A. M. 
Through the Regional Economy Report 2023-2024 of the Secretaría de Integración Económica Centroamericana (SIECA) it is projected that for emerging markets and developing economies the Central American region will reach a growth of 5.6% in 2024, surpassing the global average. It should be noted that this report was prepared through the Centro de Estudios para la Integración Económica (CEIE), in collaboration with the Secretaría Ejecutiva del Consejo Monetario Centroamericano (SEMCA) and the Executive Secretariat of the Consejo de Ministros de Hacienda o Finanzas de Centroamérica, Panamá y República Dominicana (SECOSEFIN).
Despite global challenges, Central America maintains a positive dynamic compared to other regions. According to the report’s estimates, growth for Central America and the Dominican Republic (CARD) will be even higher, reaching 6.4% in 2024 and 5.4% in 2025, driven by economic integration policies and improved regional production.
World trade showed signs of slowing due to the moderation of advanced economies, which will grow by only 3.1% in 2024, in contrast to the performance of emerging markets, which will experience growth of 4.3%. In Latin America and the Caribbean, growth will be 4.5% in 2024, before slowing to 3.4% in 2025. In contrast, the volume of exports worldwide will only increase by 2.5% in 2023, the lowest figure in the last 50 years due to the slowdown in global production and tensions in supply chains.
Central America, unlike other regions, has managed to maintain a sustained pace of expansion, thanks to its strong trade integration and the resilience of its economies in the face of global fluctuations. Projections for 2025 estimate growth of 5.2%, consolidating its role as one of the most dynamic regions in Latin America.
This positive economic outlook is due, in large part, to the work of the regional finance and economic secretariats, which have promoted initiatives to address global challenges and promote sustained growth in the region.
