Everybody wants to know about the economies and how they are recovering. It turns out as most know the Costa Rican economy is affected without question on how economies in some of the larger countries are doing. Was the Costa Rica economy affected in the last two years? Yes, of course it was but the good news is that it is actually doing relatively well comparatively speaking. Just in the last 11 months which have been dedicated by most nations as recovery time Costa Rica has had signs of economic recovery that have been promising. Tourism and export figures are up, inflation and unemployment rates are down, and foreign direct investment continues to pour in from the U.S. Below is a short exert from the TicoTimes which is Central America's leading English speaking newspaper that talks more about Costa Rica in this time of recovery.

Despite concerns about the expanding deficit and the devaluing U.S. dollar, several economic indicators show that the Costa Rican economy has taken positive steps toward elusive “recovery.” GDP is projected to rise between 3 to 4 percent, consumer prices have risen only 4.36 percent through October, and INEC reports that unemployment fell from 8.4 to 7.3 percent in 2010.

"The 2009 crisis was profound and difficult. The fact that more Costa Ricans found work this year indicates that the economy is doing relatively well,” Ramos said. - TicoTimes Nov. 2010

The recovery obviously relates to the real estate sector here in Costa Rica from many Costa Rican's having the money to invest or you can relate it to more and more tourist coming down and seeing what might be their next vacation home. If your are interested in finding out more about the Costa Rica economy and possible Real Estate Investments then please contact us at info@propertiesincostarica.com.

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