TOOL · GROSS COST

How much would a basic income cost in Costa Rica?

Calculate the gross annual cost of paying a monthly amount to the country’s adult and child population.

Adult population 4,118,577child population 986,948year 2023World Bank WDI

GROSS ANNUAL COST

44,276 million

in CRCCRC 44,275,689,600

Equal to 0.1% of reference GDP

Population covered: 5,105,525 people

Adults: 4,118,577 × CRC 800 × 12 = CRC 39,538,339,200

Children: 986,948 × CRC 400 × 12 = CRC 4,737,350,400

CRC 39,538,339,200 + CRC 4,737,350,400 = CRC 44,275,689,600

Offset benefits, recovered tax, administrative savings and later economic effects are not deducted. This is a gross cost, not a net cost.

Sources and method

Population 2023 · World Bank WDI

GDP 2023 · $87,512,637,056 · World Bank WDI

Currency CRC · exchange rate 544.0508 CRC/USD (2023)

Converted cost $81,381,539 for the GDP share.