CR-Costa Rica Methodology
Updated over a week ago

Population Data

Population figures for Costa Rica were obtained from the national institute of statistics and census (Intituto Nacional de Estadistica y Censos, INEC).

Using historical trends, and assuming the current activity prevails, we were able to establish a reasonable expectation for predicting future population values. Our population projections are based on two projection models: The Monte Carlo simulation model and the Autoregression Integrated Moving Average (ARIMA) models.

The metropolitan areas of Costa Rica represent the country’ regions de planificación, created in 1975 with the following aim:

  • Make better use of state resources.

  • Improve processes between institutions.

  • Employ and focus resources according to the needs of specific populations.

  • Ensure a more equitable development of each of the regions.

Once we had decided on which regions to utilize, we then ran multiple configurations of each of the two models above to find out which model (and which configuration within that model) was most accurate for each area.

In addition to the LMI data mentioned here Lightcast also offers insights through Global Worker profiles in Costa Rica.

Labor Market Information (LMI) Data

Costa Rica’ s regional and national occupational figures were aggregated from the Encuesta Continua de Empleo performed by INEC. The country has its own occupation classification system, CORC-2011 (Clasificación de Ocupaciones de Costa Rica), which is a variation of the International Standard Classification of Occupations (ISCO).

Finally, to compile supply projections, we took the expected population growth rate from the models mentioned above and applied that same growth rate across the LMI in each of Costa Rica’s regions. Once we had the projections, we mapped all the elements of CORC-2011 to Global Occupations.

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