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Exports of Services (BoP, USD) rose 8.90% to USD 16.1 bil in Costa Rica in 2024

Exports of Services (BoP, USD) (USD bil), 2024
Economy | Costa Rica | September 1, 2025
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Exports of services as a part of balance of payment rose 8.90% to USD 16.1 bil in Costa Rica in 2024, according to the National Statistical Office.

Historically, exports of services as a part of balance of payment in Costa Rica reached an all time high of USD 16.1 bil in 2024 and an all time low of USD 0.130 bil in 1977. When compared to Costa Rica's main peers, exports of services as a part of balance of payment in Guatemala amounted to USD 4.67 bil, USD 3.68 bil in Honduras, USD 1.30 bil in Nicaragua and USD 18.3 bil in Panama in 2024.

Costa Rica has been ranked 53rd within the group of 103 countries we follow in terms of exports of services as a part of balance of payment, 12 places above the position seen 10 years ago.

Exports of Services (BoP, USD) Unit 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Belize USD bil 0.620 0.677 0.426 0.621 0.851
Colombia USD bil 10.7 10.7 5.91 8.18 14.0
Costa Rica USD bil 9.75 10.9 7.91 8.78 12.7
El Salvador USD bil 2.83 3.31 2.20 3.10 4.32
Guatemala USD bil 3.71 3.68 2.59 2.88 3.89
Honduras USD bil 2.82 2.98 1.98 2.84 3.36
Mexico USD bil 40.2 44.2 28.5 42.4 52.2
Nicaragua USD bil 1.36 1.37 0.946 1.04 1.56
Panama USD bil 13.5 13.8 8.20 10.7 15.3
USA USD bil 866 891 726 805 949