Panama: Positive Economic Signals

Up to July 2009, the main indicators of the Panamanian economy show promising results.

Wednesday, September 23, 2009

According to a report from the Comptroller of the Republic, most economic activities experienced growth in the first half of the year.

The most positive signal was the 20.8% increase in the value of real estate construction and repairs permits. This was mainly focused on non-residential projects, which grew 112%, whereas residential projects had a 4% reduction.

"In the manufacturing industry, beef livestock slaughtering grew 9.6%, poultry production rose 4.9%, and alcoholic beverages 7.1%", highlighted

On the other hand, the auto industry was the worst performing, with a reduction of 28.3% in sales.

More on this topic

Nicaragua: Private Sector Balance 2013

December 2013

Free zones, metal mining and construction led economic growth during the year, say entrepreneurs.

This was revealed by an economic assessment made by the Superior Council of Private Enterprise (Cosep). The housing sector will not register any variation because, as in 2012, 3,500 units were sold.

Guatemala in Statistics 2011

April 2012

Statistical information compiled by the Banco de Guatemala has been released, which includes general indicators of real, external, monetary, financial and fiscal indicators.

"Gross Domestic Product (GDP) grew 3.9 percent in 2011, according to the latest review by the Bank of Guatemala (Banguat) confirming an improvement in the performance of productive activities."

Guatemalan Economy - July 2012

August 2011

The monthly report of major national economic indicators has been released by the Foundation for the Development of Guatemala.

According to the Consumer Price Index (CPI) at republic level, prepared by the National Statistics Institute (INE), in July of 2011, it registered a value of 105.22, compared to 104.25 recorded last month, making the monthly variation 0.95%, while the cumulative increase to 31 July was 5.22%, which means that the price level rose during the month of December last year. The rate of change (change in July 2011 compared with the same month of 2010) stood at 7.04%, higher than that observed in July 2010.The main determinants of inflation products were agricultural products.

Panama Grows and Grows ....

June 2011

With 9.7% growth in the first quarter of 2011 compared to data recorded in the first quarter of 2010, the thrust of the Panamanian economy is surpassing all expectations.

While the rest of the world was just emerging with difficulty from the global financial and economic crisis in 2010, Panama grew by 7.5%. The projected growth for 2011 is 9%.

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