Saturday 30 September 2023

Costa Rica is first in the world in direct foreign investment

The country attracts 12 times more projects than would be expected in relation to the size of its economy according to FDI ranking

Paying the bills


2024 Marchamo reduction gets official approval

QCOSTARICA -- The end-of-the-year expenses will be lower for...

Dollar exchange expected to remain low for the rest of the year and close at ¢550

QCOSTARICA -- If you have debts in dollars you...

Thousands of Women March in Latin America Calling for Abortion Rights

Q24N (VOA) The streets of cities across Latin America...

US, Latin America Seek to Boost Cybersecurity

Q24N (VOA) Countries up and down the Western Hemisphere...

Costa rica president accused of making deal with cartels to reduce crime

QCOSTARICA -- "Indagan supuesto diálogo gobierno-narco", “Narcotráfico se afianza...

Costa Rica declares a state of emergency due to ‘migration crisis’ and prepares deportations

QCOSTARICA -- Costa Rica's migration crisis got out of...

Dollar Exchange

¢534.47 BUY

¢542.35 SELL

30 September 2023 - At The Banks - Source: BCCR

Paying the bills


QCOSTARICA – Costa Rica has the largest foreign direct investment (FDI) in the world in relation to the size of its economy, according to the IED Greenfield Performance Index prepared by FDI Intelligence.

With a score of 12.7 Costa Rica is located in the first position.

- Advertisement -

This means that, given the size of its economy, it attracts 12.7 times more projects than the size of its Gross Domestic Product (GDP) would suggest.

“In the eighth edition of Greenfield FDI Performance Index of FDI Intelligence, Costa Rica maintained its position as the country that attracts the most IED in relation to its GDP, thus strengthening the attraction of its investment proposal following the COVID-19 and the war In Ukraine. Costa Rica remains an attractive proposal for investors,” says the report.

In this sense, only in the first quarter of 2022, 60 multinational investment projects by companies such as Microsoft, Pfizer, Intel, Coca-Cola, and others were announced, according to CINDE, the Costa Rican Investment Promotion Agency.

In addition, has seen an increase in the export of medical devices, totaling over US$5 billion in 2021, and 13 out of the 30 top medical technology firms in the world are based here.

Costa Rica (12.7) topped the FDI index globally and in Latin America for a second year in a row, Colombia (2.5) ranked second and Uruguay (2.0) placed third. The Dominican Republic (1.5) has climbed in the rankings from 10th place in 2021 to fifth in 2022.

North Macedonia (11.9) and the United Arab Emirates (11.1) complete the Top 3 of the ranking, while in Latin America, Colombia stands out in 35th place, and Uruguay in 43rd.

- Advertisement -
Paying the bills
Avatar photo
"Rico" is the crazy mind behind the Q media websites, a series of online magazines where everything is Q! In these times of new normal, stay at home. Stay safe. Stay healthy.

Related Articles

Costa rica president accused of making deal with cartels to reduce crime

QCOSTARICA -- "Indagan supuesto diálogo gobierno-narco", “Narcotráfico se afianza en Costa...

Subscribe to our stories

To be updated with all the latest news, offers and special announcements.

%d bloggers like this: