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According to current World bank GDP figures, it is. But more importantly, when will it pull away from the "developing country" category?
Government monopolies that have run the countries energy, telecom., healthcare and insurance sectors the Governments burrocratic & slugish descision making processs have been (among other things) an obstacle. However, the country has now opened up these sectors and is building up a huge list of important free trade agreements (USA, Carribean, South America, Europe, China). This in combination with Costa Rica's highly educated population, 97% literacy rate (huge foreign investment corps. such as Intel, MS & Dome, Boston Scientific, Pfizer, and many others) and investment in science and technology, will pull Costa Rica out of third world (mark my words) no later than 10 years from now. Costa Rica's stable democratic government is slowly transforming economics in to a more dynamic environment. Despite its population size, Costa Rica has huge potential. There is no military and more money is invested in education. During this economic crises big social and infrastructure investment projects have taken place to help activate the economy. Costa Rica will definitely pull away from the pack in the next few years.
That, is a futurist thought.
What else can I help you with?
Which country has the best economy in Central America?
According toaneki.com, The richest country in Central America is Costa Rica, by GDP per capita, at around $12,000 per person.
Which country is not in central America- Venezula Guatemala or Costa Rica?
Venezuela is in South America, Guatemala and Costa Rica is in Central America.
Where is Costa Rica in South America?
Costa Rica is located in Central America, not South America. It is not the smallest country in Central America, either. The smallest country in Central America is El Salvador, and the smallest in South America is Suriname.
Name a country in Central America that speaks Spanish?
Costa Rica is a country in Central America where Spanish is the official language spoken by the majority of the population.
What country in Central America panama next to?
Costa Rica
Does the US own Costa Rica?
No, Costa Rica is its own country. Its located in Central America above Panama.
A country in Central America?
Costa Rica, Guatemala or Panama qualify as such.
Of what country is San Jose the capital?
Costa Rica in Central America.
What is the safest country in Central America?
Costa Rica or Belize
What is the name of the country in central America north of Costa Rica?
Nicaragua.
Is Costa Rica a continent or a state?
Costa Rica is a country on the continent of North America.
To which country does Central America belong to?
Central America is not a country. It is a region of the continent North America. The countries in Central America are Belize, Guatemala, El Salvador, Honduras, Nicaragua, Costa Rica, and Panama.
