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Costa Rica Tax Revenue

Tax revenue as % of GDP  GC.TAX.TOTL.GD.ZS

Costa Rica's tax revenue was 14.89% in 2025, ranked 72nd globally. This represents a 7.1% increase from 2024. Data from World Bank, covering 1972–2025.

14.89% +0.98% (+7.1%)
Year 2025 Rank #72 Global Peak 15.23% (2008) Source World Bank

Costa Rica Tax Revenue (1972–2025)

Overview

Costa Rica's tax revenue stood at 14.89% in 2025, a rise of +0.98% from 2023. Based on recent trends, this figure is projected to reach 14.89% by 2025. Costa Rica ranked 72nd globally.

Costa Rica’s tax revenue as a share of GDP has risen modestly since the early 1970s, moving from 11.44 in 1972 to 14.89 in 2025, placing the country 72nd globally. The upward trajectory accelerated after the early‑1990s trough of 10.59 in 1991, reaching an all‑time peak of 15.23 in 2008 before settling at a slightly lower level in the mid‑2020s. Over the 53‑year series, the average increase of roughly 0.07 points per year reflects gradual fiscal consolidation amid expanding public services and a diversified export base. Compared with peers of similar ranking, Costa Rica’s tax effort is marginally below the Dominican Republic’s 15.36 and Thailand’s 15.39, yet exceeds Andorra’s 14.77 and the Bahamas’ 14.67, suggesting room for improvement relative to regional benchmarks. Continued reforms to broaden the tax base and improve collection efficiency could sustain the modest upward trend and potentially lift the ratio closer to the higher‑performing peers in the coming decade.

Data & projection

Year Tax Revenue YoY change Rank
2026* trend 15.22% - -
2025* trend 14.89% - -
2025 14.89% +0.98% #72
2023 13.91% −0.44% #28
2022 14.35% +0.31% #39
2021 14.04% +1.80% #49
2020 12.24% −1.08% #36
2019 13.32% +0.14% #42
2018 13.18% −0.06% #45
2017 13.24% −0.27% #50
2016 13.51% +0.26% #49
2015 13.25% +0.21% #48
2014 13.05% −0.37% #43
2013 13.42% +0.31% #42
2012 13.11% −0.10% #39
2011 13.21% +0.26% #41
2010 12.95% −0.23% #41
Show all years (1972-2025)
* Linear trend extrapolation

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 tax revenue improve within 24 months. View full analysis →

Frequently Asked Questions

What is Costa Rica's tax revenue?▾

Costa Rica's tax revenue was 14.89% in 2025. Ranked 72nd globally. This represents a 7.1% increase from the previous year.

What was the highest tax revenue in Costa Rica?▾

Costa Rica's tax revenue peaked at 15.23% in 2008.

What was the lowest tax revenue in Costa Rica?▾

The lowest tax revenue in Costa Rica was 10.59% in 1991.

How does Costa Rica rank in tax revenue?▾

Costa Rica ranks 72nd globally in tax revenue as of 2025.

What is the World Bank indicator code for tax revenue?▾

The World Bank indicator code is GC.TAX.TOTL.GD.ZS. Data sourced from World Bank.

What is the projected tax revenue of Costa Rica in 2025?▾

Costa Rica's tax revenue is projected to reach 14.89% by 2025 based on trend extrapolation.

What is the tax revenue of Costa Rica in 2025?▾

The tax revenue of Costa Rica in 2025 was 14.89%. This ranks 72nd in the world.

Cite this page

APA
Costa Rica Tax Revenue. HistorySaid. Retrieved October 21, 2026, from https://historysaid.com/costa-rica/tax-revenue/
BibTeX
@misc{historysaid_costa-rica_tax-revenue, title = {Costa Rica Tax Revenue}, url = {https://historysaid.com/costa-rica/tax-revenue/}, publisher = {HistorySaid}, year = {2026} }
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