Costa Rica: Investment Confidence Index Drops

According to the first quarterly survey of 2009 conducted by the Central Bank, 81.8% of respondents said that this is a bad time to invest.

Monday, April 27, 2009

The survey was conducted between January 28 and February 11 among consultants, entrepreneurs, and financial and stock analysts and showed a higher percentage than the 79.4% observed during the previous quarter.

Mary Siu Lanzas wrote in "On this question, the percentage of those who were unsure decreased with respect to the previous application, going from 20.6% in the fourth quarter of 2008 to 18.2 % in the first quarter of 2009. Of the 81.8% of respondents who believe that the situation is not favorable, 57.6% justified his/her response with the fact that the global economic crisis will contract both external and internal demand, 24.2% attributed it to a scenario of uncertainty and 15% pointed to insufficient credit. Only 6% blamed the policies of the BCCR.”

More on this topic

Costa Rica: Business Confidence Down 10%

May 2014

The business confidence index calculated by the "Business Pulse" survey reached its lowest level in the last two years, with negativity being felt in the services and construction sectors in particular.

From a press release issued by the Costa Rican Union of Chambers and Associations of Private Enterprises (Uccaep):

Little Optimism Among Costa Rican Businessmen

December 2009

Companies remain cautious on a potential economic recovery.

The Business Confidence Index stands at 3.65, out of a maximum of 10. It is elaborated by Uccaep, the union of business chambers of Costa Rica.

"The indicator shows that corporate expectations are worse than the last quarter of 2008, when the Index recorded 6.04 points", reports

Costa Rica: Index of Business Confidence Drops 26%

February 2009

The study is related to the quarterly survey "Business Pulse" by the Costa Rican Union of Chambers and Associations of the Private Business Sector.

El Financiero, in its website, publishes: "The consumer confidence [index] measures the expectations for the first quarter of the year (January, February, and March).

Costa Rica: Level of confidence in the economy by businesses drops

August 2008

Inflationary pressures, increases in the exchange rate, credit restrictions and higher energy prices are a few of the causes.

Although the majority of Costa Rican businessmen continue to be optimistic about the direction the country is heading, the quarterly poll "Pulso Empresarial" - or Business Pulse in English - showed a 10% drop in the confidence level in comparison to previous polls.

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