The Americas Economy

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Chapter | Economy from The Report: Panama 2015

Panama’s sustained economic growth continued in 2014, with the economy expanding by 6.2%, according to the Ministry of Economy and Finance. The figure represented a slowdown from average annual GDP growth of 7.8% over the six years to the end of 2014 – including double-digit growth in 2011 and 2012 – and was partly due to the impact of a weaker global economy, the completion of major public...

Despite slower GDP growth of 6.2% in 2014, according to the Ministry of Economy and Finance, Panama remains one of Latin America’s fastest growing economies, a trend set to continue in coming years with the IMF forecasting average annual growth of around 6.5% over the next five years.

The economy in Trinidad and Tobago is expected to see a short-term boost from increased public spending in the run-up to the general elections, scheduled for September 7. 

Dos importantes cumbres realizadas en abril llevaron a líderes mundiales y empresarios top a darse cita en Panamá, ayudando al país a potenciar su rol internacional en la industria naviera y el comercio para fortalecer las relaciones diplomáticas y comerciales. 

Aunque problemas políticos inconclusos socavaron la popularidad del Presidente de México, Enrique Peña Nieto en 2014, el año pasado también trajo importantes avances luego que el Congreso aprobara un amplio paquete de reformas estructurales.

El año 2014 estuvo marcado por logros para gran parte de la comunidad empresarial de Panamá, en medio de un empuje nacional para aumentar el gasto en obras públicas y bienestar social, lo cual apunta a más de lo mismo en los meses venideros.

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