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The economy of Central America is the eleventh-largest economy in Latin America, behind Brazil, Mexico, Argentina and Colombia. According to the World Bank, the nominal GDP of Central America reached 204 billion US dollar in 2010, as recovery from the crisis of 2009, where gross domestic product (GDP) suffered a decline to 3.8%. [1]
Cuba is not included in the list due to lack of economic data. Of the countries listed, some are not independent: Aruba is a constituent country of the Kingdom of the Netherlands, and Puerto Rico is a United States territory with special status and thus is measured separately from the U.S. by the World Economic Outlook.
This is a list of Latin American and Caribbean countries by gross domestic product (nominal) in USD according to the International Monetary Fund's estimates in April 2024 World Economic Outlook database. Cuba is not included in the list due to lack of economic data.
Two key global institutions say Latin America is the slowest-growing region of the emerging world, and faces this very troubling trend. New forecasts: Latin America’s economy will worsen in 2024 ...
The report by the U.N. Economic Commission for Latin America and the Caribbean (ECLAC) found that FDI, or income from cross-border asset purchases, surged 55% from 2021 to hit about $225 billion ...
Real GDP growth rates of Latin American and the Caribbean nations [1]; Rank Nation GDP growth rate (%) Year 1 Montserrat [a] 7.40: 2011 est. 2 Panama 5.40: 2017 est. 3 Nicaragua 4.90
The economy of Guatemala is a considered a developing economy, highly dependent on agriculture, particularly on traditional crops such as coffee, sugar, and bananas. [16] Guatemala's GDP per capita is roughly one-third of Brazil's. [17] The Guatemalan economy is the largest in Central America. It grew 3.3 percent on average from 2015 to 2018. [18]
The biggest economic story of the post-pandemic period has been inflation. It's a narrative that, at first, had two clear phases. First came the breakneck acceleration in price growth amid ...