IBOV 173,768.17 ▼ 0.03% IPSA 10,913.99 ▼ 0.31% IPC MEX 66,358.81 ▼ 0.08% MERVAL 3,187,056 ▲ 0.06% COLCAP 2,287.57 ▲ 0.11% BVL PERÚ 57,220.16 — — USD/BRL5.11▲ 0.13% USD/MXN17.52▲ 0.58% USD/CLP934.10▲ 0.98% USD/COP3,257▲ 0.81% USD/PEN3.39▲ 0.22% USD/ARS1,478▲ 0.17% USD/UYU40.23▲ 1.74% USD/PYG6,032▲ 1.81% USD/BOB10.65▲ 4.37% USD/DOP58.24▲ 1.37% USD/CRC446.12▲ 1.44% USD/GTQ7.62▲ 2.73% USD/HNL26.73▲ 1.94% USD/NIO36.62▲ 1.17% USD/VES730.65▲ 0.57% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.59▲ 0.87% USD/TTD6.74▲ 1.70% EUR/BRL5.84▲ 0.13% BRENT 87.52 ▲ 3.91% WTI 81.16 ▲ 2.80% IRON ORE 161.91 — — COPPER 6.26 ▼ 0.57% GOLD 4,011 ▲ 0.63% SILVER 56.27 ▲ 0.67% SOY 1,203 ▲ 0.63% CORN 468.25 ▲ 6.06% WHEAT 684.75 ▲ 1.48% COFFEE 321.10 ▼ 0.06% SUGAR 14.82 ▲ 2.63% ORANGE JUICE 139.35 ▲ 4.15% COTTON 78.93 ▲ 1.60% COCOA 5,610 ▲ 7.55% BEEF 220.63 ▼ 2.84% CATTLE 339.08 ▼ 2.17% LITHIUM 68.27 ▼ 0.85% PETR4 40.85 ▲ 2.41% VALE3 72.67 ▼ 0.42% ITUB4 41.89 ▼ 1.55% BBDC4 18.23 ▼ 0.98% ABEV3 15.53 ▼ 0.45% BBAS3 20.40 ▼ 1.73% B3SA3 15.23 ▼ 1.04% WEGE3 43.46 ▼ 0.07% PRIO3 57.83 ▲ 1.83% SUZB3 41.88 ▲ 0.43% RENT3 37.94 ▼ 2.37% AZZA3 18.47 ▼ 0.32% CSAN3 3.85 ▼ 0.77% RAIZ4 0.28 ▼ 3.45% PCAR3 2.57 ▼ 0.77% GMAT3 3.91 ▼ 0.26% PSSA3 55.03 ▼ 0.34% CVCB3 1.25 ▼ 7.41% POSI3 3.75 ▼ 3.35% SLCE3 13.51 ▼ 0.73% NATU3 8.55 ▼ 0.12% BRKM5 6.22 ▲ 1.97% RANI3 7.95 ▼ 1.61% CSNA3 5.04 ▼ 1.18% CMIN3 5.33 ▼ 2.20% USIM5 8.23 ▲ 4.18% GGBR4 24.03 ▲ 0.50% ENEV3 25.70 ▼ 0.96% CPFE3 46.95 ▼ 0.51% CMIG4 11.17 ▲ 0.72% EQTL3 39.49 ▼ 0.90% LREN3 13.34 ▼ 2.27% VIVT3 35.51 ▲ 0.11% RAIL3 13.67 ▼ 1.87% KLABIN 17.54 ▲ 1.04% RAIA DROGASIL 18.40 ▼ 0.65% RDOR3 35.59 ▼ 0.78% HAPV3 11.36 ▲ 3.74% FLRY3 16.60 ▲ 1.10% SMTO3 15.48 ▼ 1.53% UGPA3 32.00 ▲ 0.03% VBBR3 34.94 ▲ 1.66% BBSE3 40.89 ▼ 0.70% BPAC11 56.16 ▼ 0.76% CURY3 30.49 ▼ 2.56% AERI3 2.03 ▲ 0.50% VIVARA 22.46 ▼ 3.81% COMPASS 24.80 ▼ 0.44% VAMOS 3.19 ▲ 0.95% SANB11 26.60 ▼ 0.86% ASAI3 8.40 ▼ 1.87% SBSP3 29.22 ▼ 0.27% WALMEX 49.56 — 0.00% GMEXICO 200.18 ▲ 0.47% FEMSA 224.58 ▼ 0.21% CEMEX 22.66 ▼ 0.53% GFNORTE 180.39 — 0.00% BIMBO 58.00 ▲ 0.14% TELEVISA 9.61 ▲ 1.05% AMX 23.14 ▲ 1.58% GAP 386.00 ▼ 1.47% ASUR 278.59 ▼ 0.84% OMA 229.81 ▼ 1.41% KOF 180.24 ▲ 0.72% GRUMA 286.23 ▼ 0.05% KIMBER 38.60 ▼ 0.46% SQM-B 65,000 ▼ 1.59% COPEC 6,220 ▲ 1.53% BSANTANDER 77.06 ▼ 1.41% FALABELLA 5,859 ▲ 0.11% ENELAM 84.59 ▼ 0.25% CENCOSUD 2,000 ▼ 0.25% CMPC 1,077 ▲ 0.27% BANCO CHILE 187.96 ▼ 0.49% LATAM AIR 24.71 ▼ 2.72% YPF 77,600 ▲ 2.00% GGAL 7,790 ▼ 0.95% PAMPA 5,170 ▲ 1.17% TXAR 664.00 ▲ 0.30% ALUAR 956.50 ▲ 1.76% TGS 9,320 ▼ 0.69% CEPU 2,255 ▼ 0.22% MIRGOR 16,800 ▲ 0.30% COME 43.78 ▼ 1.53% LOMA NEGRA 3,515 ▼ 1.19% BYMA 297.75 ▼ 1.24% TELECOM ARG 4,123 ▼ 1.38% ECOPETROL 16.01 ▲ 1.30% BANCOLOMBIA 80.15 ▲ 0.86% GRUPO AVAL 4.93 ▼ 0.80% CREDICORP 391.02 ▲ 0.92% SOUTHERN COPPER 172.07 ▼ 2.05% BUENAVENTURA 30.13 ▼ 0.13% MERCADOLIBRE 1,818 ▼ 2.12% NUBANK 13.60 ▼ 1.41% XP 16.73 ▲ 0.30% PAGSEGURO 9.07 ▼ 0.93% STONE 11.11 ▼ 0.85% GLOBANT 32.35 ▲ 0.47% TECNOGLASS 45.67 ▼ 2.48% GAP AIRPORT 220.27 ▼ 2.22% ASUR 278.59 ▼ 0.84% OMA AIRPORT 105.14 ▼ 1.93% AMX ADR 26.36 ▲ 0.84% FEMSA ADR 128.30 ▼ 0.92% CEMEX ADR 12.94 ▼ 1.26% PETROBRAS ADR 17.90 ▲ 2.46% VALE ADR 14.20 ▼ 0.14% ITAU ADR 8.21 ▼ 1.14% SANTANDER BR 5.23 ▼ 1.23% AMBEV ADR 3.02 ▼ 1.15% CSN 1.00 ▼ 0.36% GERDAU 4.73 ▲ 0.11% LATAM ADR 52.60 ▼ 1.09% BTC 64,146 ▲ 0.56% ETH 1,844 ▼ 1.02% SOL 75.12 ▼ 0.20% XRP 1.09 ▲ 0.38% BNB 567.37 ▼ 0.84% ADA 0.17 ▲ 3.57% DOGE 0.07 ▲ 0.37% AVAX 6.58 ▲ 1.13% LINK 8.25 ▼ 1.03% DOT 0.85 ▼ 0.44% LTC 45.08 ▲ 0.31% BCH 219.95 ▼ 0.75% TRX 0.32 ▼ 0.09% XLM 0.19 ▲ 0.96% HBAR 0.07 ▼ 0.73% NEAR 1.93 ▼ 2.06% ATOM 1.51 ▲ 0.35% AAVE 90.46 ▼ 0.73% SELIC 14.25% EMBRAER 81.76 ▼ 0.01% EMBRAER ADR 64.05 ▼ 0.50% JBS 11.83 ▼ 1.70% JBS BDR 60.27 ▼ 2.00% MBRF3 14.94 ▼ 2.29% MBRFY 2.89 ▼ 1.37% INTER 5.36 ▼ 3.25% EGX 52,928 ▲ 0.70% USD/ZAR16.52▲ 0.58% USD/NGN1,378▼ 0.20% NIKKEI 64,141 ▼ 4.03% CSI300 4,529 ▼ 3.60% HSI 24,562 ▼ 1.78% NIFTY 24,334 ▲ 1.09% KOSPI 6,821 ▼ 6.37% JCI 6,176 ▲ 1.10% USD/JPY162.45▲ 0.03% USD/CNY6.78▲ 0.03% DAX 24,831 ▼ 0.34% CAC 8,339 ▼ 0.47% FTSE 10,600 ▲ 0.27% MIB 51,882 ▼ 0.94% IBEX 19,217 ▼ 0.45% STOXX 641.53 ▼ 0.34% EUR/USD1.14— 0.00% GBP/USD1.35▼ 0.62% SPX 7,458 ▼ 1.00% DJI 52,150 ▼ 0.77% NDX 28,632 ▼ 1.36% RUT 2,953 ▼ 0.73% TSX 35,162 ▼ 0.50% VIX 18.80 ▲ 12.37% USD/CAD1.40▼ 0.23% US10Y 4.5410 ▼ 0.61% IBOV 173,768.17 ▼ 0.03% IPSA 10,913.99 ▼ 0.31% IPC MEX 66,358.81 ▼ 0.08% MERVAL 3,187,056 ▲ 0.06% COLCAP 2,287.57 ▲ 0.11% BVL PERÚ 57,220.16 — — USD/BRL 5.11 ▲ 0.13% USD/MXN 17.52 ▲ 0.58% USD/CLP 934.10 ▲ 0.98% USD/COP 3,257 ▲ 0.81% USD/PEN 3.39 ▲ 0.22% USD/ARS 1,478 ▲ 0.17% USD/UYU 40.23 ▲ 1.74% USD/PYG 6,032 ▲ 1.81% USD/BOB 10.65 ▲ 4.37% USD/DOP 58.24 ▲ 1.37% USD/CRC 446.12 ▲ 1.44% USD/GTQ 7.62 ▲ 2.73% USD/HNL 26.73 ▲ 1.94% USD/NIO 36.62 ▲ 1.17% USD/VES 730.65 ▲ 0.57% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.59 ▲ 0.87% USD/TTD 6.74 ▲ 1.70% EUR/BRL 5.84 ▲ 0.13% BRENT 87.52 ▲ 3.91% WTI 81.16 ▲ 2.80% IRON ORE 161.91 — — COPPER 6.26 ▼ 0.57% GOLD 4,011 ▲ 0.63% SILVER 56.27 ▲ 0.67% SOY 1,203 ▲ 0.63% CORN 468.25 ▲ 6.06% WHEAT 684.75 ▲ 1.48% COFFEE 321.10 ▼ 0.06% SUGAR 14.82 ▲ 2.63% ORANGE JUICE 139.35 ▲ 4.15% COTTON 78.93 ▲ 1.60% COCOA 5,610 ▲ 7.55% BEEF 220.63 ▼ 2.84% CATTLE 339.08 ▼ 2.17% LITHIUM 68.27 ▼ 0.85% PETR4 40.85 ▲ 2.41% VALE3 72.67 ▼ 0.42% ITUB4 41.89 ▼ 1.55% BBDC4 18.23 ▼ 0.98% ABEV3 15.53 ▼ 0.45% BBAS3 20.40 ▼ 1.73% B3SA3 15.23 ▼ 1.04% WEGE3 43.46 ▼ 0.07% PRIO3 57.83 ▲ 1.83% SUZB3 41.88 ▲ 0.43% RENT3 37.94 ▼ 2.37% AZZA3 18.47 ▼ 0.32% CSAN3 3.85 ▼ 0.77% RAIZ4 0.28 ▼ 3.45% PCAR3 2.57 ▼ 0.77% GMAT3 3.91 ▼ 0.26% PSSA3 55.03 ▼ 0.34% CVCB3 1.25 ▼ 7.41% POSI3 3.75 ▼ 3.35% SLCE3 13.51 ▼ 0.73% NATU3 8.55 ▼ 0.12% BRKM5 6.22 ▲ 1.97% RANI3 7.95 ▼ 1.61% CSNA3 5.04 ▼ 1.18% CMIN3 5.33 ▼ 2.20% USIM5 8.23 ▲ 4.18% GGBR4 24.03 ▲ 0.50% ENEV3 25.70 ▼ 0.96% CPFE3 46.95 ▼ 0.51% CMIG4 11.17 ▲ 0.72% EQTL3 39.49 ▼ 0.90% LREN3 13.34 ▼ 2.27% VIVT3 35.51 ▲ 0.11% RAIL3 13.67 ▼ 1.87% KLABIN 17.54 ▲ 1.04% RAIA DROGASIL 18.40 ▼ 0.65% RDOR3 35.59 ▼ 0.78% HAPV3 11.36 ▲ 3.74% FLRY3 16.60 ▲ 1.10% SMTO3 15.48 ▼ 1.53% UGPA3 32.00 ▲ 0.03% VBBR3 34.94 ▲ 1.66% BBSE3 40.89 ▼ 0.70% BPAC11 56.16 ▼ 0.76% CURY3 30.49 ▼ 2.56% AERI3 2.03 ▲ 0.50% VIVARA 22.46 ▼ 3.81% COMPASS 24.80 ▼ 0.44% VAMOS 3.19 ▲ 0.95% SANB11 26.60 ▼ 0.86% ASAI3 8.40 ▼ 1.87% SBSP3 29.22 ▼ 0.27% WALMEX 49.56 — 0.00% GMEXICO 200.18 ▲ 0.47% FEMSA 224.58 ▼ 0.21% CEMEX 22.66 ▼ 0.53% GFNORTE 180.39 — 0.00% BIMBO 58.00 ▲ 0.14% TELEVISA 9.61 ▲ 1.05% AMX 23.14 ▲ 1.58% GAP 386.00 ▼ 1.47% ASUR 278.59 ▼ 0.84% OMA 229.81 ▼ 1.41% KOF 180.24 ▲ 0.72% GRUMA 286.23 ▼ 0.05% KIMBER 38.60 ▼ 0.46% SQM-B 65,000 ▼ 1.59% COPEC 6,220 ▲ 1.53% BSANTANDER 77.06 ▼ 1.41% FALABELLA 5,859 ▲ 0.11% ENELAM 84.59 ▼ 0.25% CENCOSUD 2,000 ▼ 0.25% CMPC 1,077 ▲ 0.27% BANCO CHILE 187.96 ▼ 0.49% LATAM AIR 24.71 ▼ 2.72% YPF 77,600 ▲ 2.00% GGAL 7,790 ▼ 0.95% PAMPA 5,170 ▲ 1.17% TXAR 664.00 ▲ 0.30% ALUAR 956.50 ▲ 1.76% TGS 9,320 ▼ 0.69% CEPU 2,255 ▼ 0.22% MIRGOR 16,800 ▲ 0.30% COME 43.78 ▼ 1.53% LOMA NEGRA 3,515 ▼ 1.19% BYMA 297.75 ▼ 1.24% TELECOM ARG 4,123 ▼ 1.38% ECOPETROL 16.01 ▲ 1.30% BANCOLOMBIA 80.15 ▲ 0.86% GRUPO AVAL 4.93 ▼ 0.80% CREDICORP 391.02 ▲ 0.92% SOUTHERN COPPER 172.07 ▼ 2.05% BUENAVENTURA 30.13 ▼ 0.13% MERCADOLIBRE 1,818 ▼ 2.12% NUBANK 13.60 ▼ 1.41% XP 16.73 ▲ 0.30% PAGSEGURO 9.07 ▼ 0.93% STONE 11.11 ▼ 0.85% GLOBANT 32.35 ▲ 0.47% TECNOGLASS 45.67 ▼ 2.48% GAP AIRPORT 220.27 ▼ 2.22% ASUR 278.59 ▼ 0.84% OMA AIRPORT 105.14 ▼ 1.93% AMX ADR 26.36 ▲ 0.84% FEMSA ADR 128.30 ▼ 0.92% CEMEX ADR 12.94 ▼ 1.26% PETROBRAS ADR 17.90 ▲ 2.46% VALE ADR 14.20 ▼ 0.14% ITAU ADR 8.21 ▼ 1.14% SANTANDER BR 5.23 ▼ 1.23% AMBEV ADR 3.02 ▼ 1.15% CSN 1.00 ▼ 0.36% GERDAU 4.73 ▲ 0.11% LATAM ADR 52.60 ▼ 1.09% BTC 64,146 ▲ 0.56% ETH 1,844 ▼ 1.02% SOL 75.12 ▼ 0.20% XRP 1.09 ▲ 0.38% BNB 567.37 ▼ 0.84% ADA 0.17 ▲ 3.57% DOGE 0.07 ▲ 0.37% AVAX 6.58 ▲ 1.13% LINK 8.25 ▼ 1.03% DOT 0.85 ▼ 0.44% LTC 45.08 ▲ 0.31% BCH 219.95 ▼ 0.75% TRX 0.32 ▼ 0.09% XLM 0.19 ▲ 0.96% HBAR 0.07 ▼ 0.73% NEAR 1.93 ▼ 2.06% ATOM 1.51 ▲ 0.35% AAVE 90.46 ▼ 0.73% SELIC 14.25% EMBRAER 81.76 ▼ 0.01% EMBRAER ADR 64.05 ▼ 0.50% JBS 11.83 ▼ 1.70% JBS BDR 60.27 ▼ 2.00% MBRF3 14.94 ▼ 2.29% MBRFY 2.89 ▼ 1.37% INTER 5.36 ▼ 3.25% EGX 52,928 ▲ 0.70% USD/ZAR 16.52 ▲ 0.85% USD/NGN 1,378 ▲ 0.02% NIKKEI 64,141 ▼ 4.03% CSI300 4,529 ▼ 3.60% HSI 24,562 ▼ 1.78% NIFTY 24,334 ▲ 1.09% KOSPI 6,821 ▼ 6.37% JCI 6,176 ▲ 1.10% USD/JPY 162.46 ▲ 0.07% USD/CNY 6.7755 ▲ 0.18% DAX 24,831 ▼ 0.34% CAC 8,339 ▼ 0.47% FTSE 10,600 ▲ 0.27% MIB 51,882 ▼ 0.94% IBEX 19,217 ▼ 0.45% STOXX 641.53 ▼ 0.34% EUR/USD 1.1439 ▼ 0.04% GBP/USD 1.3454 ▼ 0.19% SPX 7,458 ▼ 1.00% DJI 52,150 ▼ 0.77% NDX 28,632 ▼ 1.36% RUT 2,953 ▼ 0.73% TSX 35,162 ▼ 0.50% VIX 18.80 ▲ 12.37% USD/CAD 1.4011 ▼ 0.20% US10Y 4.5410 ▼ 0.61%
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Friday, July 17, 2026

Costa Rica Heads Into A Low-Heat Election With Crime Fears And A Chaves Shadow

By · January 23, 2026 · 2 min read

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Key Points

  • A Feb. 1 vote will pick Costa Rica’s next president and a 57-seat legislature, with security dominating public mood.
  • A late-January CIEP-UCR poll put pro-government candidate Laura Fernández at the 40% threshold that can avoid a runoff.
  • The race is shaped by President Rodrigo Chaves’ popularity and an opposition split across many parties.

Costa Rica goes to the polls on February 1 to choose a president and 57 lawmakers for the 2026–2030 term. The campaign has lacked the festive feel the country once celebrated. Many voters sound tired, cautious, and focused on public safety.

President Rodrigo Chaves is not on the ballot because Costa Rica bars immediate re-election. Even so, he dominates the debate. His ally, former minister Laura Fernández Delgado, is running under the Partido Pueblo Soberano.

A CIEP-UCR poll taken in mid-January placed her at the 40% line needed for a first-round win. The same polling cycle put Chaves’ approval near the high-50s, giving his camp a powerful megaphone in a quiet race.

Costa Rica Heads Into A Low-Heat Election With Crime Fears And A Chaves Shadow. (Photo Internet reproduction)
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The stakes are larger than a personality contest. If Fernández wins and the ruling movement secures major control of Congress, it could reshape the balance between the executive and watchdog institutions.

Supporters call it a chance to break gridlock and move faster. Critics warn it could weaken checks and balances that long made Costa Rica a regional outlier. Crime is the accelerant. Costa Rica has lived through its worst violence wave in modern history.

Rising violence hardens Costa Rica politics

The OIJ reported 873 homicides in 2025, only slightly below 2024, with 2023 still the record high. That reality is pushing voters toward tougher rhetoric and simpler promises.

Chaves’ government has tied its approach to El Salvador’s Nayib Bukele. On January 14, Bukele joined Chaves in Costa Rica for a symbolic launch of the planned CACCO high-security prison, a $35 million project designed for about 5,100 inmates.

Backers see deterrence and capacity. Opponents see an imported model with heavy civil-liberty costs. Tensions have spilled into the campaign tone.

Several candidates and journalists describe intimidation fears, mostly online, and a harsher climate toward critics. Meanwhile, an alleged plot against Chaves has added volatility.

Authorities opened an investigation, while the named activist publicly denied involvement and disputed the evidence. With many parties and undecided voters, the final days will decide whether Costa Rica heads to a runoff or hands the governing camp a clearer mandate.

Related coverage: Brazil’s Morning Call | Brazil’s Revenue Windfall Gives Brasília Fiscal Breathing Ro This is part of The Rio Times’ daily coverage of Latin American news and financial markets.

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