The budget balance in relation to the GDP in Costa Rica was forecast to continuously increase between 2024 and 2029 by in total 1.9 percentage points. After the fifth consecutive increasing year, the budget balance is estimated to reach -1.82 percent and therefore a new peak in 2029. The indicator describes the general government net lending/borrowing which is calculated as revenue minus total expenditure. The International Monetary Fund defines the general government expenditure as consisting of total expense and the net acquisition of nonfinancial assets. The general government revenue consists of the revenue from taxes, social contributions, grants receivable, and other revenue.
Find more key insights for the budget balance in relation to the GDP in countries like Belize, Panama, and Honduras.
Costa Rica: Budget balance between 2019 to 2029 in relation to GDP
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IMF. (October 22, 2024). Costa Rica: Budget balance between 2019 to 2029 in relation to GDP [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/443964/costa-rica-budget-balance-in-relation-to-gdp/
IMF. "Costa Rica: Budget balance between 2019 to 2029 in relation to GDP." Chart. October 22, 2024. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/443964/costa-rica-budget-balance-in-relation-to-gdp/
IMF. (2024). Costa Rica: Budget balance between 2019 to 2029 in relation to GDP. Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/443964/costa-rica-budget-balance-in-relation-to-gdp/
IMF. "Costa Rica: Budget Balance between 2019 to 2029 in Relation to Gdp." Statista, Statista Inc., 22 Oct 2024, https://www.statista.com/statistics/443964/costa-rica-budget-balance-in-relation-to-gdp/
IMF, Costa Rica: Budget balance between 2019 to 2029 in relation to GDP Statista, https://www.statista.com/statistics/443964/costa-rica-budget-balance-in-relation-to-gdp/ (last visited December 22, 2024)
Costa Rica: Budget balance between 2019 to 2029 in relation to GDP [Graph], IMF, October 22, 2024. [Online]. Available: https://www.statista.com/statistics/443964/costa-rica-budget-balance-in-relation-to-gdp/