According to the Greenfield Foreign Direct Investment (FDI) Performance Index developed by fDi Intelligence, Costa Rica stands out as a global leader in attracting this model in proportion to its economy.
Previously Costa Rica has been recognized as one of the Central American countries with the highest income from Foreign Direct Investment. Between 1990 and 2016, the country achieved a notable 4.3% of its GDP from FDI, ranking second in the region, just behind Panama, which reached 6.2% of GDP in FDI income.
Costa Rica is considered an attractive global investment destination. In fact, it has been chosen as the third-best country to invest in, surpassed only by Uruguay and Saudi Arabia in the global ranking.
The investment climate in Costa Rica has been highlighted for its political stability, which has contributed to creating a favorable business environment. Additionally, the country’s entry into the Organization for Economic Cooperation and Development (OECD) in May 2020 has improved its competitiveness and reinforced its appeal as an investment destination for foreign investors.
The availability of skilled human talent in Costa Rica is another key factor that makes it an attractive country for business to operate. The presence of a qualified workforce in various fields has been recognized by companies seeking to establish themselves in the region.
Likewise, the country’s commitment to sustainable development in its quest to improve the quality of life for its citizens has also been valued by some companies considering investing in Costa Rica.
Regarding the type of investment attracted, we stand out as a destination for medium and high-tech investments, encompassing corporate and digital services as well as technological manufacturing.
This focus has led the country to become a leader in exports of information and communication technology (ICT) services and the second-largest exporter of medical devices in Latin America.
Costa Rica remains an attractive destination for foreign direct investment thanks to its competitive advantages.