Costa Rica – The Most Democratic Nation in Latin America

According to the annual Latin American Index of Democratic Development released in September, Costa Rica holds the top stop for democratic nations. The study concluded that half of Latin American countries have a low level of democratic development. Only the 3 countries with the highest scores (Costa Rica, Chile and Uruguay) have not been subject to any crisis in recent times. This is Costa Rica’s first year in the top spot showing a 6% improvement over last year’s scores. Regarding social indicators, Costa Rica saw its ratings soar in 2008. This is a strong sign that Costa Rica is a solid place to live and invest.

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