According to the Preliminary Overview of the Economies of Latin America and the Caribbean 2024 of the Economic Commission for Latin America and the Caribbean (ECLAC), Central America and Mexico achieved economic growth of 2.1% in the second half of the year. Despite this slowdown, the region continues to show a positive performance compared to other economic sectors.
The current situation does not prevent Central American countries from continuing to move towards recovery, with key sectors such as agriculture, trade and manufacturing maintaining their dynamism at various levels.
Although some countries in the region, such as the Dominican Republic, continue to show outstanding results, the effects of the global economic slowdown have generated adjustments in the economic activity of several Central American countries. Public policies focused on stability and investment could be key to strengthening the local economy in the near future.
Despite global challenges, Central America’s economic growth remains relatively robust, with a projection of stabilization in the coming months. Expectations for the second half of the year remain positive, with moderate growth in several industries.
Although the region faces certain challenges, sustained growth of 2.1% by 2024 is a reflection of Central America’s resilience and ability to adapt to global economic fluctuations. Policies focused on competitiveness and international cooperation will remain key to maintaining this momentum.