Costa Rica’s Macroeconomic and Automotive Industry Prospects, 2017–2021

Expected GDP Growth of about 4% Until 2021; Share of New Motor Vehicle Imports to Grow from 68.6% in 2016 to 72.5% by 2021

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This study explores the macroeconomic and automotive outlook for Costa Rica, covering topics such as GDP, monetary policy, national development plans, trade and investment conditions, vehicle import trends and automotive industry developments.Costa Rica is anticipated to achieve robust growth of about 4.0% until 2021, with higher interest rates being a key restraint to growth. Rising fiscal deficits and public debt are a key challenge that the government faces, because of which immediate fiscal consolidation measures are the need of the hour. The government has drawn up the detailed National Development Plan 2015-2018 to track progress across areas such as economic growth and job generation, poverty and inequal

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Costa Rica’s Macroeconomic and Automotive Industry Prospects, 2017–2021Costa Rica's Macroeconomic and Industry ProspectsGrowth Insight




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