The country spends roughly 6.9% of its budget (2016) on education, compared to a global average of 4.4%. It is known for its long-standing and stable democracy, and for its highly educated workforce. The sovereign state is a unitary presidential constitutional republic. An estimated 333,980 people live in the capital and largest city, San José, with around two million people in the surrounding metropolitan area. It has a population of around five million in a land area of 51,060 km 2 (19,710 sq mi). Costa Rica ( UK: / ˌ k ɒ s t ə ˈ r iː k ə/, US: / ˌ k oʊ s t ə/ ( listen) Spanish: literally "Rich Coast"), officially the Republic of Costa Rica ( Spanish: República de Costa Rica), is a country in Central America, bordered by Nicaragua to the north, the Caribbean Sea to the northeast, Panama to the southeast, the Pacific Ocean to the southwest, and Ecuador to the south of Cocos Island.
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