Diplomatic representation in the US: chief of mission: Ambassador Tomas DUENAS consulate(s): Austin consulate(s) general: Atlanta, Chicago, Denver, Durham (North Carolina), Houston, Los Angeles, Miami, New Orleans, New York, Phoenix, San Antonio, San Francisco, St. Paul, and Tampa FAX: [1] (202) 265-4795 telephone: [1] (202) 234-2945 chancery: 2114 S Street NW, Washington, DC 20008
Diplomatic representation from the US:
chief of mission: Ambassador (vacant); Charge d'Affaires Douglas M.
BARNES
embassy: Calle 120 Avenida O, Pavas, San Jose
mailing address: APO AA 34020
telephone: [506] 220-3939
FAX: [506] 519-2305
Flag description:
five horizontal bands of blue (top), white, red (double width),
white, and blue, with the coat of arms in a white elliptical disk on
the hoist side of the red band; above the coat of arms a light blue
ribbon contains the words, AMERICA CENTRAL, and just below it near
the top of the coat of arms is a white ribbon with the words,
REPUBLICA COSTA RICA
Economy Costa Rica
Economy - overview:
Costa Rica's basically stable economy depends on tourism,
agriculture, and electronics exports. Poverty has been substantially
reduced over the past 15 years, and a strong social safety net has
been put into place. Foreign investors remain attracted by the
country's political stability and high education levels, and tourism
continues to bring in foreign exchange. Low prices for coffee and
bananas have hurt the agricultural sector. The government continues
to grapple with its large deficit and massive internal debt. The
reduction of inflation remains a difficult problem because of rises
in the price of imports, labor market rigidities, and fiscal
deficits. Costa Rica recently concluded negotiations to participate
in the US - Central American Free Trade Agreement, which, if
ratified by the Costa Rican Legislature, would result in economic
reforms and an improved investment climate.
GDP:
purchasing power parity - $35.34 billion (2003 est.)
GDP - real growth rate:
5.6% (2003 est.)
GDP - per capita:
purchasing power parity - $9,100 (2003 est.)
GDP - composition by sector: agriculture: 8.5% industry: 29.4% services: 62.1% (2003 est.)
Investment (gross fixed):
20.2% of GDP (2003)