Costa Rica News – The Legatum Prosperity Index 2016 ranked Costa Rica in the top five Latin America’s most prosperous countries.
Although Costa Rica achieved the second highest ranking Latin America, this can easily mislead one into thinking Costa Rica is, by nature, prosperous, says the country report overview.
In Latin America, Uruguay is the most prosperous, Chile is 3rd, followed by Panama in 4th place and Argentina fifth.
According to the report, Costa Rica has achieved the largest improvement in Business Environment in the region, as well as one of the highest export qualities and among the most competitive regulatory environment. It would seem that the country is well placed to challenge its much larger South American counterparts. However, these improvements mask a relatively static, and in some