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Costa Rica Trade Openness

Trade as % of GDP  NE.TRD.GNFS.ZS

Costa Rica's trade openness was 78.61% in 2025, ranked 103rd globally. This represents a 10.2% increase from 2024. Data from World Bank, covering 1960–2025.

78.61% +7.28% (+10.2%)
Year 2025 Rank #103 Global Peak 92.04% (1998) Source World Bank

Costa Rica Trade Openness (1960–2025)

Overview

Costa Rica's trade openness stood at 78.61% in 2025, a rise of +7.28% from 2024. Based on recent trends, this figure is projected to reach 78.61% by 2025. Costa Rica ranked 103rd globally.

Costa Rica’s trade openness has risen markedly since the early 1960s, climbing from a trough of 45.92 in 1961 to an all‑time peak of 92.04 in 1998, before settling at 78.61 in 2025, which places the country 103rd globally. Over the 66‑year series the indicator shows a sustained upward trajectory, reflecting successive liberalisation measures, the expansion of free‑trade agreements and the growth of export‑oriented sectors such as agriculture and technology services. The 2025 figure of 78.61 is closely aligned with peer economies such as Ukraine (78.50) and Samoa (79.24), underscoring Costa Rica’s integration into global markets relative to similarly sized developing nations. While the post‑1998 decline from the peak suggests a modest rebalancing of trade flows, the long‑run pattern remains one of openness. Continued diversification of export products and deeper participation in regional trade blocs could reinforce this trend, potentially pushing the openness index above the current level in the coming decade.

Data & projection

Year Trade Openness YoY change Rank
2027* trend 83.43% - -
2026* trend 81.02% - -
2025* trend 78.61% - -
2025 78.61% +7.28% #103
2024 71.33% −1.14% #68
2023 72.47% −9.76% #70
2022 82.23% +11.45% #80
2021 70.78% +10.64% #76
2020 60.14% −5.62% #71
2019 65.76% −1.18% #66
2018 66.95% +1.87% #69
2017 65.07% +2.89% #67
2016 62.18% +1.42% #66
2015 60.75% −4.44% #63
2014 65.19% +1.12% #63
2013 64.07% −2.98% #62
2012 67.05% −1.59% #60
2011 68.64% +1.13% #61
Show all years (1960-2025)
* 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 trade openness improve within 24 months. View full analysis →

Frequently Asked Questions

What is Costa Rica's trade openness?▾

Costa Rica's trade openness was 78.61% in 2025. Ranked 103rd globally. This represents a 10.2% increase from the previous year.

What was the highest trade openness in Costa Rica?▾

Costa Rica's trade openness peaked at 92.04% in 1998.

What was the lowest trade openness in Costa Rica?▾

The lowest trade openness in Costa Rica was 45.92% in 1961.

How does Costa Rica rank in trade openness?▾

Costa Rica ranks 103rd globally in trade openness as of 2025.

What is the World Bank indicator code for trade openness?▾

The World Bank indicator code is NE.TRD.GNFS.ZS. Data sourced from World Bank.

What is the projected trade openness of Costa Rica in 2025?▾

Costa Rica's trade openness is projected to reach 78.61% by 2025 based on trend extrapolation.

What is the trade openness of Costa Rica in 2025?▾

The trade openness of Costa Rica in 2025 was 78.61%. This ranks 103rd in the world.

Cite this page

APA
Costa Rica Trade Openness. HistorySaid. Retrieved October 19, 2026, from https://historysaid.com/costa-rica/trade-openness/
BibTeX
@misc{historysaid_costa-rica_trade-openness, title = {Costa Rica Trade Openness}, url = {https://historysaid.com/costa-rica/trade-openness/}, publisher = {HistorySaid}, year = {2026} }
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