Low growth of the local economy, low generation of formal jobs, deterioration of fiscal indicators derived from the rise in the deficit and public debt, are some of the factors that have been reported during 2018.
The Salvadoran Foundation for Economic and Social Development (Fusades) presented the Economic Situation Report up to November 2018, in which an analysis of the country's situation is presented.
In February, the annual growth rate of economic activity was 2.2%, making this the tenth consecutive month of slowdown.
From a statement issued by the Central Bank of Costa Rica (BCCR):
In the first two months of 2015 the country's production, measured by the cycle trend of the Monthly Index of Economic Activity, grew by 2.4% (3.5% in the same two months in 2014). The annual rate in February was 2.2% (3.7% in February-14).
The fastest growing sectors were transport and communications, with 7.4%; personal and business services with 5.9%; trade, hotels and restaurants, 5.5%; Manufacturing 5%, and agriculture, 4.4%.
From a statement issued by the Central Bank of Nicaragua:
The Central Bank of Nicaragua (BCN) wishes to make public knowledge that it is expected that economic activity in the country at the close of 2014 grew by 4.7% (4.5% in 2013) as a result of more buoyant demand and aggregate supply.
The economy registered a growth of 3.9%, mainly due to the performance of the sectors of Insurance and Pension Funds, Agriculture and Manufacturing.
From a report by the Central Bank of Honduras:
In January 2015, the national economy, monitored through the Monthly Index of Economic Activity (IMAE) in the original series, recorded annual change of 3.9% (1.8% in the same month in 2014).
In the first month of the year, the economy grew by 5.8%, driven mainly by the sectors of fisheries, transport, storage and communications and construction.
From a report issued by the Comptroller General of the Republic:
The Monthly Economic Activity Index (IMAE) in the Republic, up to January 2015, measured in terms of the original series in 1996, saw prices grow by 5.8% compared to the same period in 2014.
The Central Bank has confirmed the decline in domestic demand mainly in agriculture, trade, hotels and restaurants, and transport and storage.
From a statement issued by the Central Bank of Costa Rica (BCCR):
The country's economic activity, measured by the cycle trend of the Monthly Index of Economic Activity (IMAE), recorded a variation of 2.9% in January 2015, 0.4% lower than that observed a year earlier when production grew by 3.3% and 0.7% lower than the average growth of the indicator in 2014 (3.5%).
Activities linked to the external sectors such as ports, air transport, financial, tourism, Canal services, and banana, melon and watermelon exports were the most dynamic.
From a report issued by the National Institute of Statistics and Census (INEC):
The National Institute of Statistics and Census (INEC) has estimated figures for Gross Domestic Product (GDP) at current prices and the total measurement at 2007 prices, by economic activity for the year 2014.
In 2014 the performance of most economic indicators was worse than that of 2013, with continued deterioration in public finances.
From a statement by the Salvadoran Foundation for Economic and Social Development (FUSADES):
In 2014 the performance of most economic indicators was lower than that of 2013, when growth was 1.7%; public finances continue to deteriorate, with a balance of the NFPS debt being 60.3% of GDP at the end of 2014.
The activities of mining, manufacturing and agriculture account for most of the growth projected by the Central Bank for 2014.
According to the preliminary report from the Bank of Guatemala, the economy will have grown by 4% by the end of 2014, and it is expected that in 2015 growth will be between 3.9% and 4.1%. It is expected that by the end of the year, exports will have increased by 7.7% compared to 2013.
The National Foundation for Development is predicting better economic performance in 2015 driven by FOMILENIO projects but warns of the need to adjust public spending.
From a statement issued by the National Development Foundation (FADE):
In 2014 the low growth in economic activity persisted. The IVAE recorded growth of 0.4% in September, indicating, with a very high probability that GDP growth will be below 2.0%.
The Central Bank projects that, as in 2014, private consumption will be driven by growth in remittances which will remain the main engine of the economy in 2015.
A statement of the Central Reserve Bank of El Salvador reads:
The President of the Central Bank, Dr. Oscar Cabrera, presented the latest results of various economic indicators of the country and the growth prospects for El Salvador for next year, said a spokesperson for the institution..
Economic activity grew by 4.3% at the end of the second quarter, with the sectors Agriculture and Private Services achieving the best results.
From the report by the Bank of Guatemala:
In the second quarter of 2014, economic activity measured by estimating real GDP showed a growth of 4.3% (4.7% in the same quarter of the previous year) as a result of the growth recorded by components in demand, among which were private consumption expenditure, recovery of investment in fixed capital and the observed growth in the volume of exports and imports of goods and services.
As in the past, fueled by transportation, storage and communications, construction, trade and tourism, the country is projected to reach economic growth of 11%.
A statement by the Presidency of Panama reads:
Panama will grow by double digits at the end of 2012 and continues to reduce its poverty and unemployment rate
• The Government continues to prioritize projects that improve quality of life for Panamanians
A report by Funides for August 2012 indicatges the national and international economic situation, growth projections from 2012 to 2014, road and energy investment needs, and a possible tax reform.
From the Executive Summary of the Third Report on economic conditions in 2012:
Economic activity continues to grow at a relatively high rate but lower than in 2010-11.
Analysis: "For the second half of the year, in general, slower growth of economic activity is expected in relation to the first six months of the year."
The Economic Update program run by Ecoanálisis has issued a report entitled ‘Economic Update of Costa Rica, August (2011)’.
Regarding events in the first half of 2011, the consultant said "the Costa Rican economy is characterized by a lighter recovery due to the contraction that persists in the construction sector and the rapid deceleration reflected in the high tech industry (IAT) ".