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Economic Development of Central America Econ. 4200 - Spring 2004 – Dr. Taylor - page 138 / 153

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President: Abel Pacheco (2002)

Population (2004 est.): 3,956,507 (growth rate: 1.5%)

Capital and largest city (2003 est.): San José, 1,527,300 (metro. area), 337,200 (city proper)

Monetary unit: Colón

Ethnicity/race: white (including mestizo) 94%, black 3%, Indian 1%, Chinese 1%, other 1%

Economic summary: GDP/PPP (2002 est.): $32 billion; per capita $8,300. Real growth rate: 2.8%. Inflation: 9.1%. Unemployment: 6.3%. Arable land: 4%. Agriculture: coffee, pineapples, bananas, sugar, corn, rice, beans, potatoes; beef; timber. Industries: microprocessors, food processing, textiles and clothing, construction materials, fertilizer, plastic products.

Exports: $5.1 billion (2002): coffee, bananas, sugar; pineapples; textiles, electronic components, medical equipment.

Imports: $6.4 billion (2002): raw materials, consumer goods, capital equipment, petroleum. Major trading partners: U.S., Netherlands, UK, Japan, Mexico.

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