Panama will lead the growth in the region in 2016

marzo 9, 2016 4:01 pm Publicado por 6.361 Comentarios


It is estimated that this year, in terms of Gross Domestic Product (GDP), Panama obtain a result of 6.3%

Panama won a 1.0% inflation last year and it is estimated that this 2016 will fall by 2.0%; in terms of Gross Domestic Product (GDP), the country managed to obtain in 2015 a score of 6.0% and this year is expected to rise by 6.3%, according to the International Monetary Fund.

As established in Latam Datanalisis quarterly report that analyzes the strength of economic activity and the main macroeconomic indicators in nine countries in the region at the end of 2015 and its projection to 2016.

Among the primary expectations 2016 for Panama, is the culmination of an expanded Canal waterway through which passes a large percentage of world trade, which will allow the country’s revenues improve.

Meanwhile, Colombia closed 2015 with an accelerated depreciation of the Colombian peso, which gained a fall of 31.6% of its value against the US dollar. Some factors that weakened the position of the Colombian currency internationally associated with the progressive increase in interest rates and falling US reference oil.

For 2016, although Colombia has solid macroeconomic indicators against the overall market, to control inflation and boost growth will be an arduous task.

In Costa Rica, the economic activity index shows an annual improvement of 2.83%. This increase is the largest in 2015, reflecting growth in sectors such as manufacturing, with 1.30%. Farming, meanwhile, was the most affected, with a negative 4.11% rate.

In terms of macroeconomic indicators El Salvador, a report by the Central Bank indicates an increase of 2.5% of GDP, an increase in foreign direct investment in $ 655 million and an increase in exports of 4.8%.

One of the biggest concerns in this 2016 to Guatemala remains the institutional turmoil in 2015 and the decline in commodity prices, affecting the mining sector. However, there is hope in exports and remittance flows in public institutions. The Central Bank projected that by 2016 there is an increase of 1.8% in the mining sector which differs from 6.6% in 2015.

Note that the Honduran economy is achieving increased investment in the acquisition of machinery and equipment, mainly photovoltaic solar energy, and has good pace in the construction sector. However, by 2015 there was a decrease in investment in agricultural plantations and depletion of stocks in companies.

Indicators in Nicaragua contends that its international reserves position is on the rise, reaching 9.5% to $ 2,518.2 million in December 2015. Fitch Rating awarded the rating B + sovereign long term debt with a stable outlook.

Also, Fitch Ratings reported that Dominican Republic robust growth in 2016 and 2017 with growth of 5.1%, of the increase would be at the low price of oil during 2015. To sustain low inflation and higher growth emerges , you will need to reduce energy dependence.

Estimates of international organizations located at 2015 and 2016 as years of deep recession in Venezuela. By 2016, the World Bank forecasts a fall of 4.8%, while the International Monetary Fund estimated in its latest outlook report a deterioration of 6.0%. Both point to the significant pressure in the country by falling oil prices, which evidenced their results in a drop in inflows in the balance of payments.

Globally there are some important to analyze in this 2016, including the weakness of commodity prices, slowing growth in China and the recovery of the US economy aspects.


Inflation Report

Inflation in Panama reached just 1.0% last year.

2.0% is the inflation rate is expected for the 2016 Panama, according to the International Monetary Fund.


Categorizado en:

Esta entrada fue escrita porWebmaster PMC Asset Management

6.361 comentarios