Costa Rica 2019

Facing political and economic uncertainty due to the presidential elections and the proposed tax reform, Costa Rica still managed to grow its GDP at 1.8% in 2018. For this year, Costa Rica has sent out messages of confidence to the international investment community through the passing of the tax reform, strengthening the National Concessions Council, and further improving the investment incentives on free zone regimes and special industries. President Alvarado has stated his unwavering belief that foreign investment and the private sector in general should be crucial partners in achieving the economic growth objectives of Costa Rica.

Sneak peek at what's inside:

TBY Analytics reviewed all of the interviews conducted for The Business Year: Costa Rica 2019 and examines trends and sentiment among the country's business leaders.

We asked our IT interviewees about their main focus areas:

  • 36% AI
  • 15% IoT
  • 14% VR
  • 14% Blockchain
  • 7% 5G
  • 7% Cloud
  • 7% Programming


Phenomenal talent, political and economic stability, and a strategic geographic location are some of the reasons why companies choose Costa Rica as a hub for regional operations. We talked to a wide variety of business leaders, including:

  • Ricardo Ramos Yoshino, General Manager, Kimberley Clark
  • José Alvarez, Sales Director & Cluster Lead Central America, Mondeléz International
  • Robert (Trey) Pettibone, Site Director, Procter & Gamble Costa Rica
  • Alejandro Filloy, Country Manager, Amazon


"In terms of taxes, there is a strong message of confidence. This will be reflected in economic stability and confidence, which will attract investors." - Carlos Alvarado Quesada, President, Republic of Costa Rica