Guatemala's GDP Grows 3.6%

Between April and June 2010, nine of the 11 sectors which make up the Gross Domestic Product (GDP) experienced an increase.

Monday, October 4, 2010

According to Banco de Guatemala (Banguat), the sectors which showed negative numbers in the second quarter were electricity, construction and water collection.

Comparing it to the first quarter of 2010 (January to March), five sectors were up, five suffered deceleration and one shows no growth.

Prensalibre.com´s, Rosa Bolaños reports; "Agriculture, trade, industry and house rentals had a lower growth in the second quarter of 2010 compared to the first, while electricity and water services show growth of -2.1 per cent in June, while in March was at 1.8 per cent.”

More on this topic

First Quarter Nicaragua Grows 3.6%

July 2013

Up to March the Nicaraguan economy registered a growth of 3.6%, representing a deceleration of 3.4% relative to growth in the last quarter of 2012.

From a statement from the Central Bank of Nicaragua:

Regarding expenditure, PIBT growth was supported by a boost in net foreign demand and gross capital formation.

Costa Rica Grew by 5% in Last Quarter of 2011

April 2012

Production rose by 5.16% in the last 3 months of 2011, the most dynamic period of the year.

Data released by the Central Bank on the behavior of gross domestic product (GDP) show that the last quarter of 2011 saw a growth in production of 5.16% compared to the fourth quarter of 2010, the highest of all quarters in 2011.

Guatemala: Economy Continues to Grow

October 2011

In the second quarter GDP rose by 3.7%, exceeding growth recorded in the previous quarter.

The strong economic dynamism experienced by Guatemala seems to be shared by all economic activities from agriculture to services.

While all sectors showed positive changes in the quarter under review, some performed better, such as the transport, communications and storage sector, which showed an increase of 4%.

Costa Rican GDP Down 2.3%

September 2009

In the second quarter of 2009, the country's Gross Domestic Product dropped 2.3% when compared to the same period of 2008.

The most affected sectors were industry, commerce, restaurants and hotels, and construction.

"GDP fell 2.3% in the second quarter when compared to last year, while it had dropped 0.8% in the first quarter", reported Elfinancierocr.com.

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