In recent decades, the behavior of consumer spending has varied in the country, and in 2018 food-related expenditures represented an average of 32% of total household expenditures, and expenditures associated with transport and communications represented 22%.
The National Institute of Statistics and Censuses presented the results of the 2018 National Household Income and Expenditure Survey, which specifies the main destinations of household spending in the country.
After recording a slowdown in the revenue of companies in the sector in 2018, it is expected that this year in Costa Rica will begin a cycle of better sales and increased investment because of an increase in consumption of services.
During the last year, the revenues of the 152 operators and providers of telecommunications services in the country totaled about $1.422 million, an amount that is similar to that of 2017, since it is only 0.3% higher.
After two consecutive years with falls in revenues, last year the Costa Rican Electricity Institute reported revenue of $1.028 billion, 3% more than in 2016.
The revenues of the telecommunications sector of the Costa Rican Institute of Electricity (ICE) registered an increase last year, which is explained by better performance in the telecommunications wholesalers segment, which corresponds to services coming from the relationship of the ICE with other operators.
Visits by foreigners to undergo medical procedures in Costa Rica last year generated $437 million, 5% more than was registered in 2016.
According to figures from the Central Bank of Costa Rica, medical tourism revenues have shown sustained growth, as in 2015, 2016 and 2017 there were reports of increases in relation to each of the preceding years of 9%, 16% and 5% respectively.
Up to September 2016 tourist activities such as business, medical treatments and traditional tourism generated $3.624 billion, 16% more than the same period in 2015.
While traditional or vacation tourism is still the main source of revenue generated in the tourism sector, with 64% of total revenue up to September 2016, other activities such as medical tourism and business trips are gaining more and more strength.Revenues generated in the segment of medical or wellbeing tourism accounted for 13% of the total, while revenues generated by business tourism accounted for 15%.
Despite what the government has publicized, in-depth analysis of data in the 2016 National Household Survey confirms that welfarism was not the reason for the decline in poverty.
EDITORIAL
Without glossing over concepts that are politically expedient for a government that is in particular need of demonstrating some sort of achievement in its management, Diego Fernandez, Data Scientist at CentralAmericaData.com, thoroughly investigated the complex interplay of factors that determine poverty, confirming what is already known: direct assistance to families works better as a method of political patronage than as a tool for sustainable improvement of their income.
Details from a report given to the Securities and Exchange Commission on the company's activities in the six Central American countries during the first quarter of 2014.
Operating revenues in Central America (Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua, Panama) during the first three months of 2014 increased by 12.1% compared to the first three months of 2013.
Recognized Brazilian company of backhoe loaders, telescopic, articulated and other types of cranes looking for companies interested in representing the brand and distributing their machinery in Central America and Mexico. The company manufactures and sells telescopic,...