Friday 26 April 2024

Number of Small Businesses In Costa Rica Up 10%

It is estimated that by 2019 there were 396,796 micro-empresas (small businesses) in Costa Rica operating from homes in the country, 10% more than the 361,404 reported at the end of 2018.

Paying the bills

Latest

Foods high in calories, sugar and fat will have to include a front label

QCOSTARICA -- For consumers to have clear information about...

San Jose Airport speeds up departures and arrivals of tourists in less than an hour

QCOSTARICA -- A series of recent changes carried out...

Shortage of available hospital beds back home strands Canadian in Costa Rica

QCOSTARICA  - Suffering a medical emergency, whether it be...

The Changes in the 6 months before death symptoms- Both Physical and Emotional

Individuals and their families embark on a dramatic journey...

What occurs once your nation operates on 99 percent renewable energy?

Q24N (The Verge) While most of the world still...

How relocating from the U.S. to Costa Rica’s ‘blue zone’ totally changed this family’s life forever

QCOSTARICA (CTV) When Kema Ward-Hopper and her then-fiance Nicholas...

Dollar Exchange

¢499.75 BUY

¢504.88 SELL

26 April 2024 - At The Banks - Source: BCCR

Paying the bills

Share

On average, microempresas (small businesses) in Costa Rica have 13 years of economic activity, but there are differences by sector: in the agricultural sector, the average is 20 years, in the industry sector is 14 years, in the trade sector is 12 years and in the service sector the average 11 years, reported the National Institute of Statistics and Censuses (INEC).

According to the Encuesta Nacional de Microempresas de los Hogares 2019 (National Survey of Household Microenterprises 2019), “… another aspect that characterizes the microempresas, is that in 93.8% of economic activities, the producer works individually, with their partners or with people who help occasionally or unpaid (own account), the remaining 6.2%, are owners who employ people on a paid and permanent (employers), basis whether in their own home or another.

- Advertisement -

By sector of economic activity in 2019, of the 396,796 microempresas, the service sector accounted for 43.2%, with the highest concentration. In addition, industry accounts for 21.7%, commerce for 21.1% and agriculture for 14.1%.

Regarding service activities, the highest percentage of businesses are: transportation, food services, gardeners, beauty treatments, shrimp. In commerce, retail sales in establishments, at home and in the street prevail, as well as the maintenance and repair of motor vehicles; in industry, construction, the manufacture of bakery products and the production of dairy products predominate. In the agricultural activities, coffee and banana crops, cattle raising and pig farming are the most important. These are some examples of greater relative importance within a great diversity of activities developed by this sector of household enterprises.”

See full document (in Spanish).

- Advertisement -
Paying the bills
Q Costa Rica
Q Costa Rica
Reports by QCR staff

Related Articles

About 29,000 small businesses disappeared in one year

QCOSTARICA - About 29,000 microenterprises disappeared in 2019, according to the...

Costa Rica’s Capital Gains Tax Is The Highest In The Region

Costa Rica's capital gains tax is the highest in the region,...

Subscribe to our stories

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

Discover more from Q COSTA RICA

Subscribe now to keep reading and get access to the full archive.

Continue reading