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Costa Rica, Economy

economic diversity, loans, expenditures, manufacturing industries, grants

The economy of Costa Rica remains basically agricultural, although manufacturing industries have been expanding since the early 1960s. In an effort to introduce economic diversity, more emphasis has been given to the raising of livestock. Overall living conditions are high by Latin American standards, and the country has a large middle class. Between 1970 and 1987, Costa Rica received about $1.2 billion in loans and grants from the United States. In 1999 annual budget figures showed revenues of $ 3.1 billion and expenditures of $ 3.4 billion.

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economic diversity, loans, expenditures, manufacturing industries, grants, emphasis, revenues, United States, effort, country

 
 

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