Guatemala: Tax Collection Contracts

In 2008, industrial and commercial sectors showed the greatest loss of growth.

Tuesday, February 24, 2009

Rosa Ma. Bolaños writes in "The sector with the most pronounced losses in growth was the commercial sector, which reported 0.45 percent growth in 2008, for a total collection of Q13 thousand 398.5 million ($ 1,667 million).
In 2007, it had increased 14.8 percent, and, in 2006, 19 percent. In previous years, the increase in annual collections was between 10 and 16 percent."

More on this topic

Nicaraguan economy slows down

January 2009

Trade, the financial system, the fishing industry, and the manufacturing industry were four of the main economic sectors reports: Undoubtedly, the most affect areas was financial services, which in 2008 grew only by 0.32 percent, compared to the 16.99% in 2007.

Costa Rica's Economy Losing Strength

November 2011

Industry, trade and agriculture, which together make up half the country's GDP, are showing signs of slow-down, which in turn will impact growth targets for 2011 and 2012.

Costa Rica's economic activity indicator for August displayed an increase of 4.2% for trade, lower than in previous months. Since last May, Industry growth has been stagnant at 3.5% relative to 2010, while the agricultural sector has started to fall.

Guatemala: Modest growth anticipated for 2008

August 2008

The Association for Investigation and Social Studies (ASIES) carried out a moderate study of the local economy.

ASIES analyst, Carlos Gonzalez, pointed out that the unfavorable external climate resulting from the financial crisis, and the high price of oil and food - that started in 2006 and worsened in 2007, began to affect production activities during first semester of this year.

Drop in Rate of Costa Rican Household Spending

October 2013

During the second quarter of 2013, consumer spending grew by just 3.03% compared to the same period last year.

This was announced by the Central Bank of Costa Rica in its quarterly publication on the gross domestic product (GDP) .

"... The result published was expected, because of the slowdown of Commercial IMAE and a fall in the confidence of traders.

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