Costa Rica

Country indicators

GDP per capita - gross domestic product divided by midyear population. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. (Source: World Bank)

GDP per capita
(USD):

9,619.72

Fossil fuel subsidies (USD, billions) - All consumer and producer pre-tax subsidies. Pre-tax consumer subsidies exist when energy consumers pay prices that are below the costs incurred to supply them with this energy. (Source: IMF)

Fossil fuel subsidies (USD, billions):

n/a

Fossil Fuel Subsidies as % of GDP - All consumer and producer pre-tax subsidies as percent of a country’s GDP. (Source: IMF)

Fossil fuel subsidies
(% of GDP):

n/a

Fossil Fuel Subsidies with externalities as % of GDP - All consumer and producer post-tax subsidies. Post-tax consumer subsidies exist if consumer prices for energy are below supply costs plus the efficient levels of taxation. (Source: IMF)

Fossil fuel subsidies with externalities (% of GDP):

2.74

Revenue from environmentally related taxes as % of GDP - All revenue from environmentally related taxes - defined as any compulsory, unrequited payment to general government levied on tax-bases deemed to be of particular environmental relevance – as percent of a country’s GDP. (Source: OECD)

Revenue from environmentally related taxes (% of GDP):

2.39

Carbon pricing gap - Measure of how much countries fall short of pricing carbon emissions in line with a EUR 60 benchmark value (midpoint estimate of the carbon costs in 2020 and a low-end estimate for 2030). The difference is presented as percentage: If the Effective Carbon Rate (ECR) on all emissions is at least as high as the benchmark, the gap is zero, and if the ECR is zero throughout, the gap is 100%. (Source: OECD)

Carbon Pricing Gap
(%):

n/a

News

Denmark, Costa Rica seek alliance to speed up the end of oil and gas

2021-08-27

Denmark and Costa Rica are trying to forge an alliance of countries willing to fix a date to phase out oil and gas production and to stop giving permits for new exploration, government ministers said and documents showed.

Fiscal policies against climate change can help create 15 million jobs — IDB

2021-07-19

The Inter-American Development Bank (IDB) is recommending that finance and planning ministries in Latin American and the Caribbean (LAC) consider fiscal policies to accelerate the transition to green economies and pave the way for the region to meet decarbonisation goals.

Just Launched: COVID-19 Recovery Tracker for Latin America and the Caribbean

2021-06-11

This tool tracks COVID-19 related fiscal spending policies announced by the 33 Latin America and Caribbean countries, updated every week. The LAC Recovery Tracker brings transparency to regional government spending

Reports

Política Fiscal y Cambio Climático: Experiencias Recientes de los Ministerios de Finanzas de América Latina y el Caribe (IDB)

2021-07-19

Finance and planning ministries play a central role in promoting fiscal policies that generate more and better jobs with the transition to green economies. Adequate fiscal planning would help the decarbonization of the region’s economies create 15 million net new jobs by 2030.

Policy Briefs

Costa Rica – Country profile

2019-09-23

Background Costa Rica boasts a high standard of living, a well-developed system of social benefits and the lowest poverty rates in Latin America and the Caribbean. With a population of

Costa Rica

Country indicators

News

Denmark, Costa Rica seek alliance to speed up the end of oil and gas

Fiscal policies against climate change can help create 15 million jobs — IDB

Just Launched: COVID-19 Recovery Tracker for Latin America and the Caribbean

Reports

Política Fiscal y Cambio Climático: Experiencias Recientes de los Ministerios de Finanzas de América Latina y el Caribe (IDB)

Policy Briefs

Costa Rica – Country profile

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