In the context of the health and economic crisis that the country is suffering, between 2019 and 2020 the average income per household decreased by 12%, and the incidence of poverty increased from 21% to 26%.
The average income per household according to the 2020 National Household Survey (Enaho) is ₡891,934 per month ($1,487), which represents a variation of -12.2% from the previous year, when it was at ₡1,016,358 ($1,694).
During 2019, the proportion of households living in poverty in the country remained at 21%, which is identical to the percentage reported in 2018.
According to the National Household Survey 2019, prepared by the National Institute of Statistics and Censuses, per area of residence, urban poverty reaches 19.8% of households, while rural poverty reaches 24.2%, both values without significant changes with respect to 2018.
After July's Monthly Manufacturing Activity Index in the Dominican Republic registered a 12% year-on-year increase, August reported a 5% drop with respect to the same month in 2018.
Regarding the year-on-year variation, the report details that the Monthly Manufacturing Activity Index (IMAM), prepared by the Dominican Republic Industries Association (AIRD), decreased from 64.6 in July to 60.1 in August.
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.
The State of the Nation 2018 Report explains that during 2017 and the first months of 2018 the progress of Costa Rica's economy has been adverse and, in the short term, the prospects for economic opportunities, solvency and stability are negative.
Most of the drivers of Costa Rica's economy have declined in recent months, resulting in Costa Rica going through a period of multiple economic and political risks.
The number of households living in poverty increased by 1.1% between 2017 and 2018, increasing from 20% to 21.1% of the population.
Households living in poverty by poverty line (LP) represent 21.1% of the country's total, 1.1% more than the figure recorded in 2017. According to the National Institute of Census and Statistics, this increase is statistically significant.
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%.
Between December 2016 and the same month in 2017, the Industrial Activity Index registered a contraction of close to 1%, explained in part by the performance of the food and mining sectors.
The Industrial Activity Index prepared by Central American Business Intelligence (CABI), uses historical information from the year 2012 and takes into account 14 industrial sectors.
The IMAE registered an increase of 3.1%, mainly explained by the activities of Financial Intermediation, Insurance and Pension Funds, the manufacturing industry and commerce.
From a statement issued by Banco Central de Honduras:
May 14, 2018.As of March 2018, the Monthly Index of Economic Activity (IMAE), indicator of national production, registered an increase of 3.1% (5.7% in the same period in 2017).By order of contribution, said behavior was driven by the activities of: Financial Intermediation, Insurance and Pension Funds; the Manufacturing industry; Commerce; Mail and Telecommunications; Transportation and Storage; and Construction.
In the first quarter of 2018, the economy recorded a 6.4% Yoy growth, explained by the performance of free trade zone activity and construction.
The Central Bank of the Dominican Republic reported that "...The Dominican economy recorded a year-on-year expansion of 6.4% in the January-March 2018 quarter, maintaining the rate of growth above its potential, following monetary easing measures implemented as of August 1st of last year."
According to business sector estimates, this year the Panamanian economy will grow around 5.4%, below the rate of 6.5%, considered optimal.
The Center for Economic Studies at the Chamber of Commerce, Industries and Agriculture of Panama (CEECAM), has prepared a study detailing Panama's economic performance, a review of sector indicators and economic and business expectations.
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%.
The slowdown in GDP growth continuing on from the first quarter of last year is mainly due to moderation of final consumption on the part of households.
From a report by the Central Bank of Costa Rica:
In the second quarter of 2017, economic activity, measured by the trend cycleof the real Gross Domestic Product (GDP), grew at an annualized rate of 2.8%, a result that, although positive, maintains a deceleration trend which began in the first quarter of the year that is mainly associated with a moderation in the final consumption of households. In the year-on-year comparison, production registered a growth of 3.1%.
Between January and July, the monthly index of economic activity registered a 6% increase compared to the same period in 2016, mainly explained by transportation, construction and electricity.
From a report by the Comptroller General of the Republic.
The Monthly Index of Economic Activity (IMAE) in the Republic, for the accumulated period of January - July 2017, grew by 5.85%, compared to the same period in 2016.
Fusades' most recent report points to the loss of 33,000 formal jobs between November 2016 and March this year, the second biggest drop in the last 25 years.
From the report by Fusades:
At the end of 2016 and early in 2017 there is clear deterioration in the country's economic conditions, which was reflected in the loss of 33,110 formal jobs between November 2016 and March 2017 and in the default of public debt in April 2017.
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