Guatemala: Cautious Projections for 2010

The Central Bank of Guatemala (Banguat), expects economic growth to fall between 1.3% and 2.1%.

Monday, January 4, 2010

Its forecast is based on good results by the agricultural sector, which could grow 2.5%, up from 1.7% in 2009.

"The bank also expects recovery in commerce and mining (2% and 0.7% respectively). Construction is expected to remain negative at -7.1%, albeit better than in 2009, when it dropped -13.4%", reported Prensalibre.com.



More on this topic

Economy: Predictions Reserved for the Region

July 2019

The outlook for some economies in the region for 2019 is not the best: in Nicaragua GDP is expected to fall between 5% and 7%, while in Costa Rica the growth estimate at the end of the year was reduced from 3.2% to 2.2%.

The estimates of the Nicaraguan Foundation for Economic and Social Development (Funides), presented in its "Informe de Coyuntura - Julio 2019", indicate that by 2019 an economic contraction of between 5.4% and 6.8% will be reported in the country.

Prospects for Nicaragua's Economy

August 2014

The Central Bank has cut its growth forecast for GDP for the year to 4% - 4.5% and expects inflation to be between 6.55% and 7.5%, higher than initially expected.

From the executive summary of the report "State of the Economy and Prospects, First Semester 2014":

At the end of the first half of the year, the Nicaraguan economy is maintaining positive growth rate, mainly driven by external demand and improved terms of trade.

The Consistency of the Panamanian Economy

November 2012

The end of 2012 will show that Panama’s growth during the year will be close to 10%, and forecasts of the Chamber of Commerce are that in 2013 it will go up by another 8%.

Regarding the projections for this the year end, Manuel Ferreira, chief economist of the Chamber, said, "We estimated at the beginning of the year a growth of 8%, and it grew to 9.5%."

Panama As Seen by the IMF

November 2012

The annual increase gross domestic product in real terms averaged about 9% in the last five years, the highest in Latin America.

A statement from the IMF reads:

IMF Concludes Mission to Panama on Article IV Consultation

Press Release No. 12/452

November 20, 2012

A mission from the International Monetary Fund (IMF), led by Corinne Delechat, visited Panama from 6th to 16th November in order to perform the annual consultation of Article IV.1 At the end of the mission, Ms. Delechat issued the following statement in Panama City:

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