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."

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%.

From January to April 2011 Panama’s Economy Grew 9.9%

August 2011

The growth of the Panamanian economy is sustained and is approaching figures prior to the 2008 global crisis.

The Social and Economic Report - April 2011 by the Ministry of Finance states that up to April, 2011 Panama grew by 9.8%, which compared with figures for the same period in previous years, indicates that the recovery is sustained.

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