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Central America does better than most in growth

Wednesday, October 3, 2012

Central America's economy could grow by up to 4.4 percent this year, according to the latest report by the Economic Commission for Latin America and the Caribbean.

The number is considerably higher than the 3.2 percent growth prediction for Latin America. Eclac indicated that economic growth in the region has been affected by a weakened global economy, which in turn has affected investment to the region.

Panama will lead growth in Central America, with 9.5 percent, followed by Costa Rica and Nicaragua, both with 5 percent; Guatemala with 3.5 percent and El Salvador with 2 percent.

Full story (in Spanish)