Any data model in Big Data must be designed and developed to meet the needs of the business, and for this, it is necessary to know the objectives and goals of the organization, so that it effectively has the necessary functionalities to facilitate the decision-making process in the company.
During 2020 in all countries of the region, construction activity decreased considerably and Central American cement imports stagnated, this adverse scenario is explained by the economic crisis generated by the pandemic.
The construction industry statistics system, which is part of the interactive platform "Construction in Central America" of CentralAmericaData's Business Intelligence area, compiles the most important industry data for each of the countries in the region.
At the end of 2020, Honduras, Nicaragua, Guatemala and El Salvador remained at the bottom of the Human Development Index ranking, while Costa Rica and Panama were better evaluated.
The report entitled The Next Frontier, Human Development and the Anthropocene, which was published on December 15, 2020 at the global level, updates the Human Development Index (HDI) that is calculated by the United Nations Development Program (UNDP).
According to IMF forecasts, Panama and El Salvador are the economies that in 2020 will report the worst falls in their production, while Guatemala would be the country in the region that would emerge best from this economic and health crisis.
Due to the severe economic crisis generated by the covid-19 outbreak, the economic growth projections calculated by international organizations are not at all encouraging for Central America.
In the last five years, pork consumption in Central America increased 42%, from 197,000 tons in 2014 to nearly 279,000 tons in 2019, growth that was boosted by the Salvadoran and Honduran markets.
Figures from the "Pork Market Snapshot" prepared by the Trade Intelligence Unit of CentralAmericaData, detail that in the last two years’ regional consumption of pork registered a 3% increase, since between 2018 and 2019 it is estimated that demand in Central America rose from 270 thousand metric tons to 279 thousand tons.
In the context of the health crisis and home quarantine, the average daily consumption in the country is about 18 GWh, which is 25% less than that reported prior to the outbreak of the virus.
Data from the Transaction Unit (TU) indicate that between the levels reported in February and the demand registered from March 23 to April 3, consumption has fallen from 19.6 GWh to 15 GWh on average.
Last year in El Salvador, net premium income totaled $702 million, 6.8% higher than in 2018.
Directors of the Salvadoran Association of Insurance Companies (ASES) explained that between 2018 and 2019 net premium income increased by $44 million, from $658 million to $702 million.
During the first two months of the year, the country's foreign sales totaled $1,015 million, 7% more than the amount reported for the same period in 2019, a rise that is largely explained by the behavior of manufacturing industry exports.
The manufacturing industry, including maquila, exported $974.9 million with a 6.1% annual growth, equivalent to $56.4 million more compared to the same period in 2019, reported the Central Bank.
In the last five years, beef consumption in Central America increased 4%, from 335,000 tons in 2014 to about 347,000 tons in 2019, growth that was boosted by the Salvadoran and Honduran markets.
Figures from the "Beef Market Snapshot" prepared by the Trade Intelligence Unit of CentralAmericaData, detail that in the last two years’ regional consumption of beef registered a slight increase, since between 2018 and 2019 it is estimated that demand in Central America rose from 341 thousand metric tons to 347 thousand tons.
During January, the country received $425 million in family remittances, 6% more than in the same month in 2019.
Economic growth and employment in the United States are two determining variables in the income of family remittances, since their performance influences the economy of those who send remittances to Salvadoran households. In this sense, economic growth in the fourth quarter of the United States for 2019 was 2.1%, according to an official report.
Foreign sales by Salvadoran companies slowed for the second consecutive year, as between 2017 and 2018 the year-on-year growth rate fell from 6% to 3%, and by 2019 a rise of just 0.7% was recorded.
Exports from El Salvador at the end of 2019 reached US$5,943.3 million with a year-on-year growth of 0.7% and 4.7% in terms of volume compared to 2018, informed the Central Reserve Bank.
Last year the country received $5.65 billion in family remittances, which is 5% more than the amount reported in 2018.
In 2019, the central zone of the country received 36.6% of total remittances, equivalent to $2,069.7 million, followed by the eastern zone with 32.1%, or $1,811 million.
Salvadoran authorities estimate that the income left by tourists who visited the country last year reached $1.777 billion, 16% more than that registered in 2018.
Estimates made by the Ministry of Tourism (MITUR) indicate that between 2018 and 2019 the number of tourists visiting El Salvador increased by nearly 4% from 2.5 million to 2.6 million.
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...
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