22, 2025, S&P Global Ratings raised its long-term foreign and local currency sovereign credit ratings on Costa Rica to 'BB' from 'BB-'. Costa Rica has bolstered its external buffers as a result of export-driven economic growth, solid foreign direct investment (FDI), a substantial increase in international reserves, and access to flexible credit lines from the IMF and multilateral lending institutions (MLIs). The government's. Natural Gas and Oil Forecast: WTI Defends $79. The Rating Outlook has been revised to Positive from Stable. A full list of rating actions is at the end of this rating action commentary. In general, a credit rating is used by sovereign wealth funds, pension funds and other investors to gauge the credit worthiness of Costa.