Costa Rica sufrirá una desaceleración económica en 2026 por impacto de aranceles de EEUU Costa Rica’s economy is projected to grow by 4.2% in 2025 but face a slowdown to 3.5% in 2026 and 3.4% in 2027. This deceleration is attributed to increased US tariffs on exports, particularly medical devices, and growing global uncertainty, which are expected to curb foreign direct investment and moderate export performance. While private consumption is expected to remain resilient, overall economic growth will be tempered by weaker investments and net exports.

• Costa Rica’s economy is projected to grow by 4.2% in 2025 but slow to 3.5% in 2026 and 3.4% in 2027.
• The slowdown is primarily due to a 10% increase in US tariffs on exports and rising global uncertainty.
• A potential increase in tariffs on medical devices, Costa Rica’s main export sector, could further impact the economy in 2026.
• Private consumption is expected to remain resilient, but foreign direct investment may decrease.
• Public investment will be constrained by the country’s fiscal rule.
• Inflation is forecast to be 0.8% in 2026 and 2.1% in 2027, nearing the Central Bank’s 3% target.
• The fiscal deficit is projected to reach 3.3% of GDP in 2026 and 3.1% in 2027.
• Recommendations include diversifying export markets, improving port infrastructure, and reorienting education towards high-demand sectors.