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Costa Rica, Panama, Belize and Nicaragua real estate news

Costa Rica, vacation and warm-climate real estate destinations are featured here. We will post information regarding Costa Rica, Panama, Nicaragua, Belize, Roatan, Caribbean, Bahamas, etc. My primary focus is Costa Rica but I'm open to working with others to post here as well. The affordability of purchasing in Costa Rica, Belize, Panama and elsewhere is becoming more popular throughout the world.

Costa Rica Growth and Economy

The International Monetary Fund (IMF) considers that the output of Costa Rica will grow a little more this year than what the Central Bank had forecast. It also believes that inflation will be a little less than expected. In the World Economic Outlook recently published, the IMF expects a growth of the Gross Domestic Product of 4 percent in the year 2008, more than the 3.3 percent estimated by the Central Bank. Costa Rican growth is very close to the 3.9 percent expected for the world this year. Last year it was 5 percent. Regarding inflation, the Fund foresees 13 percent as the figure for 2008. According to the Central Bank, it will be 14.2 percent. This year’s first three quarters, inflation reached 11.83 percent. For next year, both the Fund and the Bank agree that inflation will be 9 percent.
Published Friday, October 17, 2008 4:50 PM by Nick Halverson

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