ECONOMY
Guatemalan Economy According to the IMF
Jun-11-21 | For the international organization, during 2020, Guatemala's economy showed resilience, since in the context of the crisis caused by the Covid-19 outbreak, the GDP contracted only 1.5%.
Unemployment in Costa Rica is Still Falling
Jun-3-21 | During the February to April 2021 quarter, the unemployment rate rose to 17.3%, a level that is lower than the 18.7% reported during the first three months of the year, a decrease that is reported in the context of the economic reactivation.
Panamanian Economy Falls 6%
May-28-21 | During March 2021, the Monthly Index of Economic Activity registered a -6% year-on-year variation, a decrease that is attributed to the effects of the sanitary emergency caused by Covid-19.
Optimism for Costa Rica's OECD Membership
May-18-21 | After the Legislative Assembly ratified the country's accession to the Organization for Economic Cooperation and Development, the business sector is of the opinion that this will help consolidate the institutional reforms needed to make the State more efficient.
Honduras: Economic Activity Grows 13%
May-17-21 | During March 2021, the Monthly Index of Economic Activity reported a variation of 13% when compared to the levels reported in the same month of 2020, a period that was marked by the closure of the economy due to the pandemic.
Business: Optimism in Guatemala
May-14-21 | In the I Quarter of 2021, 58% of businessmen reported stability in employment, while 36% reported better economic conditions compared to the same period in 2020.
Guatemala: Economic Activity Grows at 7%
May-7-21 | In March 2021, the Monthly Index of Economic Activity reported a 6.9% increase over the level recorded in the same month of 2020.
Guatemala: Economic Recovery and Forecasts
May-5-21 | According to the IMF, the local economy is well positioned to support the recovery and overcome the deterioration of social indicators, which worsened due to the pandemic caused by the Covid-19 outbreak.
Nicaragua: Economic Growth Slows Down
May-3-21 | After in January 2021 the Monthly Index of Economic Activity in the country registered an year on year increase of 0.7%, in February a lower growth was registered, which amounted to 0.2%.
Costa Rica: Commercial Activity Limited
Apr-30-21 | In order to mitigate the effects of the pandemic, local authorities decided that from Monday, May 3 through Sunday, May 9, all commercial establishments operating in the cantons of the Central Region and which are not classified as essential, must close to the public.
Economy: How to Overcome the Recession?
Apr-26-21 | Reducing costs and barriers to foreign trade in Central American economies is key for the region to overcome the economic recession caused by the outbreak of Covid-19.
Honduran Economy is Still Recovering
Apr-19-21 | After in January 2021 in the context of the crisis caused by the pandemic, the Monthly Index of Economic Activity at the national level reported a 6% decrease in year on year terms, in February a smaller drop was registered, amounting to 3.5%.
Business: Panama Relaxes Restrictions
Apr-15-21 | As from April 19, the curfew nationwide will be from 12:00 midnight to 4:00 a.m. the following day, the opening of bars with outdoor terraces and the holding of sports activities with the public will be allowed.
Costa Rican Economy Remains in Crisis
Apr-12-21 | During February 2021, economic activity fell 4.7% in year-on-year terms, a drop that evidences that the economic crisis caused by the covid-19 outbreak continues to affect Costa Rica.
Costa Rica: Unemployment Rate Falls to 18.5%
Apr-9-21 | For the mobile quarter from December 2020 to February 2021, the unemployment rate in the country decreased to 18.5%, a proportion that is slightly lower than the 19% reported for the period from November to January last year.
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