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Costa Rica - Gross domestic product based on purchasing-power-parity in current prices

88.22 (billion international dollars) in 2018

In 2018, GDP based on PPP for Costa Rica was 88.22 billion international dollars. Over the last 20 years, GDP based on PPP of Costa Rica grew substantially from 29.07 to 88.22 billion international dollars rising at an increasing annual rate that reached a maximum of 11.07 % in 2007 and then decreased to 5.14 % in 2018.

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What is GDP based on PPP?

GDP (PPP based) is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as a U.S. dollar has in the United States. A purchasing power parity (PPP) between two countries, A and B, is the ratio of the number of units of country A’s currency needed to purchase in country A the same quantity of a specific good or service as one unit of country B’s currency will purchase in country B. PPPs can be expressed in the currency of either of the countries. In practice, they are usually computed among large numbers of countries and expressed in terms of a single currency, with the U.S. dollar (US$) most commonly used as the base or "numeraire" currency.

What is Costa Rica GDP based on PPP?

Date Value Change, %
2018 88.22 5.14 %
2017 83.91 5.34 %
2016 79.65 5.32 %
2015 75.63 4.71 %
2014 72.22 5.43 %
2013 68.50 4.06 %
2012 65.83 6.81 %
2011 61.63 6.49 %
2010 57.88 6.18 %
2009 54.51 -0.22 %
2008 54.63 6.68 %
2007 51.21

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