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Deaths associated with covid-19 displaced heart attacks as leading cause of deaths in 2020

QCOSTARICA - Deaths associated to covid-19 displaced heart attacks in 2020, as the leading cause of death in Costa Rica. According to data from the Instituto Nacional de Estadística y Censos (INEC) - National Institute of Statistics and Censuses, 2,334 people died associated with covid-19,...

Unemployment in Costa Rica has affected women the most during the pandemic

QCOSTARICA - The latest unemployment figures show that women have been affected the most during the pandemic: more than a quarter of the female population (26.6%) is without work. In the case of men, approximately one in five (19.1%) are out of work. The data is...

Unemployment in Costa Rica closed 2020 at 20%

QCOSTARICA - The National Institute of Statistics and Censuses (INEC) reported Thursday, February 4, that unemployment in the last moving quarter of 2020 reached 20%. The moving quarter means that the three-month average unemployment is considered and each month the last month is removed and...

Informal employment rises faster from the crisis

QCOSTARICA - Informal employment was the hardest hit by the economic crisis caused by the new coronavirus pandemic in Costa Rica, and is now the one that is rising the fastest. This is seen in the results of the Continuous Employment Survey (Encuesta Continua de...

About 29,000 small businesses disappeared in one year

QCOSTARICA - About 29,000 microenterprises disappeared in 2019, according to the latest figures by the National Institute of Statistics and Census of Costa Rica (INEC). There are now some 367,911 microentreprises, small businesses that employ a small number of employees, usually fewer than 10 people,...

COVID-19 effect: Unemployment in Costa Rica climbs to 20.1% between March and May

(QCOSTARICA) Unemployment in Costa Rica reached 20.1% in the months of March, April, and May 2020, driven by the health measures taken to contain the outbreak of the new coronavirus. The National Institute of Statistics and Census (INEC) on Thursday released the results of the...

More Costa Rican households fell into poverty in 2019 despite indicator remains at 21%

Although the poverty indicator in Costa Rica registered a slight reduction from 21.1% in 2018 to 21% this year, 7,047 new households fell into this condition in the country during 2019. The data is derived from the Encuesta Nacional de Hogares (Enaho 2019) - National...

Costa Rica Construction Falls 12%

During the first six months of the year, the construction area processed in the country totaled 1.28 million square meters (13.7 million square feet) , an area that is 12% less than that reported in the same period of 2018. January records the largest construction...

Costa Rica Reports Lower Inflation During February

In the second month of the year, the year-on-year change in the Consumer Price Index (CPI) was 1.5%, below the 2.2% increase recorded in February 2018. During February, the goods and services with the greatest positive effect were: automobile, primary education and junior high school....

Costa Rica: 1.7% Inflation up to January 2019

The consumer price index did not show any major changes in January 2019, as it barely varied by 0.05% with respect to December 2018, mainly because of the Transport and Education prices. Of the 315 goods and services included in the 'canasta basica' (basic consumption...

Costa Rica Unemployment Rises to 10.3%

The unemployed population with respect to the labor force increased 1.2%, going from 9.1% in the first quarter of 2017, to 10.3% in the first quarter of 2018. The employment rate was 51.8%, while in the same period last year it was 54%. The...

Costa Rica Inflation 2.6% YOY as of March 2018

In March, the Consumer Price Index (CPI) recorded a monthly variation of 0.59%, mainly explained by the prices of Entertainment and culture sector, and meals outside the home, , the group having a higher effect on the variation of the general index. From a report...

90% of Companies in Costa Rica Employ 30 Or Less

According to a directory published by the Instituto Nacional de Estadística y Censos (INEC) - National Institute of Statistics and Census,  in 2017, there were some 37,000 companies in the country The majority of them are small and have few employees, according to the results...

Costa Rica Home Internet Penetration up 8% to 65% in 2016

Residential internet penetration in Costa Rica rose 8% year on year to 65%of the country’s homes last year, according to a report from the National Statistics and Census Institute (INEC). The penetration rate increased in spite of a 4% decline in the number of homes...

Costa Rica Closes Out 2016 with the Lowest Poverty Rate in Seven Years

(Q COSTA RICA) Costa Rica closes out 2016 with the lowest poverty in seven years, according to data from the National Institute of Statistics and Censuses (INEC). More than 10,000 households rose about the poverty line, and 10,000 left what is considered extreme poverty, according to...

Labour Participation Still Falling in Costa Rica

(QCOSTARICA) In the third quarter the national net labour participation rate fell by 3% compared to the same period in 2015. From a statement issued by the National Institute of Statistics and Census (INEC) of the results of Continuous Employment Survey III quarter 2016: Informal...

No Drop In Unemployment in Costa Rica

QCOSTARICA - The unemployment rate in Costa Rica in the fourth quarter of 2015 stood at 9.6%, slightly lower than the 9.7% in the same period the previous year, reports the National Institute of Statistics and Census (Nacional de Estadística y Censos (INEC). Though there...

Strong Slowdown in Inflation

(QCOSTARICA) In June, the CPI showed a variation of 0.43%, placing inflation in the last twelve months at 1.02%, well below the 4.59% of a year ago. From a statement issued by the National Institute of Statistics and Census (Instituto Nacional de Estadística y Censos...

Unemployment Rose to 9.7% in Fourth Quarter of 2014

COSTA RICA NEWS - Unemployment rose during the last three months of 2014, the jobless rate reaching 9.7%, representing an increase of 1.14% compared to the same period in 2013, when it was 8.3%, according to the National Institute of Statistics and Census (Spanish:...

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