24
November, 2020
Costa Rica
Global:
41
Availability:
36
Cost:
66
Regulation:
35
Productivity:
19
2020 Global TWI Ranking (out of 76) 2020 Regional TWI Ranking (out of 21)
Region:
6
Availability:
4
Cost:
20
Regulation:
6
Productivity:
5
Remote
Readiness
5
Remote
Readiness
37
The cost of Costa Rica's measures to limit the risks of Covid-19 are approximately $0.9 billion USD.
• Changes to social security contributions system
• Monthly payments for 3 months for households impacted by Covid-19.
• Businesses have been able to delay tax payments
https://www.imf.org/en/Topics/imf-and-Covid-19/Policy-Responses-to-COVID-19
Costa Rican air borders are open. A medical
insurance policy that covers Covid-19 is
required for entry to the country and additional
paperwork must be submitted before the flight.
Land border crossings are only available for
temporary or permanent residents.
Essential services are open. Face masks must
be worn in all public settings.
1.4%
4.5%
0%
20%
Costa Rica Regional Ave.
%
of
GDP
Costa Rica
Q4 2019* Q4 2020*
% Change
YOY
Total Workforce
2.34M 2.37M +1.2%
Unemployment Rate (%) 11.4% 22.0% +93%
Unemployed Workers 267K 521K +95%
Manpower 2020 Total Workforce Index
Workforce Statistics
Covid-19 Situation
Covid-19 Government Spend as % of GDP Border Closures and Restrictions
Additional Government Spending and Foregone Revenue to September 2020
Covid-19 Confirmed Cases and Deaths Reported to WHO (on a weekly basis)
*Reported figures at Q4 each year
https://covid19.who.int/
https://www.imf.org/en/Topics/imf-and-covid19/Fiscal-Policies-Database-in-
Response-to-COVID-19
Other Sources:
https://data.worldbank.org/
https://ilostat.ilo.org/
https://home.kpmg/xx/en/home/insights/
https://www.gov.uk/foreign-travel-advice
United States Embassy
https://tradingeconomics.com/
https://www.inec.cr/empleo
