The Central Bank of Costa Rica published its latest private-sector environmental protection expenditure (GPA) account for 2022, reporting total spending of CRC 118,325 million, equivalent to 0.26% of GDP. The release also updates the material flow account and environment-related fiscal revenue data through 2024. In the 2022 GPA results, 80% of private-sector environmental spending was current expenditure and 20% was capital investment. Within capital spending, 62% went to technologies to treat waste generated by production processes and 38% to integrated technologies that enable cleaner production with lower environmental impact. Manufacturing accounted for 37% of total spending, followed by activities specialised in environmental protection at 20%, including wastewater evacuation and waste management. The 2024 material flow account shows domestic extraction of 44.2 million tonnes, comprising 19.6 million tonnes of biomass and 24.6 million tonnes of non-metallic minerals, which represented 56% of extracted volume; biomass led exports at 6.9 million tonnes (78% of total exports), while the country remained a net importer with 11.6 million tonnes imported, almost 3 million tonnes more than exports. Environment-related fiscal revenues represented 2.12% of GDP in 2024, with 98% concentrated in energy-related taxes (61%, driven by the single fuel tax) and transport-related revenues (37%, led by the vehicle property tax).
2025-06-20Central Bank of Costa Rica
Central Bank of Costa Rica releases environmental accounts showing private sector spent CRC 118,325 million on environmental protection in 2022
The Central Bank of Costa Rica reported private-sector environmental protection expenditure in 2022 totaled CRC 118,325 million, or 0.26% of GDP, with 80% as current expenditure and 20% as capital investment. The 2024 material flow account recorded domestic extraction of 44.2 million tonnes, with biomass leading exports at 6.9 million tonnes. Environment-related fiscal revenues in 2024 accounted for 2.12% of GDP, primarily from energy and transport-related taxes.