Displaying items by tag: GDP

The Banco Central de Reserva (BCR) announced that El Salvador closed february 2024 with an inflation rate of 0.80%.

Published in Finances

The World Bank reports that closing the gender gap in employment could increase gross domestic product (GDP) per capita in the long run by an average of nearly 20% across all countries.

Published in Finances

According to rating agency JP Morgan, data has been generally upbeat in recent months in El Salvador, showing disinflation, positive fiscal accounts performance and, more recently, increasing signs of acceleration in the economy.

Published in Finances

In a morning interview, economics expert, Cesar Villalona, explained that in a report of the Banco Central de Reserva of the first 3 months of 2023 reflects that the economy has a recessive growth of 0.8%, El Salvador's economic growth depends on private investment.

Published in Economy

The report Tax Statistics in Latin America and the Caribbean 2023, reveals that the average tax revenue as a percentage of Gross Domestic Product (GDP) increased 0.8 percentage points in 2021, to reach 21.7%, which is the same level as in 2019, prior to the COVID-19 pandemic.

Published in Economy

International tourism, especially in the Latin American region, is advancing at a good pace and will exceed pre-pandemic levels, according to the World Travel and Tourism Council (WTTC).

Published in Economy

The Gross Domestic Product (GDP) of Latin America and the Caribbean will only grow 1.4% in 2023 according to William Maloney, chief economist of the World Bank and explains the challenges facing the region.

Published in Economy

The International Monetary Fund (IMF), explained that Latin American economies held up well last year despite shocks stemming from the Russian invasion of Ukraine and global interest rate hikes.

Published in Finances
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The World Bank explained that after a 6.9% rebound in 2021, the regional economy grew 3.6% in 2022 and is expected to grow 1.3% in 2023.

Published in Economy

To alleviate the impact of food insecurity and a historic level of inflation in Central America and the rest of the countries in the region have approved policy responses for an amount equivalent, on average, to 1.1% of their gross domestic product (GDP).

Published in Breaking News
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