The article analyzes economic growth in Costa Rica from 1960 to 2019. It finds that Total Factor Productivity (TFP) explains 14% of the growth, with capital and labor also playing significant roles. Changes in TFP account for 69% of growth rate changes, while labor quality impacts growth positively in certain periods. High inflation negatively affects TFP growth, while openness to international trade and stable financial deepening benefit TFP growth.