Guatemala: GDP Up 3.4% in Second Quarter of 2016

Manufacturing, trade, and financial intermediation accounted for most of the growth in Gross Domestic Product (GDP).

Friday, October 7, 2016

From a report by the Bank of Guatemala:

In the second quarter of 2016, economic activity measured by the estimate of real gross domestic product, grew by 3.4% (similar to that recorded in the second quarter of the previous year), driven mainly by the dynamism observed in private consumption spending. 

As for the measurement of GDP by origin of production, the most noteworthy growth was recorded in Manufacturing activities: Wholesale and retail trade; financial, insurance intermediation and auxiliary activities; Private services; and Agriculture, farming, forestry and fishing activities which together accounted for about 70% of the growth rate of GDP in the quarter under review.

See full "Quarterly Report on Gross Domestic Product". (In Spanish)



More on this topic

Panama: GDP Up 3% in II Quarter 2018

September 2018

During the second quarter of 2018 the constant Gross Domestic Product totaled $10,084 million, 3% more than was reported in the same period in 2017.

The activities related to the domestic economy that performed positively in this quarter were: transport and communications, financial intermediation, trade, government services, health and education. On the other hand, construction activities, mines and quarries, hotels and restaurants, other community and personal activities presented negative behavior, informed the Comptroller General of the Republic.

Costa Rica: Quarterly GDP Up 3.4%

July 2017

In the first quarter of the year, household final consumption and private construction investment accounted for most of the annualized 3.4% increase in GDP.

From a report by the Central Bank of Costa Rica:
 
In the first quarter of 2017, economic activity, measured by the cycle trend of the real Gross Domestic Product (GDP), grew at an annualized rate of 3.4%, mainly reflecting higher final household consumption expenditure and to a lower extent, an increase in investment in private construction, since external demand showed a moderation in its growth.

Panama: GDP Up 5.2% in June 2016

September 2016

In the first quarter the economy grew by 5.2% compared to the same period in 2015, driven internally by the activities of financial intermediation and construction.

From a statement issued by the General Comptroller:

The performance of the Panamanian economy in the second quarter of 2016, measured by Gross Domestic Product Quarterly (PIBT), showed an increase of 5.2 percent compared to the same period last year. The PIBT valued at 2007 prices (in chained volume measures), recorded an amount of B/.9,191.8 million for the estimated quarter, which corresponds to an increase of B/.450.7 million compared to the same quarter in 2015.  

Panama: Third quarter GDP Up 6%

December 2015

In the third quarter the Panamanian economy grew by 5.6% compared to the same period in 2014, driven by the financial and construction sectors.

From a report issued by the National Institute of Statistics and Census:

The performance of the Panamanian economy in the third quarter of 2015, measured by Quarterly Gross Domestic Product (PIBT by its initials in Spanish), showed an increase of 5.6 percent compared to the same period last year. The PIBT valued at 2007 prices (in chained volume measures), recorded an amount of B / 8954.7 million for the estimated quarter, which corresponds to an increase of B / 474.9 million compared to the same quarter in 2014.

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