Photo from
Photo from Costaricadreamsforsale

(qCOSTARICA BUSINESS) The lack of changes in the economic outlook and the business and investment climate is keeping the private sector waiting for clearer signals of the path the economy will take.

From a statement issued by Deloitte Costa Rica:

This study measured the perception of 103 executives from local and multinational companies between 20 April and 15 May this year.

When asked, how they view the economic situation today compared to a year ago: 60.8% felt no change, 28.4% said it was worse and only 10.8% said it has improved. When asked about their expectations for the next 12 months, 43% said they expected no changes, 42% believed it will worsen and only 15% tought it will get better.

In relation to the current business climate in Costa Rica, 56.6% of employers regarded it as normal, 17.2% thought it was good and 4% said they felt it was very good. On the other side were those who believed that the business climate was bad or very bad with 22, 2%.

Click here for the full report by Deloitte.