The Central Bank of Costa Rica published its Monthly Index of Economic Activity (IMAE) for October 2025, reporting 4.6% year-on-year growth and a 0.4 percentage point acceleration versus the same month a year earlier. Average growth over the first ten months of 2025 was 4.5% compared with the same period in 2024. Activity in firms operating under special regimes grew 15.0% and accounted for 53.5% of the IMAE’s year-on-year increase, driven mainly by manufacturing, alongside growth above 5.0% in IT and consulting services and head office management services. The definitive regime recorded 2.6% annual growth, 0.5 percentage points lower than a year earlier, with professional and administrative services, education and health, transport and storage, and financial activities contributing 60.0% of that regime’s growth; the moderation was attributed to slower private construction (particularly non-residential projects) and a decline in agricultural output amid adverse weather conditions.
Central Bank of Costa Rica 2025-12-12
Central Bank of Costa Rica reports 4.6% annual growth in monthly economic activity index for October 2025 led by 15.0% expansion in special regimes
The Central Bank of Costa Rica reported a 4.6% year-on-year growth in its Monthly Index of Economic Activity for October 2025, with a 0.4 percentage point acceleration from the previous year. Special regime firms, led by manufacturing, contributed significantly with a 15.0% growth, while the definitive regime saw a 2.6% increase, hindered by slower private construction and reduced agricultural output due to adverse weather.