The Central Bank of Costa Rica published its Monthly Index of Economic Activity for June 2025, reporting 4.2% year-on-year growth in the trend-cycle series. This was 0.2 percentage points slower than June 2024, while average growth for the first half of 2025 was also 4.2%. Growth continued to be concentrated in firms operating in special regimes, where output rose 15.5% year on year, the largest increase since July 2023, supported by higher exports of medical devices (up 38.5%) and growth in administrative services, technical analysis, software development and information technology services. The definitive regime expanded 1.8%, supported by stronger domestic demand for transport, real estate and trade services, and by external demand for professional services, but moderated by a 3.7% contraction in construction, weaker momentum in food, textiles and paper within manufacturing, an eighth consecutive month of declining agricultural output, and a 4.5% fall in air tourist arrivals versus a year earlier.
Central Bank of Costa Rica 2025-08-11
Central Bank of Costa Rica reports June 2025 economic activity up 4.2% year on year led by 15.5% growth in special regimes
The Central Bank of Costa Rica reported a 4.2% year-on-year growth in its Monthly Index of Economic Activity for June 2025, slightly slower than the previous year. Growth was driven by firms in special regimes, with a 15.5% increase due to higher exports of medical devices and growth in IT services. The definitive regime saw a 1.8% expansion, tempered by declines in construction, agriculture, and air tourist arrivals.