Costa Rica GDP Deflator
Inflation as measured by annual growth rate of GDP implicit deflator NY.GDP.DEFL.KD.ZG
Costa Rica's gdp deflator was 0.70% in 2025, ranked 196th globally. This represents a 1,393.2% increase from 2024. Data from World Bank, covering 1961–2025.
Overview
Costa Rica's gdp deflator stood at 0.70% in 2025, a rise of +0.66pp from 2024. Based on recent trends, this figure is projected to reach 0.70% by 2025. Costa Rica ranked 196th globally.
Costa Rica’s GDP deflator has risen modestly to 0.70 % in 2025, placing the country 196th in the world ranking and edging slightly above Malaysia’s 0.73 % and Denmark’s 0.75 % peers. Over the 65‑year series, the index moved from a low of 0.52 % in 1961 to an all‑time peak of 84.17 % during the 1982 inflationary surge, before slipping to a historic trough of –0.09 % in 2023, the only negative reading in the record. The post‑trough rebound to a positive 0.70 % reflects a gradual re‑anchoring of price stability after the 2023 deflationary episode, aided by monetary tightening and a modest recovery in external demand. While the current trajectory suggests continued low‑inflation conditions, any resurgence of commodity price shocks or fiscal expansion could reverse the modest upward trend, pushing the deflator back toward higher levels.
Data & projection
| Year | GDP Deflator | YoY change | Rank |
|---|---|---|---|
| 2027* trend | -0.08% | - | - |
| 2026* trend | 0.31% | - | - |
| 2025* trend | 0.70% | - | - |
| 2025 | 0.70% | +0.66pp | #196 |
| 2024 | 0.05% | +0.14pp | #17 |
| 2023 | -0.09% | −6.37pp | #28 |
| 2022 | 6.28% | +3.91pp | #84 |
| 2021 | 2.37% | +1.60pp | #48 |
| 2020 | 0.77% | −1.79pp | #70 |
| 2019 | 2.57% | +0.37pp | #122 |
| 2018 | 2.19% | −0.67pp | #91 |
| 2017 | 2.86% | +0.90pp | #103 |
| 2016 | 1.96% | −2.00pp | #107 |
| 2015 | 3.96% | −2.25pp | #148 |
| 2014 | 6.21% | +1.62pp | #174 |
| 2013 | 4.59% | −0.14pp | #153 |
| 2012 | 4.73% | +0.14pp | #125 |
| 2011 | 4.59% | −2.04pp | #98 |
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 gdp deflator improve within 24 months. View full analysis →
Frequently Asked Questions
Costa Rica's gdp deflator was 0.70% in 2025. Ranked 196th globally. This represents a 1,393.2% increase from the previous year.
Costa Rica's gdp deflator peaked at 84.17% in 1982.
The lowest gdp deflator in Costa Rica was -0.09% in 2023.
Costa Rica ranks 196th globally in gdp deflator as of 2025.
The World Bank indicator code is NY.GDP.DEFL.KD.ZG. Data sourced from World Bank.
Costa Rica's gdp deflator is projected to reach 0.70% by 2025 based on trend extrapolation.
The gdp deflator of Costa Rica in 2025 was 0.70%. This ranks 196th in the world.
Cite this page
@misc{historysaid_costa-rica_gdp-deflator,
title = {Costa Rica GDP Deflator},
url = {https://historysaid.com/costa-rica/gdp-deflator/},
publisher = {HistorySaid},
year = {2026}
}