Sunday 4 June 2023

Costa Rica among the 50 richest countries in the world

Annual GDP per capita borders US$12K

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Costa Rica ranks last among the 50 richest countries in the world, according to GOBankingRates. The annual GDP per capita, that is, the result of dividing the total production of a country in a year, among its number of inhabitants, is US$11,810.08

Image for illustrative purposes from La Republica

According to GoBankingRates, Costa Rica’s GDP is propped up by exports of a host of agricultural products, including bananas, pineapples, coffee, and melons. Medical devices is another important industry for the country.

The richest nation globally it is Luxembourg, with a GDP per capita greater than US$105,000

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GOBankingRates conducted its study with data from the International Monetary Fund (IMF) and the Central Intelligence Agency (CIA), ranking the 50 top economies in the world. Data is accurate as of August 5, 2019, and is subject to change.

In Central America, topping Costa Rica is Panama (44) with a GDP per capita of $15,198.09; across Latin America, Chile (45) with a GDP per capita of $15,127.76, and Argentina (46) with a GDP per capita of $14.264.25.

Richest countries (GDP per capita in thousands of dollars):

1. Luxembourg (105)

2. Switzerland (80)

3. Norway (75)

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4. Iceland (72)

5. Ireland (68)

44. Panama (15)

45. Chile (15)

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46. Argentina (14)

50. Costa Rica (12)

See the full list here.

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