Nicaragua: Micro, small and medium enterprise development project

The Wordl Bank project supports the update of the Government’s Poverty Reduction Strategy under the National Human Development Plan, which has an emphasis on private sector development.

Sunday, March 30, 2008

During the past six years, Nicaragua has experienced macroeconomic stability with steady positive GDP growth, low inflation, stable exchange rates and declining interest rates. Foreign investment has climbed to levels not seen since the 1970s and annual GDP growth averaged 3.2 percent between 2001 and 2006. However, this level of economic growth is inadequate to ensure long term economic growth and poverty alleviation, and the sustainability of these positive tendencies is not clear. Growth in GDP per capita averaged only 2.1 percent between 2001 and 2006 and after remaining in the single digits between 2001 and 2005, consumer price inflation jumped to an estimated at 17 percent in 2007 (IMF), largely driven by high oil prices and the effect of Hurricane Felix.

More on this topic

Port-City of Limon Integrated Infrastructure Project

December 2007

Although Costa Rica continues to be regarded as a development success story, recent years have seen the emergence of significant challenges for sustained economic growth and poverty reduction.

Costa Rica still combines a long tradition of political stability with indicators that outstrip regional

Panama’s Education Challenge

July 2012

Panama is facing a challenge in achieving universal secondary education and improving the quality of the education system in order to boost worker productivity.

From an Executive Summary of the "Better jobs in Panama: the role of human capital", by the World Bank report:

Guatemala as seen by the IMF on March 2012

March 2012

Macroeconomic developments in Guatemala since 2010 have been broadly positive. Economic growth firmed up and was close to 4 percent in 2011, underpinned by buoyant exports and private consumption.

A staff team from the International Monetary Fund (IMF) visited Guatemala City during March 5–15, 2012 to hold discussions on the 2012 Article IV consultation with Guatemala.

El Salvador as seen by the IMF

January 2009

Like in other Central American countries, economic growth is expected to decelerate, on the back of the U.S. slowdown.

While real GDP growth rose to 4.7 percent in 2007, a record high in the last decade, it is expected to decelerate to 3.2 percent in 2008. However, the monthly economic activity indicator has signaled a mild but steady slowdown thereafter, reaching an average growth rate of 3.2 percent in the year to August.

 close (x)

Receive more news about Business and Investment

Suscribe FOR FREE to CentralAmericaDATA EXPRESS.
The most important news of Central America, every day.

Type in your e-mail address:

* Al suscribirse, estará aceptando los terminos y condiciones


Commercial Property on main road, Sarapaqui, Costa Rica

Properties for sale on main road from San Carlos to Port Limón.
Opportunity: - Four lots of 5,000 mts2 (50,000 ft2) on...

Stock Indexes

(Apr 17)
Dow Jones
-0.10%
S&P 500
0.14%
Nasdaq
0.23%

Commodities

(Apr 21)
Brent Crude Oil
108.88
Coffee "C"
205.8
Gold
1,285
Silver
19.380