Costa Rica

The economy experienced robust GDP growth of 5.112% in 2023, yet maintained an extremely low inflation rate of just 0.525%. This combination suggests effective monetary policy management and stable economic conditions, preventing overheating despite rapid expansion.

Costa Rica has achieved 100% access to electricity, a critical indicator of development and infrastructure success. This near-universal coverage supports its high urbanization rate (78.882%) and ensures that the benefits of economic growth are widely distributed regarding basic utilities.

Over 60% of Costa Rica's land area is covered by forests (60.399%). This high percentage is a result of decades of successful conservation efforts and reforestation programs, contrasting sharply with global trends of deforestation and highlighting its commitment to eco-tourism and biodiversity preservation.

Costa Rica boasts a life expectancy of 80.80 years. This figure is comparable to countries like the US or many Western European nations and is a testament to the country's long-standing commitment to universal healthcare and social welfare, despite not being classified as a high-income country.