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.
In the first nine months of this year, the country received $4.159 million in remittances, surpassing in 4% what was reported in the same period of 2018.
During September the country recorded $459 million in remittances, more than the $429.3 million received in the same month in 2018.
Private services, manufacturing industries and wholesale and retail trade explained part of the 3% year-on-year increase reported in gross GDP in the period from April to June 2019.
Financial intermediation, insurance and auxiliary activities, and Construction were other economic activities contributing to the growth of the Gross Domestic Product for the quarter in question.
From January to September 2019, family remittances to Guatemala totaled $7.748 million, 14% more than in the same period in 2018.
The most recent figures from the Bank of Guatemala (Banguat) indicate that in September 2019 the country received remittances of $892 million, 20% more than the $745 million recorded in the same month in 2018.
In the first nine months of the year, Salvadoran purchases abroad that make up the oil bill totaled $1.122 million, 9% less than the amount reported in the same period of 2018.
The oil bill is composed mainly of gasoline ($341.7 million), diesel ($307 million), liquefied gases and propane ($171 million) and fuel oil (Bunker C) with ($133.2 million), informed the Central Reserve Bank (BCR).
Up to July of this year, economic activity in the country grew 2.8%, slightly higher than the 2.5% recorded in the previous month.
The economic activities highlighted for their contribution to the overall result of the indicator were: Financial Intermediation, Insurance and Pension Funds, Post and Telecom, Commerce and Manufacturing Industry, as well as Private Construction and Electricity and Water, reported the Central Bank of Honduras.
After recording a 1.4% year-on-year variation in July, in August the IMAE varied by 1.6%, again explained by the performance of the special regimes manufacturing sector.
The growth of the Monthly Economic Activity Index (IMAE) in August was driven by the production of special regimes (free zone and active perfecting), which grew at a 12.6% year-on-year rate, informed the Central Bank of Costa Rica.
In the first nine months of 2019, 4,715 companies were closed, 13% more than the total number of companies closed during the whole of 2018, which could be because of the entry into force of the Personal Income Tax Law.
Since 2017, the year in which the Corporate Income Tax Law came into force, the number of corporations that closed their operations in the country began to increase.
In August, the IMAE in Guatemala registered a 3.7% year-on-year variation, influenced by wholesale and retail trade activities, and private services.
The economic activity measured by the estimation of the IMAE, in August 2019, showed a 3.7% growth rate, variation that is slightly lower compared to the 3.8% registered in the eighth month of 2018, explains the report of the Banco de Guatemala.
After the cargo movement in Panama grew 2% in 2018 compared to 2017, in the first eight months of 2019 the volume transported totaled 60.1 million metric tons, 10% more than in the same period last year.
The latest report of the General Comptroller of the Republic details that only last August reported a 22% year-on-year increase in cargo movement, rising from 6.7 million metric tons in the eighth month of 2018 to 8.2 million metric tons in the same period of 2019.
In the 2019 Global Competitiveness Index, Costa Rica, Panama, Guatemala, El Salvador, and Nicaragua fell back in the ranking, while Honduras registered no changes and the Dominican Republic was the only country that improved.
According to the report by the World Economic Forum, during 2019 Costa Rica ranked 62 out of 141 countries. It was followed by Panama at box 66, the Dominican Republic at 78, Guatemala at 98, Honduras at 101, El Salvador at 103 and Nicaragua at 109.
Although between January and September 2019, Nicaraguan exports grew 2% compared to the same period in 2018, businessmen say it is because of an atypical behavior of gold and fish sales, not a general improvement.
According to figures from the Center for Export Procedures (Cetrex), between January and September 2018 and the same period in 2019, sales of companies in Nicaragua abroad went from $2.075 million to $2.108 million.
For the third consecutive month, the inflationary rate in Guatemala decelerated, since the year-on-year variations reported by the Consumer Price Index during July, August and September, were of 4.4%, 3% and 1.8%, respectively.
The most important inflation levels in September 2019 are as follows: monthly inflation of -0.58%, inflationary rate of 1.80% and accumulated inflation of 1.63%, according to the National Statistics Institute (INE).
From January to August of this year, the country received $3.791 million in family remittances, an amount 12% higher than that reported in the same period in 2018.
According to figures from the Central Bank of Honduras, between the first eight months of 2018 and the same period this year, the flow of family remittances grew by $391 million, from $3.4 billion to $3.791 billion.
After the first semester of 2018 reported a 29% year-on-year fall in the flow of Foreign Direct Investment, in the period from January to June 2019 the increase was 52%.
During the first semester of 2019, El Salvador received $435.9 million in net Foreign Direct Investment (FDI), which allowed it to surpass by far the historical average of the last ten years, informed the Central Reserve Bank.
O4Bi is a system that allows to control and manage what a company needs: the complete process of development of works, accounts receivable, treasury, banks, sales and accounting.
O4Bi is a very robust system that allows to control and...
Recognized Brazilian company of backhoe loaders, telescopic, articulated and other types of cranes looking for companies interested in representing the brand and distributing their machinery in Central America and Mexico. The company manufactures and sells telescopic,...
Operating Company dedicated to the manufacture of gluten-free and sugar-free products, OHNE brand. The OHNE brand has 8 product lines: square bread, sweet...
español
4230