Confidence in the Guatemalan Economy Drops by 60%

The economic activity confidence index recorded a 21% drop in the last month and 60% in the last year.

Tuesday, March 3, 2009

The index is calculated by the Bank of Guatemala, derived from analyst surveys and shows future economic prospects.

The current indicator level is the second lowest since December 2003.

In an article published in, Leonel Díaz wrote that "85.7 percent of the analysts felt that the economy would not improve in six months, and 57.1 percent believe it is a bad time to invest in the country."

More on this topic

Costa Rica Business Barometer: Bad Weather Ahead

December 2014

The Ninth Edition of the Deloitte Business Barometer shows a deterioration in view of the economic situation of the country for the next 12 months.

From a statement issued by Deloitte:

Summary of results

Recent macroeconomic performance and prospects

According to data collected during the ninth edition of Deloitte Business Barometer conducted in October and November, the results show a deterioration in the vision of entrepreneurs regarding the economy compared to May-14 survey.

Businessmen Concerns in Costa Rica

December 2010

The slow opening of the telecommunications market and the exchange rate are key factors in the decline in business confidence over the previous quarter.

• Perception and business confidence down for the second consecutive semester
• UCCAEP urges a national agenda to boost productive activities

Panamanian Businessmen Optimistic About Future

June 2010

63% of 141 surveyed companies expect to generate more revenue in 2010 than they did in 2009.

This figure was one of the results of a business survey conducted by Cciap, the Panamanian Chamber of Agriculture, Industry and Commerce, in the first quarter of 2010.

“58% of the surveyed companies were more optimistic regarding the local economy, and 52% believe that the country will attract more foreign investment, thanks to an improved economic climate”, reported

Confidence of Central American Entrepreneurs Drops

March 2009

Given the current economic climate, distrust and pessimism has taken over Central American Business.

El Salvador published on its website: "While there are very particular circumstances in each country, a very promising future is not foreseen. One of the things that hinder economic development is the decline in credit and sales which has resulted in job losses.

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