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Costa Rica Enters the Group of High-Income Countries, According to the World Bank

The World Bank reported on its website that it updated its annual economic mediation, placing the Central American country for the first time in the group of countries... 02.07.2025, Sputnik Mundo
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The World Bank announced on July 1, the reclassification of Costa Rica as a “high income” country, a milestone that positions the national economy alongside nations such as Chile, Canada or Germany. However, this progress takes place in a context of major structural challenges, mainly one of the highest income inequality rates of the OECD.The new categorization of the World Bank is based on the country's per capita Gross National Income (GNI) in…

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The World Bank reported on its website that it updated its annual economic mediation, placing the Central American country for the first time in the group of countries... 02.07.2025, Sputnik Mundo

Costa Rica ascends to a high-income country according to the World Bank after solid economic growth San José, Jul 01 (elmundo.cr) – The World Bank announced on July 1 that Costa Rica has been officially reclassified as a high-income country, leaving behind the middle-high income category in which it has been in for years. This advance is due to sustained and solid economic growth, with an average rate of close to 4.7% in the last three years and…

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El Mundo CR broke the news in on Wednesday, July 2, 2025.
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