The Economy of Costa Rica
OECD Membership and Future Challenges
Costa Rica joined the OECD in 2021, signalling its policy standards, and now faces challenges of crime, jobs and productivity.
Looking ahead.
OECD
Membership required reforms in trade, governance and environment.
Crime
Rising drug-related crime has affected security and tourism.
Jobs
Unemployment is relatively high, particularly among women and youth.
Productivity
Raising productivity across small firms is essential.
A security worry
Violent crime prompts calls for policing reform.
Ignoring security in economic plans
Safety affects investment.
Key takeaways
- Costa Rica joined the OECD in 2021.
- Crime is rising.
- Unemployment is high.
- Productivity needs work.
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