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Panamanian economy keeps rolling

Thursday, May 8, 2014


 

For the remainder of the year, Panama's economy will grow at 7% , more than any other country in Latin America or the Caribbean, according to data published last month by the Economic Commission for Latin America and the Caribbean.

Nicaragua ranks second in Central America and fifth in the overall list, with anticipated growth of 5%.

El Salvador comes last in Central America, at just over 2%.

The only country in which economic growth is predicted to decline is Venezuela.

The report presents growth prospects for 33 countries Latin America and the Caribbean, based on economic performance in 2013 and the first quarter of this year (figures reflect the position in the overall ranking of each Central American country).

1. Panama (1)
2. Nicaragua (5)
3. Costa Rica (12)
4. Guatemala (14)
5. Honduras (17)
6. El Salvador (21)