Costa Rica's economy will contract 1.8
percent in 2009, hit by the recession in its
main trading partner the United States, the
Banco Central de Costa Rica (BCCR) - Central
Bank - said on Thursday.
Costa Rica was forecast to grow 2.2 percent
this year but BCCR President Francisco de
Paula Gutierrez told reporters the impact of
the U.S. downturn was now deeper than
expected.
Politically stable Costa Rica, part of the
U.S.-Central America free-trade area,
depends mainly on tourism, bananas and
electronic exports.
2002 - 2009
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