Costa Rican government tax revenue experienced a significant decline between January and August of 2026, falling by ¢33.764 million compared to the same period in 2025. This decrease is largely attributed to a substantial reduction in the collection of the Value Added Tax (IVA). The drop in IVA collection is the primary driver of the overall revenue shortfall for the Costa Rican government. These figures represent a concerning trend for the national budget and may necessitate adjustments to fiscal policies. Further analysis is needed to determine the specific causes of the reduced IVA collection. The Costa Rican Ministry of Finance is expected to release a more detailed report outlining the contributing factors and potential mitigation strategies. This decline poses challenges to funding public services and infrastructure projects within Costa Rica.