Published on Tuesday, April 7, 2026
By the A.M. Costa Rica staff

Costa Rica exceeded $5.12 billion in foreign direct investment (FDI) inflows in 2025, according to data from the Central Bank of Costa Rica.

The figure represents an increase of $120 million compared with 2024, when the country recorded $5 billion in FDI.

“Foreign direct investment globally is undergoing a reconfiguration in an increasingly complex international environment, and Costa Rica is not immune to these changes,” said Manuel Tovar, Minister of Foreign Trade. “However, what stands out is that the country is not only sustaining historically high levels of FDI, but continues to grow and attract new projects that are increasingly diverse and with a greater presence outside the Greater Metropolitan Area.”

Tovar said the 2025 results confirm that Costa Rica maintains strong economic fundamentals and investor confidence.

 

“Companies continue to trust the country, as evidenced by reinvestments,  and our value proposition remains competitive even in the most demanding scenarios,” he said.

The report shows reinvestments rose 26%, reaching $4.3 billion. The United States remained the largest source of investment, accounting for 54.8% of total inflows, followed by Switzerland (19.7%), Mexico (4.7%) and Colombia (3.7%).

Of the 55 new companies that invested in Costa Rica in 2024, 29 were from the United States, the report said.

Major investments include global medical device firms such as Insulet, which is expected to make one of the largest investments ever recorded by a multinational in Costa Rica.

Other companies announcing investments include Boston Scientific, Zimmer Biomet, Johnson & Johnson, Thermo Fisher Scientific, Trelleborg, Cretex Medical, Medtronic, Mozarc Medical and Penumbra, among others.

More recently, U.S.-based medical technology manufacturer Solesis announced plans to open a new manufacturing facility in Costa Rica, expanding its global production capacity.

Free trade zone companies accounted for 66.4% of total FDI inflows. Other contributions came from firms operating under the definitive regime (15.2%), tourism (7.5%), real estate (6.9%), the financial sector (3.1%) and inward processing (1.0%).

By sector, manufacturing continued to expand, reaching $3.8 billion, a 7.1% increase driven by reinvestments in medical device companies.

Growth was also recorded in agriculture (107.3%), financial services (34.7%) and real estate (20.2%).

However, declines were observed in commerce, as well as in tourism, services and agribusiness. The services sector fell 34.4%, continuing a downward trend seen in recent years, including declines of 3% in 2023 and 54% in 2024.

Costa Rica’s exports reached a record of more than $22.8 billion in 2025, marking a 14% increase compared with 2024. It is the first time the country has surpassed $20 billion in annual exports.

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