Technology Services: $3.3 billion in Exports

In 2016, Costa Rica registered just over $3.3 billion in exports of services through means of technology, information and communication networks.

Tuesday, May 15, 2018

Of the total value exported, 88% corresponds to large companies, although there is also a significant participation of micro-enterprises (7%).  The remaining 5% is shared between medium and small companies. 

Regarding the destination of exports, 60% goes to the United States of America, 13% to Europe, and 12% to Central America. 

From a statement issued by the Central Bank of Costa Rica:

San José, May 14, 2018. Study measured exports of Information and Communication Technology (ICT) services, which correspond to a variety of tools and programs used to process, manage and share information (among others, telecommunications, software, licenses and research). 

In 2016, Costa Rica made sales abroad through ICT networks worth USD 3,310 million, equivalent to 5.8% of GDP. 

Costa Rica recently became the first country in the world to quantify and characterize exports of services provided through technology, information and communication networks (ICT), one of the most relevant and growing economic activities in recent years. 

Read full report (in Spanish).

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