Political parties and leaders: National Liberation Party (PLN),
Rolando ARAYA; Social Christian Unity Party (PUSC), Rafael Angel
CALDERON Fournier; Marxist Popular Vanguard Party (PVP), Humberto
VARGAS Carbonell; New Republic Movement (MNR), Sergio Erick ARDON
Ramirez; People's Party of Costa Rica (PPC), Lenin CHACON Vargas;
Radical Democratic Party (PRD), Juan Jose ECHEVERRIA Brealey;
Democratic Force Party (FD), Isaac Felipe AZOFEIFA Bolanos
Other political or pressure groups: Costa Rican Confederation of
Democratic Workers (CCTD), Liberation Party affiliate; Confederated
Union of Workers (CUT), Communist Party affiliate; Authentic
Confederation of Democratic Workers (CATD), Communist Party
affiliate; Chamber of Coffee Growers; National Association for
Economic Development (ANFE); Free Costa Rica Movement (MCRL),
rightwing militants; National Association of Educators (ANDE);
Federation of Public Service Workers (FTSP)
International organization participation: AG (observer), BCIE,
CACM, ECLAC, FAO, G-77, IADB, IAEA, IBRD, ICAO, ICFTU, ICRM, IDA,
IFAD, IFC, IFRCS, ILO, IMF, IMO, Intelsat, Interpol, IOC, IOM, ITU,
LAES, LAIA (observer), NAM (observer), OAS, OPANAL, UN, UNCTAD,
UNESCO, UNIDO, UNU, UPU, WCL, WFTU, WHO, WIPO, WMO, WTrO
Diplomatic representation in US: chief of mission: Ambassador Sonia PICADO chancery: 2114 S Street NW, Washington, DC 20008 telephone: [1] (202) 234-2945 FAX: [1] (202) 265-4795 consulate(s) general: Albuquerque, Atlanta, Chicago, Durham, Houston, Los Angeles, Miami, New Orleans, New York, Philadelphia, San Antonio, San Diego, San Francisco, and San Juan (Puerto Rico) consulate(s): Austin
US diplomatic representation: chief of mission: Ambassador Peter Jon DE VOS embassy: Pavas Road, San Jose mailing address: APO AA 34020 telephone: [506] 220-3939 FAX: [506] 220-2305
Flag: five horizontal bands of blue (top), white, red (double width), white, and blue, with the coat of arms in a white disk on the hoist side of the red band
Economy ———-
Economic overview: Costa Rica's basically stable and progressive economy depends especially on tourism and the export of bananas, coffee, and other agricultural products. Recent trends have been disappointing. Economic growth slipped from 4.3% in 1994 to 2.5% in 1995, the lowest rate of growth since 1991's 2.1%. Inflation rose dramatically to 22.5% from 13.5% in 1994, well above the government's own projection of 18%. Unemployment rose from 4.0% in 1994 to 5.2% in 1995, and substantial underemployment continues. These economic woes are likely to be exacerbated in 1996 by a standby arrangement reached with the IMF on 29 November 1995. To restore fiscal balance, the government agreed to curb inflation, reduce the fiscal deficit, increase domestic savings, and improve public sector efficiency while increasing the role of the private sector. Costa Rica signed a free trade agreement with Mexico in 1994.
GDP: purchasing power parity - $18.4 billion (1995 est.)
GDP real growth rate: 2.5% (1995 est.)