Home Costa Rica Government Government Debt to GDP

Costa Rica Government Debt to GDP

General government gross debt as % of GDP  GGXWDG_NGDP

59.66% −0.10% (-0.2%)
Year 2025 Rank #75 Global Peak 67.63% (2021) Source IMF WEO

Costa Rica Government Debt to GDP (1996–2025)

Overview

Costa Rica's government debt to gdp stood at 59.66% in 2025, a decline of +0.10% from 2024. The IMF projects 59.66% by 2025. Costa Rica ranked 75th globally.

Data & projection

Year Government Debt to GDP YoY change Rank
2030* IMF 57.44% - -
2029* IMF 58.19% - -
2028* IMF 58.80% - -
2027* IMF 59.22% - -
2026* IMF 59.50% - -
2025* IMF 59.66% - -
2025 59.66% −0.10% #75
2024 59.75% −1.37% #109
2023 61.12% −1.87% #111
2022 62.99% −4.64% #112
2021 67.63% +0.72% #115
2020 66.91% +10.48% #110
2019 56.43% +4.59% #114
2018 51.84% +4.78% #106
2017 47.06% +3.01% #92
2016 44.06% +4.27% #86
2015 39.79% +2.35% #77
2014 37.44% +2.36% #80
2013 35.08% +1.34% #81
2012 33.74% +4.23% #81
2011 29.51% +1.42% #67
Show all years (1996-2025)
* IMF World Economic Outlook projection

Detected Pattern

Orthodox Tightening Cycle
Inflation above 40%, lending rate above 30%, rate-inflation gap narrowing, reserves stable or rising. Signals credible monetary tightening.
Inflation 23.2% Rate 36.7% Gap +13.5pp Reserves YoY +16.9%
Occurred 311 times, 177 successful
Inflation
28.2%
Rate
19.4%
Gap
-8.8pp
Reserves YoY
+2.2%
Inflation
219.9%
Rate
61.7%
Gap
-158.2pp
Reserves YoY
+28.1%
Inflation
28.3%
Rate
24.3%
Gap
-4.0pp
Reserves YoY
+35.8%
Inflation
33.9%
Rate
17.8%
Gap
-16.1pp
Reserves YoY
+2.9%
Inflation
17.0%
Rate
20.8%
Gap
+3.8pp
Reserves YoY
+1.5%
Inflation
17.1%
Rate
15.3%
Gap
-1.8pp
Reserves YoY
+10.9%

Analysis

Costa Rica matched the Orthodox Tightening Cycle pattern in 1995. Historically, 57% of countries showing this pattern (177 out of 311) saw government debt to gdp improve within 24 months. View full analysis →

Frequently Asked Questions

What is Costa Rica's government debt to gdp?

Costa Rica's government debt to gdp was 59.66% in 2025. Ranked 75th globally. This represents a 0.2% decrease from the previous year.

What was the highest government debt to gdp in Costa Rica?

Costa Rica's government debt to gdp peaked at 67.63% in 2021.

What was the lowest government debt to gdp in Costa Rica?

The lowest government debt to gdp in Costa Rica was 24.01% in 2008.

How does Costa Rica rank in government debt to gdp?

Costa Rica ranks 75th globally in government debt to gdp as of 2025.

What is the World Bank indicator code for government debt to gdp?

The World Bank indicator code is GGXWDG_NGDP. Data sourced from IMF WEO.

What is the projected government debt to gdp of Costa Rica in 2025?

Costa Rica's government debt to gdp is projected to reach 59.66% by 2025 based on IMF projection.

What is the government debt to gdp of Costa Rica in 2025?

The government debt to gdp of Costa Rica in 2025 was 59.66%. This ranks 75th in the world.

Cite this page

APA
Costa Rica Government Debt to GDP. HistorySaid. Retrieved April 1, 2026, from https://historysaid.com/costa-rica/government-debt-to-gdp
BibTeX
@misc{historysaid_costa-rica_government-debt-to-gdp, title = {Costa Rica Government Debt to GDP}, url = {https://historysaid.com/costa-rica/government-debt-to-gdp}, publisher = {HistorySaid}, year = {2026} }