Breeding systems and dispersal mechanisms of plants (≥ 2.5 cm dbh) were examined in fragments of tropical dry forest in Central America to identify life-history characteristics associated with rarity. In particular, the richness and abundance of dioecious and mammal-dispersed trees and shrubs were examined to identify potential associations with precipitation, anthropogenic disturbance, and area. Plots totalling 1000 m2 per site were established in seven nature reserves in Costa Rica (two sites) and Nicaragua (five sites). Overall, tropical dry forests of Central America have a similar proportion of dioecious species to other lowland neotropical forests and a similar proportion of wind-dispersed plants to other tropical dry forests around the world. However, the number of dioecious and mammal-dispersed species declined with decreasing forest cover within each reserve. Although dioecious species were rare in smaller forest fragments, some of these species will not be threatened with regional extinction because they are early successional plants, they have large geographic ranges, and they are not restricted to the tropical dry forest life zone. Mammal-dispersed plants were rare in small fragments, but it is not clear whether this was due to the loss of dispersal vectors or other life-history characteristics.