Costa Rica Foreign Reserves
Total reserves including gold FI.RES.TOTL.CD
Costa Rica's foreign reserves was $16.1B in 2025, ranked 66th globally. This represents a 13.4% increase from 2024. Data from World Bank, covering 1960–2025.
Overview
Costa Rica's foreign reserves stood at $16.1B in 2025, a rise of +$1.9B from 2024. Based on recent trends, this figure is projected to reach $16.1B by 2025. Costa Rica ranked 66th globally.
Costa Rica’s foreign reserves have risen from a modest 13,460,727.60 in 1960 to an all‑time high of 16,080,207,997.14 in 2025, placing the country 66th globally. After a sharp trough of 6,263,920.65 in 1961, the reserve stock grew steadily, reflecting the accumulation of export earnings, remittances and prudent fiscal management. The 2025 level surpasses the early‑1970s benchmark of roughly 2 billion and now exceeds the Dominican Republic’s 15,804,569,317.99 while remaining slightly below Uruguay’s 16,859,470,610.21, indicating Costa Rica’s position among the higher‑reserving economies of the Latin American region. The upward trajectory has been supported by diversification of trade partners, a stable macro‑policy framework and the country’s reputation as a regional hub for services and high‑value agriculture. Continued resilience of external balances, coupled with potential increases in tourism and renewable‑energy exports, could sustain the upward trend, although a sharp external shock or fiscal reversal would be required to alter the current trajectory.
Data & projection
| Year | Foreign Reserves | YoY change | Rank |
|---|---|---|---|
| 2027* trend | $20.1B | - | - |
| 2026* trend | $18.1B | - | - |
| 2025* trend | $16.1B | - | - |
| 2025 | $16.1B | +$1.9B | #66 |
| 2024 | $14.2B | +$952.0M | #69 |
| 2023 | $13.2B | +$4.7B | #72 |
| 2022 | $8.6B | +$1.6B | #78 |
| 2021 | $6.9B | −$310.4M | #88 |
| 2020 | $7.2B | −$1.7B | #87 |
| 2019 | $8.9B | +$1.4B | #72 |
| 2018 | $7.5B | +$351.1M | #78 |
| 2017 | $7.1B | −$424.0M | #80 |
| 2016 | $7.6B | −$260.1M | #73 |
| 2015 | $7.8B | +$622.5M | #71 |
| 2014 | $7.2B | −$119.4M | #78 |
| 2013 | $7.3B | +$474.2M | #77 |
| 2012 | $6.9B | +$2.1B | #79 |
| 2011 | $4.8B | +$128.6M | #85 |
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 foreign reserves improve within 24 months. View full analysis →
Frequently Asked Questions
Costa Rica's foreign reserves was $16.1B in 2025. Ranked 66th globally. This represents a 13.4% increase from the previous year.
Costa Rica's foreign reserves peaked at $16.1B in 2025.
The lowest foreign reserves in Costa Rica was $6.3M in 1961.
Costa Rica ranks 66th globally in foreign reserves as of 2025.
The World Bank indicator code is FI.RES.TOTL.CD. Data sourced from World Bank.
Costa Rica's foreign reserves is projected to reach $16.1B by 2025 based on trend extrapolation.
Costa Rica's foreign reserves was approximately 16.08 billion ($16.1B) in 2025.
The foreign reserves of Costa Rica in 2025 was $16.1B. This ranks 66th in the world.
Cite this page
@misc{historysaid_costa-rica_reserves,
title = {Costa Rica Foreign Reserves},
url = {https://historysaid.com/costa-rica/reserves/},
publisher = {HistorySaid},
year = {2026}
}