Skip to Content Facebook Feature Image

Costa Rica Turns Its Reputation into Global Business Opportunities

Business

Costa Rica Turns Its Reputation into Global Business Opportunities
Business

Business

Costa Rica Turns Its Reputation into Global Business Opportunities

2026-09-07 20:00 Last Updated At:20:15

  • RepCore® Nations 2026 ranks Costa Rica 2.3 points above the average score of the world's 60 largest economies.
  • SAN JOSÉ, Costa Rica, Sept. 7, 2026 /PRNewswire/ -- Coffee, bananas and biodiversity were among the first to put Costa Rica on the global map. Today, while they remain an essential part of the country's identity, they tell only part of its story. In 2025, medical devices became Costa Rica's leading export, reaching US$10.927 billion in sales—an increase of 25%—and positioning the country as the largest per capita exporter of medical devices in the Americas. Companies in Costa Rica develop and manufacture high-value technologies that serve sophisticated healthcare systems and patients around the world.

    This evolution of Costa Rica's value proposition offers a compelling answer for companies in Asia and the Middle East seeking to diversify their value chains and expand across the Americas: a country that combines specialized talent, legal certainty, sustainability, innovation and preferential access to more than 50 markets.

    "In international business, reputation opens doors, but trust is built through consistency between what a country stands for and what it actually delivers. Costa Rica has built a country brand backed by tangible strengths in talent, innovation, sustainability and a secure business environment. It is this consistency that allows us to present ourselves to the world as a trusted, long-term partner," said Adriana Acosta, Country Brand Director for essential COSTA RICA.

    The strength of this positioning was recently confirmed by RepCore® Nations 2026, a Reputation Lab study that examines the admiration, respect and trust that countries inspire among the general public in G7 economies.

    Costa Rica scored 2.3 points above the average of the 60 largest economies analyzed. Compared with six leading Latin American economies—Brazil, Mexico, Argentina, Chile, Colombia and Peru—Costa Rica outperformed their average in 21 of the 22 attributes assessed by the RepCore® model.

    The country is recognized primarily for its sustainability, quality of life, environmental stewardship, stability, safety, respect for human rights, ethics and responsibility. These attributes also create economic value: Reputation Lab's historical analyses associate a one-point increase in a country's reputation score with average growth of 1% in foreign direct investment flows.

    From Reputation to Productive Capacity

    The evolution of Costa Rica's medical device industry demonstrates how these attributes translate into business opportunities. The country is home to more than 100 companies in the sector, including 13 of the world's 25 largest medical device companies, and the industry supports more than 63,000 direct jobs, consolidating Costa Rica's position as a leading hub for the sector.

    Costa Rica has expanded from manufacturing processes into increasingly sophisticated activities involving engineering, automation, research, development and innovation. This expertise extends to other industries, including advanced manufacturing, knowledge-intensive services, digital technologies and agribusiness.

    More than 1,000 multinational companies from 67 markets currently operate in Costa Rica. In 2025, more than 80% of the country's FDI inflows came from reinvestments, underscoring the confidence that companies place in Costa Rica's specialized talent, local suppliers and institutional framework, which supports their continued growth.

    Sustainability is also embedded in the country's operating capabilities. In 2025, Costa Rica generated 98.6% of its electricity from renewable sources, including hydropower, geothermal, wind, biomass and solar energy. For companies, this means being able to advance their environmental and decarbonization goals through a clean energy matrix without compromising the continuity or sophistication of their operations.

    Sustainability therefore extends beyond being a reputational attribute: it becomes a tangible advantage for producing, innovating and competing globally.

    Human talent completes this value proposition. Costa Rica offers strong capabilities in engineering, life sciences, digital technologies, business services and multilingual skills. This foundation is reinforced by a training strategy aligned with companies' needs, through which PROCOMER advances programs focused on high-demand skills.

    The country also provides legal certainty, institutional stability, membership in the Organisation for Economic Co-operation and Development (OECD), and a network of 18 trade agreements that offers preferential access to more than 50 markets.

    "For a company from Asia or the Middle East looking to expand across the Americas, Costa Rica offers far more than a strategic location. It offers a partner with the talent, stability, sustainability and experience required to develop high-value global operations. Our goal is not simply to attract more companies to the country, but to ensure they find the right conditions to innovate, grow and build long-term relationships," Acosta concluded.

     

SAN JOSÉ, Costa Rica, Sept. 7, 2026 /PRNewswire/ -- Coffee, bananas and biodiversity were among the first to put Costa Rica on the global map. Today, while they remain an essential part of the country's identity, they tell only part of its story. In 2025, medical devices became Costa Rica's leading export, reaching US$10.927 billion in sales—an increase of 25%—and positioning the country as the largest per capita exporter of medical devices in the Americas. Companies in Costa Rica develop and manufacture high-value technologies that serve sophisticated healthcare systems and patients around the world.

This evolution of Costa Rica's value proposition offers a compelling answer for companies in Asia and the Middle East seeking to diversify their value chains and expand across the Americas: a country that combines specialized talent, legal certainty, sustainability, innovation and preferential access to more than 50 markets.

"In international business, reputation opens doors, but trust is built through consistency between what a country stands for and what it actually delivers. Costa Rica has built a country brand backed by tangible strengths in talent, innovation, sustainability and a secure business environment. It is this consistency that allows us to present ourselves to the world as a trusted, long-term partner," said Adriana Acosta, Country Brand Director for essential COSTA RICA.

The strength of this positioning was recently confirmed by RepCore® Nations 2026, a Reputation Lab study that examines the admiration, respect and trust that countries inspire among the general public in G7 economies.

Costa Rica scored 2.3 points above the average of the 60 largest economies analyzed. Compared with six leading Latin American economies—Brazil, Mexico, Argentina, Chile, Colombia and Peru—Costa Rica outperformed their average in 21 of the 22 attributes assessed by the RepCore® model.

The country is recognized primarily for its sustainability, quality of life, environmental stewardship, stability, safety, respect for human rights, ethics and responsibility. These attributes also create economic value: Reputation Lab's historical analyses associate a one-point increase in a country's reputation score with average growth of 1% in foreign direct investment flows.

From Reputation to Productive Capacity

The evolution of Costa Rica's medical device industry demonstrates how these attributes translate into business opportunities. The country is home to more than 100 companies in the sector, including 13 of the world's 25 largest medical device companies, and the industry supports more than 63,000 direct jobs, consolidating Costa Rica's position as a leading hub for the sector.

Costa Rica has expanded from manufacturing processes into increasingly sophisticated activities involving engineering, automation, research, development and innovation. This expertise extends to other industries, including advanced manufacturing, knowledge-intensive services, digital technologies and agribusiness.

More than 1,000 multinational companies from 67 markets currently operate in Costa Rica. In 2025, more than 80% of the country's FDI inflows came from reinvestments, underscoring the confidence that companies place in Costa Rica's specialized talent, local suppliers and institutional framework, which supports their continued growth.

Sustainability is also embedded in the country's operating capabilities. In 2025, Costa Rica generated 98.6% of its electricity from renewable sources, including hydropower, geothermal, wind, biomass and solar energy. For companies, this means being able to advance their environmental and decarbonization goals through a clean energy matrix without compromising the continuity or sophistication of their operations.

Sustainability therefore extends beyond being a reputational attribute: it becomes a tangible advantage for producing, innovating and competing globally.

Human talent completes this value proposition. Costa Rica offers strong capabilities in engineering, life sciences, digital technologies, business services and multilingual skills. This foundation is reinforced by a training strategy aligned with companies' needs, through which PROCOMER advances programs focused on high-demand skills.

The country also provides legal certainty, institutional stability, membership in the Organisation for Economic Co-operation and Development (OECD), and a network of 18 trade agreements that offers preferential access to more than 50 markets.

"For a company from Asia or the Middle East looking to expand across the Americas, Costa Rica offers far more than a strategic location. It offers a partner with the talent, stability, sustainability and experience required to develop high-value global operations. Our goal is not simply to attract more companies to the country, but to ensure they find the right conditions to innovate, grow and build long-term relationships," Acosta concluded.

 

** This press release is distributed by PR Newswire through automated distribution system, for which the client assumes full responsibility. **

Costa Rica Turns Its Reputation into Global Business Opportunities

Costa Rica Turns Its Reputation into Global Business Opportunities

Costa Rica Turns Its Reputation into Global Business Opportunities

Costa Rica Turns Its Reputation into Global Business Opportunities

TROMSO, Norway and MADRID, Oct. 6, 2026 /PRNewswire/ -- Kongsberg Satellite Services (KSAT) and Xoople have entered into a partnership under which Xoople has selected KSATlite, KSAT's fully automated Ground Segment-as-a-Service, to support the deployment and operation of its pioneering constellation of satellites.

KSATlite was launched in 2016 to give satellite operators standardized, scalable access to the ground. Ten years on, it supports missions ranging from single satellites to large constellations with an average contact success rate above 99.8%. Xoople is building Earth's System of Record™, a continuously updated representation of physical change across the planet.

By combining trusted Earth data, scalable cloud infrastructure and advanced AI, Xoople's end-to-end system creates a foundation for organizations to understand, monitor and respond to change across the natural and built environment. The platform is designed to integrate seamlessly into government and enterprise systems, workflows and AI applications, transforming complex geospatial data into operational intelligence at global scale.

Through the partnership, Xoople will use the global KSATlite network, including new sites, to support the downlink of large volumes of Earth observation data and enable rapid delivery of information from space to users on the ground.

The collaboration will also drive the continued development of the KSATlite service. To support the requirements of Xoople's program, KSAT is adding new ground station sites and developing two key capabilities together with Xoople: faster delivery of data from the ground station to the cloud, and new service endpoints that let operators further automate their own operations. These capabilities will become part of the standard KSATlite service and benefit future customers across the network.

"Through our collaboration, Xoople has challenged us with ambitious requirements that continue to drive the development of KSATlite, including faster data delivery and increased automation capabilities. Because KSATlite is a standardized service, these enhancements will strengthen the offering available to future customers across the network. We look forward to continuing the partnership as the program progresses," says Marte Indregard, President and CEO of KSAT.

"Reliable, scalable access to Earth data is a critical part of building the infrastructure behind Earth's System of Record. By working with KSAT and its global KSATlite network, we are strengthening the data supply chain that enables us to continuously capture, process and understand physical change on Earth. This partnership helps ensure we can support the scale, frequency and reliability required to deliver trusted intelligence into enterprise workflows and AI-driven decision-making," says Fabrizio Pirondini, CEO of Xoople.

The partnership represents an important milestone for both organizations, bringing together Xoople's ambition to build Earth's System of Record ™with KSAT's global ground segment expertise. Together, they are helping establish the infrastructure needed to transform Earth data into a trusted enterprise asset, powering operational intelligence, automation and AI-driven decision-making around the world. For KSAT, the partnership extends both the reach and the capabilities of the KSATlite network, strengthening its ability to support high-volume Earth observation missions in the years ahead.

About Xoople
Xoople is building Earth's System of Record™ - the largest continuously updated source of daily physical-world ground truth for the AI era. Powered by a proprietary constellation with NASA-grade optical sensors and a fully integrated space-to-cloud network, Xoople generates 100x more data than the current gold standard. We transform calibrated global Earth measurements into structured, machine-readable, open tabular formats that integrate directly into AI agents, enterprise workflows and operational platforms. Designed in collaboration with users across industries, Xoople closes the physical-world knowledge gap that limits AI performance, enabling organizations to detect change, uncover predictive insight and make faster, more confident decisions at global scale.

About KSAT
Kongsberg Satellite Services (KSAT) is a global provider of ground network services, Earth observation services and government programs. Headquartered in Tromsø, Norway, and co-owned by Kongsberg Defence & Aerospace and Space Norway, KSAT operates the world's largest commercial satellite ground station network, including sites in Svalbard and Antarctica, and delivers mission-critical infrastructure for government, civil and commercial space customers worldwide. Its fully automated Ground Segment-as-a-Service, KSATlite, supports everything from single small satellites to mega-constellations. Machine-to-machine interfaces, a customer portal and state-of-the-art anomaly detection help it maintain a contact success rate above 99.8%.

CONTACT: Mediacontact@ksat.no 

** This press release is distributed by PR Newswire through automated distribution system, for which the client assumes full responsibility. **

KSAT and Xoople Partner on Ground Network for Xoople Constellation

KSAT and Xoople Partner on Ground Network for Xoople Constellation

Recommended Articles