicaragua is focused primarily on the agricultural sector. Nicaragua itself is the least developed country in Central America, and the second poorest in the Americas by nominal GDP. In recent years, under the administrations of Daniel Ortega, the Nicaraguan economy has expanded somewhat, following the Great Recession, when the country's economy actually contracted by 1.5%, due to decreased export demand in the American and Central American markets, lower commodity prices for key agricultural exports, and low remittance growth. The economy saw 4.5% growth in 2010 thanks to a recovery in export demand and growth in its tourism industry. Nicaragua's economy continues to post growth, with preliminary indicators showing the Nicaraguan economy growing an additional 5% in 2011. Consumer Price inflation have also curtailed since 2008, when Nicaragua's inflation rate hovered at 19.82%. In 2009 and 2010, the country posted lower inflation rates, 3.68% and 5.45%, respectively. Remittances are a major source of income, equivalent to 15% of the country's GDP, which originate primarily from Costa Rica, the United States, and European Union member states. Approximately one million Nicaraguans contribute to the remittance sector of the economy.
Limón is one of seven provinces in Costa Rica. The province covers an area of 9,189 km², and has a population of 386,862.
Limón, commonly known as Puerto Limón, is a district, the capital city and main hub of Limón province, as well as of the Limón canton in Costa Rica. It is the seventh largest city in Costa Rica, with a population of over 55,000, and is home of the Afro-Costa Rican community. Part of the community traces its roots to Italian, Jamaican and Chinese laborers who worked on a late nineteenth-century railroad project that connected San José to Puerto Limón. Until 1948, the Costa Rican government did not recognize Afro-Caribbean people as citizens and restricted their movement outside Limón province. As a result of this "travel ban", this Afro-Caribbean population became firmly established in the region, which influenced decisions not to move even after it was legally permitted. Nowadays, there is a significant outflow of Limón natives who move to the country's Central Valley in search for better employment and education. The Afro-Caribbean community speaks Spanish and Limonese Creole, a creole of English.
Alajuela is a district in the Alajuela canton of the Alajuela Province of Costa Rica. As the seat of the Municipality of Alajuela canton, it is awarded the status of city. By virtue of being the city of the first canton of the province, it is also the capital of the Province of Alajuela.
San Marcos is a district and the head city of the canton of Tarrazú in the province of San José in Costa Rica.
San Ramón is a district in the canton of San Ramón in Alajuela Province in Costa Rica. The central municipality (distrito) of San Ramón covers an area of 1.29 km2 (0.50 sq mi) and has a population of 10,710. Together with adjoining distritos, it forms what is colloquially known as Ciudad de San Ramón. However, cities are no longer a valid administrative division in Costa Rica, by municipal codex law 7794 of April 30, 1998.
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. The tourism boom began in 1987, with the number of visitors up from 329,000 in 1988, through 1.03 million in 1999, over 2 million in 2008, to a historical record of 2.66 million foreign visitors in 2015. In 2012, tourism contributed with 12.5% of the country's GDP and it was responsible for 11.7% of direct and indirect employment. In 2009, tourism attracted 17% of foreign direct investment inflows, and 13% in average between 2000 and 2009. In 2010, the tourism industry was responsible for 21.2% of foreign exchange generated by all exports. According to a 2007 report by ECLAC, tourism contributed to a reduction in poverty of 3% in the country.
Coffee production has played a key role in Costa Rica's history and continues to be important to the country's economy. In 2006, coffee was Costa Rica's number three export, after being the number one cash crop export for several decades. In 1997, the agriculture sector employed 28 percent of the labor force and comprised 20 percent of Costa Rica's total GNP. Production increased from 158,000 tons in 1988 to 168,000 tons in 1992. The largest growing areas are in the provinces of San José, Alajuela, Heredia, Puntarenas, and Cartago. The coffee is exported to other countries in the world and is also exported to cities in Costa Rica.
Afro–Costa Ricans are Costa Ricans of African ancestry.
Grupo Nutresa, formerly Grupo Nacional de Chocolates S.A.(in english: Chocolate National Group S.A.) is a food-processing conglomerate headquartered in Medellín, Colombia.
Coffee production in El Salvador has fueled the Salvadoran economy and shaped its history for more than a century. Rapidly growing in the 19th century, coffee in El Salvador has traditionally provided more than 50% of the country's export revenues, reaching a peak in 1980 with a revenue of more than $615 million. With the political and economic turmoil resulting from a civil war in the 1980s, the coffee industry has struggled to recover entirely, and by 1985 earned around $403 million from coffee. Brazil has been buying to sell the goods of El Salvador.
Costa Rican agriculture plays a profound part in the country's gross domestic product (GDP). It makes up about 6.5% of Costa Rica's GDP, and 14% of the labor force. Depending upon location and altitude, many regions differ in agricultural crops and techniques. The main exports include: bananas, pineapples, coffee, sugar, rice, vegetables, tropical fruits, ornamental plants, corn, potatoes and palm oil.
Ecotourism in Costa Rica is one of the key activities of the tourism industry in the country. By the early 1990s, Costa Rica became known as the poster child of ecotourism. The country is among many developing nations that look to ecotourism as a way of cashing in on the growing demand for this popular trend of travel.
San Vito, originally named San Vito de Java, is a district and head city of the Coto Brus canton, in the Puntarenas province of Costa Rica. It is located about 271 kilometres (168 mi) southeast of the capital San José, and close to the Panama border.
The economy of Central America is the eleventh-largest economy in Latin America, behind Brazil, Mexico, Argentina and Colombia. According to the World Bank, the nominal GDP of Central America reached 204 billion US dollar in 2010, as recovery from the crisis of 2009, where gross domestic product (GDP) suffered a decline to 3.8%. The major economic income are the agriculture and tourism, although the industrial sector is in strong growth, mainly in Panama.
