Market Intelligence Reports

Global Market Report Q4 2021

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20 Costa Rica 2,071 2,207 1,846 1,997 2,074 Q4 2019 Q2 2020 Q4 2020 Q2 2021 Q4 2021 11.4% 12.5% 22.0% 18.5% 15.3% Q4 2019 Q2 2020 Q4 2020 Q2 2021 Q4 2021 Q4 2021 Total Labor Force (000s) 2,449 Employed Workers (000s) 2,074 Unemployed Workers (000s) 375 Unemployment Rate 15.3% 76% - First Vaccine Dose (December 2021) Covid Update Vaccine mandates for all state workers. Private companies may also require that their employees are vaccinated. 35% 30% 13% 0% 25% 50% 75% Employer Tax Profit Tax VAT Costa Rica Regional Average Other Cost Considerations - Tax Indicative Wages (USD) $1,220 $869 $2.44 $0 $5 $10 $0 $2,500 $5,000 Average Wage Manufacturing Wage Minimum Wage Costa Rica Regional Average Hiring Demand Trend by Experience Level Working Population (in Thousands) Over Time Unemployment Rate Over Time Labor Force Statistics TalentNeuron Inflation is expected to increase. Monthly Hourly Key Sources: https://wageindicator.org/ https://ilostat.ilo.org/ https://www.worldbank.org/ https://tradingeconomics.com/ https://home.kpmg/xx/en/home.html https://taxsummaries.pwc.com/ https://www.inec.cr/empleo

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