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Costa
Rica is a Central American success story: since the late 19th century, only two
brief periods of violence have marred its democratic development. Although still
a largely agricultural country, it has expanded its economy to include strong
technology and tourism sectors. The standard of living is relatively high. Land
ownership is widespread.
PEOPLE
Unlike many of their Central American neighbors, present-day Costa Ricans are
largely of European rather than mestizo descent; Spain was the primary country
of origin. However, an estimated 10% to 15% of the population is Nicaraguan, of
fairly recent arrival and primarily of mestizo origin.
HISTORY
In 1502, on his fourth and last voyage to the New World, Christopher Columbus
made the first European landfall in the area. Settlement of Costa Rica began in
1522. For nearly three centuries, Spain administered the region as part of the
Captaincy General of Guatemala under a military governor. The Spanish
optimistically called the country "Rich Coast." Finding little gold or other
valuable minerals in Costa Rica, however, the Spanish turned to agriculture.
ECONOMY
After four years of slow economic growth, the Costa Rican economy grew at a
healthy 5.6% in 2003, with growth estimates exceeding 4% for 2004. Compared with
its Central American neighbors, Costa Rica has achieved a high standard of
living, with a per capita income of about U.S. $4,200, and an unemployment rate
of 6.7%.
U.S.-COSTA RICAN RELATIONS
The United States and Costa Rica have a history of close and friendly relations
based on respect for democratic government, human freedoms, free trade, and
other shared values. The country consistently supports the U.S. in international
fora, especially in the areas of democracy and human rights. Costa Rica joined
the Coalition for the Immediate Disarmament of Iraq, despite significant
domestic opposition, and co-sponsored the Resolution on Cuba at the 60th session
of the UN Commission on Human Rights.
Full country name: Republic of Costa Rica
Area: 51,100 sq km
Population: 4.1 million
People: 96% Spanish descent, 2% African descent, 1% indigenous, 1% Chinese
Language: English, Spanish; Castilian
Religion: 75% Roman Catholic, 14% Protestant
Government: democratic republic
Head of State: President Oscar Arias
GDP: US$32 billion
GDP per capita: US$8,300
Annual Growth: 1%
Inflation: 9.1%
Major Industries: Tourism, electronics, coffee, bananas, sugar, food processing, textiles and clothing, construction materials, fertilizer, plastic products
Major Trading Partners: USA, Germany, Italy, Japan, Guatemala, Mexico |