Although still a largely agricultural country, it has achieved a relatively high standard of living.
Land ownership is widespread.
Tourism is a rapidly expanding industry. Economy Costa Rica's basically stable economy depends on tourism, agriculture, and electronics exports. Poverty has been substantially reduced over the past 15 years, and a strong social safety net has been put into place. Curbing inflation, reducing the deficit, and improving public sector efficiency remain key challenges to the government. Political resistance to privatization has stalled liberalization efforts.