Honduras: Economic Outlook up to June 2017

In the first quarter, GDP recorded a year-on-year increase of 5%, driven mainly by the performance of agricultural and manufacturing production.

Wednesday, June 21, 2017

From the report "Economic Pulse June 2017" by the Central Bank:

- As of June 8, 2017, the balance of credit to the private sector was L253,360.9 million. The balance of credit to the private sector was L253,360.9 million (48.1% of GDP) as of June 8, reporting a year on year increase of  L21,330.3 million (9.2%). The behavior was mainly derived by an increase in national currency of L20,558.4 million (12.9%); Also, in foreign currency the increase was L771.9 million (1.1%).

- Gross Domestic Product grew by 1.7% in the first quarter of 2017. The Honduran economy in the first quarter of 2017, presented a quarterly variation of 1.7%, compared to the same period in the previous year, there was a year-on-year growth of 4.9%, indicating dynamism in economic activity, propitiated by the performance in agricultural and manufacturing production.

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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%.

Costa Rica: GDP Up 3.2% in 2017

April 2018

The increase reported at the end of the fourth quarter of 2017 is mainly explained by higher spending on final household consumption and higher gross capital formation.

From a report by the Central Bank of Costa Rica:

In the fourth quarter of 2017, economic activity, measured by the trend of the real Gross Domestic Product (GDP), grew at an annualized rate of 3.2%, in response, mainly, to higher spending on final household consumption and in gross capital formation.  In the year-on-year comparison, production registered a growth of 3.1%.    

Costa Rica: GDP to Second Quarter Up 3.5%

October 2017

Although the Gross Domestic Product recorded an increase in the second quarter of the year, the growth rate of private consumption declined and corporate investment fell by around 11%.

From a report by the Central Bank of Costa Rica:

In the second quarter of 2017, economic activity, measured by the trend cycle of real GDP, grew at an annualized rate of 3.5%, reflecting higher external demand as well as the positive contribution of final consumption, both on the part of households and the Government. In a year-on-year comparison, production increased by 4.0%.  

Nicaragua: Quarterly GDP Up 4.3%

October 2017

The 4.3% YoY quarterly growth in the GDP is explained by an increase in production of livestock, hotels and restaurants, financial intermediation and agriculture.

From a statement issued by the Central Bank of Nicaragua:

The Central Bank of Nicaragua (BCN) published on October 2, 2017 results of economic activity corresponding to the second quarter of 2017. According to the quarterly report on the Gross Domestic Product (GDP), released by the issuing entity, the Nicaraguan economy grew by 4.3 percent year-on-year and 4.8 percent annual average; with growth in the first half of the year at 5.4 percent.

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