Nicaraguan Economy Grows by 5%

Government authorities have announced that in the first quarter of 2011 there was growth of 5.3% compared to the same period in 2010.

Thursday, July 14, 2011

The rise according to a report by the Council of Communication and Citizenship is a result of growth in private and public investment and the value of exports (14.6%).

"One of the fastest growing economic sectors, according to the executive, is mining and quarrying, with growth of 29.2%, a result of increased investment in the municipality of La Libertad Mine (center) and the high international price of gold.

Meanwhile, the construction sector recorded an increase of 18.1%, especially in social housing ... "

The electricity, water and sewerage sector recorded a rise of 13.5%, manufacturing 9.8% and trade, hotels and restaurants 4.7%, the report said. "

For the same period agriculture, livestock and fisheries reported a decrease of 2.9%

More on this topic

El Salvador: Economy grows 3%

October 2018

Explained mainly by the private consumption expansion, the Gross Domestic Product reported a year-on-year increase of 3% in the first half of the year.

Regarding growth in the second quarter of the year, the Central Reserve Bank (BCR) reported that the production process informed between April and June this year confirms the greatest boom in economic activity announced during the first quarter, so it increased by one-tenth the growth projection for 2018, with an expected rate of 2.6%.

Panama: GDP Up 5% in 2017

March 2018

Activities of the canal and air and financial services accounted for most of the 5.4% growth recorded in GDP over the past year.

The Comptroller General of the Republic reported that the increase reported in 2017 " ... is explained primarily by the behavior of economic activities related to the external sector. Among them, those of the Panama Canal, air and financial services stand out positively. On the other hand, trade in the Colon Free Zone, showed a decrease." 

Economy of Guatemala At End of 2014

December 2014

The activities of mining, manufacturing and agriculture account for most of the growth projected by the Central Bank for 2014.

According to the preliminary report from the Bank of Guatemala, the economy will have grown by 4% by the end of 2014, and it is expected that in 2015 growth will be between 3.9% and 4.1%. It is expected that by the end of the year, exports will have increased by 7.7% compared to 2013.

Costa Rica: Household Spending Continues to Grow

October 2011

Between January and July the Gross Domestic Product (GDP) grew by 3.8% compared to the same period in 2010.

According to a report by Aldesa :

In terms of components, final household spending remains strong, growing by 4.8% in the indicated period and keeping in line with the expectations of the Central Bank of Costa Rica (BCCR), which estimates that domestic demand this year will be main driver of economic activity.

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