According to a report by Aldesa :
In terms of components, final household spending remains strong, growing by 4.8% in the indicated period and keeping in line with the expectations of the Central Bank of Costa Rica (BCCR), which estimates that domestic demand this year will be main driver of economic activity.
General government expenditure shows a downward trend in the rate of growth, increasing at a rate of 2.3% between semesters. Compared to the cumulated 12 month amount, there is a downward trend in public spending from the high reached in 2009.
Meanwhile, service exports maintained growth rates of 3.8%, however, imports of goods showed the largest growth area, climbing by 6.3% between semesters and 5.5% in the last twelve months .
The strong growth of imports, despite cuts in GDP growth, is not a cause for concern, since according to data from balance of payments the national deficit is being funded entirely by revenues from foreign direct investment.
Source: Aldesa
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July 2009
In the first quarter the GDP showed a 4.9% interannual contraction, the second consecutive period of slowdown.
In quarterly terms, the GDP fell for the fourth consecutive period, representing a contraction of 1.1% in the first three months of 2009.
The fall in GDP in the first quarter was a consequence of the weakening in the category of capital investment, which fell 38.8% with respect to the same period last year.
July 2011
In the first three months of the year the Gross Domestic Product (GDP) grew more than 3%.
Activity in the mining industry and an increase in lending by banks account for most of the 3.1% growth in Guatemala’s gross domestic product.
On the other hand, the construction and power supply sectors showed contractions, according to data presented by the Central Bank of Guatemala (Banguat).
January 2012
Experts agree that 2012 will be a year of slight growth, low inflation and devaluation.
The 30 economists consulted by the weekly publication El Financiero, forecast a GDP growth of around 3.3%, mainly driven by construction and trade sectors through domestic consumption. Interest rates will remain at levels similar to 2011, while the exchange rate could vary between 3 and 6%, reaching between 520 and 540 colones to the dollar at the end of 2012.
July 2008
The rate of economic growth has slowed down in Costa Rica, according to central bank figures published Monday.
During the first quarter, the nation's gross domestic product grew by 5.8 percent compared with the same period of last year. The growth rate is the lowest in eight quarters.
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