Costa Rica Budget Deficit
General government net lending/borrowing as % of GDP GGXCNL_NGDP
Overview
Costa Rica's budget deficit stood at -3.20% in 2025, a rise of +0.59% from 2024. The IMF projects -3.20% by 2025. Costa Rica ranked 105th globally.
Data & projection
| Year | Budget Deficit | YoY change | Rank |
|---|---|---|---|
| 2030* IMF | -2.12% | - | - |
| 2029* IMF | -2.29% | - | - |
| 2028* IMF | -2.52% | - | - |
| 2027* IMF | -2.72% | - | - |
| 2026* IMF | -3.03% | - | - |
| 2025* IMF | -3.20% | - | - |
| 2025 | -3.20% | +0.59% | #105 |
| 2024 | -3.78% | −0.53% | #68 |
| 2023 | -3.25% | −0.45% | #87 |
| 2022 | -2.81% | +2.28% | #97 |
| 2021 | -5.09% | +3.29% | #75 |
| 2020 | -8.38% | −1.70% | #56 |
| 2019 | -6.68% | −1.02% | #20 |
| 2018 | -5.66% | +0.22% | #25 |
| 2017 | -5.88% | −0.78% | #25 |
| 2016 | -5.09% | +0.43% | #44 |
| 2015 | -5.52% | −0.07% | #43 |
| 2014 | -5.45% | −0.21% | #35 |
| 2013 | -5.25% | −1.03% | #32 |
| 2012 | -4.22% | −0.31% | #51 |
| 2011 | -3.91% | +1.05% | #60 |
Detected Pattern
Analysis
Costa Rica matched the Orthodox Tightening Cycle pattern in 1995. Historically, 57% of countries showing this pattern (177 out of 311) saw budget deficit improve within 24 months. View full analysis →
Frequently Asked Questions
Costa Rica's budget deficit was -3.20% in 2025. Ranked 105th globally. This represents a 15.5% increase from the previous year.
Costa Rica's budget deficit peaked at 0.56% in 2007.
The lowest budget deficit in Costa Rica was -8.38% in 2020.
Costa Rica ranks 105th globally in budget deficit as of 2025.
The World Bank indicator code is GGXCNL_NGDP. Data sourced from IMF WEO.
Costa Rica's budget deficit is projected to reach -3.20% by 2025 based on IMF projection.
The budget deficit of Costa Rica in 2025 was -3.20%. This ranks 105th in the world.
Cite this page
@misc{historysaid_costa-rica_budget-deficit,
title = {Costa Rica Budget Deficit},
url = {https://historysaid.com/costa-rica/budget-deficit},
publisher = {HistorySaid},
year = {2026}
}