Transport and Services Boost Economic Activity

In January, the economic activity in Guatemala reported a 3.4% increase regarding the same month in 2018, mainly because of the performance of Transport and Private Services.

Tuesday, March 12, 2019

The Bank of Guatemala Report states that "... The economic activity measured by the estimation of the IMAE in January 2019, showed a 3.4% growth rate (1.2% in January 2018).

The described behavior was influenced by the growth shown by the following economic activities: Transportation, storage and communications; Private services; Manufacturing industries; and Agriculture, livestock, hunting, forestry and fishing.


On the other hand, the cycle-trend series registered a 3.4% year-on-year growth rate, more dynamic than the observed in the same month of the previous year (2.7%)."


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More on this topic

Trade and Agriculture Boost Economic Activity

November 2019

In September, the IMAE in Guatemala registered a 4.2% inter-annual variation, influenced by wholesale and retail trade activities, and Agriculture, livestock, hunting, forestry and fishing.

The economic activity measured by the estimation of the IMAE, in September 2019, showed a 4.2% growth rate, variation that is greater in comparison to the 3.6% registered in the ninth month of 2018, explains the report of the Banco de Guatemala.

Private Services Dynamize Economic Activity

December 2018

During October, economic activity in Guatemala reported a 3.3% increase over the same month in 2017, mainly because of the performance of private services and wholesale and retail trade.

The Banco de Guatemala (Banguat) reported that the economic activity according to the IMAE estimation, in October 2018, showed a 3.3% growth rate (3.7% in October 2017).

Nicaragua: Economic Activity Up 4.9%

July 2017

In April, the monthly index of economic activity registered a year-on-year growth of 4.9%, slightly lower than the variation of 5% registered in the same month in 2016.

From a report by the Central Bank of Nicaragua:

In May, the monthly index of economic activity (IMAE) grew by 4.9 percent in relation to May 2016 and similar growth was seen in the average annual variation (4.9%). For its part, growth accumulated in the January-May period was 5.8 percent. [GRAFICA caption = "Click to interact with graphics"]

Costa Rica: Economic Activity Up 3.8% up to January 2017

March 2017

Services and manufacturing were the sectors that accounted for most of the inter annual increase of almost 4% in the IMAE up to January this year.

From a report by the Central Bank:

Economic activity, as measured by the trend cycle of the Monthly Economic Activity Index (IMAE) in January 2017 registered an annual rate of 3.8%, lower by 0.7 percentage points (pp) compared to the same month in the previous year. [GRAFICA caption = "Click to interact with graphics"]

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