Wikipedia: Costa Rica officially the Republic of Costa Rica is a country in Central America, bordered by Nicaragua to the north, Panama to the southeast, the Pacific Ocean to the west, the Caribbean Sea to the east, and Ecuador to the south of Cocos Island. Costa Rica was sparsely inhabited by indigenous people before it came under Spanish rule in the 16th century. Once a poor and isolated colony, since becoming independent in the 19th century, Costa Rica has become one of the most stable, prosperous, and progressive nations in Latin America. It constitutionally abolished its army permanently in 1949, becoming the first and one of the few sovereign nations without a standing army. A constitutional republic, it is the only Latin American country to have been a democracy since 1950 or earlier. Costa Rica has consistently been among the top-ranking Latin American countries in the Human Development Index (HDI), placing 62nd in the world as of 2012.
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