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Is There More VAT Collected in Costa Rica than in Latin America’s Average? OECD Study Shows Gaps

The rate of Value Added Tax (VAT) in Costa Rica is 13%, a figure that all consumers have recorded in their daily lives. However, what really enters the coffers of the Ministry of Finance is just half its potential, which places the country below the Latin American average. This is evidenced by the report Tax Statistics in Latin America and the Caribbean 2026, prepared jointly by the Inter-American Development Bank (IDB), the Inter-American Cente…
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The rate of Value Added Tax (VAT) in Costa Rica is 13%, a figure that all consumers have recorded in their daily lives. However, what really enters the coffers of the Ministry of Finance is just half its potential, which places the country below the Latin American average. This is evidenced by the report Tax Statistics in Latin America and the Caribbean 2026, prepared jointly by the Inter-American Development Bank (IDB), the Inter-American Cente…

·Costa Rica
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elfinancierocr.com broke the news in Costa Rica on Wednesday, May 27, 2026.
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