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Wednesday, October 07, 2009

Special Reports

Growth Champions 2010-14: Panama, Peru

Mexico will outperform Brazil the next five years, while Panama will lead Latin America in GDP growth, the IMF forecasts.

Panama, here represented by capital Panama City, will likely see the highest economic growth in Latin America in the 2010-14 period. (Photo: DSaso)

BY CHRONICLE STAFF

Panama will have Latin America's highest GDP growth in the five-year period starting next year, while

Venezuela

will have the lowest, according to a Latin Business Chronicle analysis of new forecasts from the International Monetary Fund.

Other growth stars include Peru, the Dominican Republic and Chile. On the opposite end, top losers include Ecuador, Honduras and Argentina, our analysis shows.

All in all, Latin America is expected to grow by an average of ...

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Keywords: Argentina, Bolivia, Brazil, Chile, Colombia, Costa Rica, Dom. Rep, Ecuador, El Salvador, Haiti, Honduras, Mexico, Nicaragua, Panama, Paraguay, Peru, Uruguay and Venezuela.

TABLE: GDP growth 2009, 2010 and average 2010-14.

RELATED REPORTS
GDP Outlook 2009-10: Peru Best
Venezuela: World's Highest Inflation

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From: Oscar Benitez de la Campa

Guatemala

While the global financial crisis was developing and going rampant, foreign capital equity looked for safe harbors to protect their wealth. Panama offered a steady construction growth, flexible banking and relative social estability. They have improved in financial services.