Nicaraguan GDP drops in 2008

The growth of the Nicaraguan economy at the end of 2008 will be lower than that of 122 other developing countries.

Friday, November 21, 2008

Even the GDP of Sierra Leone which was the lowest on the Human Development Index will be 2.5% higher than the estimate figure for Nicaragua.

"This is not the best scenario we could have expected in 2008," said economist Alejandro Arauz yesterday, based on the mos recent projections from the IMF on global economic perspectives...

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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 Revises GDP Growth Downward

February 2009

The Banguat president argues that the pace of GDP growth, estimated in the range of 3.0% to 3.5% for this year, is not sustainable.

Siglo 21 published on its website: "The official explained in a meeting with columnists and economic analysts that the reduction in demand and risk aversion among investors have begun to erode economic development.

Guatemala lowers growth estimates

September 2008

The Bank of Guatemala revised their growth estimates for 2008 to 4.3% which is lower than the 4.8% predicted in April and the initial 5.3% in January.

The Bank acknowledged that the national economy is slowing down due to adverse international conditions, the high price of oil, food and raw material.

Costa Rican economic growth slows to 5.8 percent

July 2008

The rate of economic growth has slowed down in Costa Rica, according to central bank figures published Monday.

During the first quarter, the nation's gross domestic product grew by 5.8 percent compared with the same period of last year. The growth rate is the lowest in eight quarters.

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