Costa Rica, officially the Republic of Costa Rica (Spanish: Costa Rica or República de Costa Rica) is a multilingual, multiethnic and multicultural country in Central America, bordered by Nicaragua to the north, Panama to the southeast, the Pacific Ocean to the west and the Caribbean Sea to the east. Costa Rica, which means "Rich Coast", constitutionally abolished its army permanently in 1949. It is the only Latin American country included in the list of the world's 22 older democracies. Costa Rica has consistently been among the top Latin American countries in the Human Development Index (HDI), ranked 69th in the world in 2011. Also was cited by the UNDP in 2010 as one of the countries that have attained much higher human development than other countries at the same income levels, and in 2011 was highlighted by UNDP for being a good performer on environmental sustainability, and better record on human development and inequality than the median of their region.
WikipediaAlthough explored by the Spanish early in the 16th century, initial attempts at colonizing Costa Rica proved unsuccessful due to a combination of factors, including: disease from mosquito-infested swamps, brutal heat, resistance by natives, and pirate raids. It was not until 1563 that a permanent settlement of Cartago was established in the cooler, fertile central highlands. The area remained a colony for some two and a half centuries. In 1821, Costa Rica became one of several Central American provinces that jointly declared their independence from Spain. Two years later it joined the United Provinces of Central America, but this federation disintegrated in 1838, at which time Costa Rica proclaimed its sovereignty and independence. Since the late 19th century, only two brief periods of violence have marred the country's democratic development. In 1949, Costa Rica dissolved its armed forces. Although it still maintains a large agricultural sector, Costa Rica has expanded its economy to include strong technology and tourism industries. The standard of living is relatively high.
CIA The World Factbook 
