Yes, Costa Rica is located within the "Ring of Fire," a region of the world characterized by a high level of seismic and volcanic activity. The Ring of Fire is a horseshoe-shaped belt that encircles the Pacific Ocean and is home to many of the world's most active volcanoes and earthquakes. It is called the "Ring of Fire" because of the region's frequent volcanic eruptions and earthquakes. The Ring of Fire results from the movement of the earth's tectonic plates, which often collide and cause earthquakes and volcanic eruptions.