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Central America Gross Domestic Product News is an EIN News Service for banking industry professionals. Constantly updated news and information about Central America Banking.
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  • UPDATE 1-Mexico pulls out of deep recession in 3rd quarter 20 Nov 2009 22:35 GMT
    ... MEXICO CITY, Nov 20 (Reuters) - Mexico marked ... highlighting the severity of the downturn, Mexico's gross domestic product was still 6.2 percent smaller ... last year after the implosion of the American housing market choked off U.S. consumer demand ...

  • UPDATE 2-Mexico pulls out of deep recession in 3rd quarter 20 Nov 2009 23:38 GMT
    ... MEXICO CITY, Nov 20 (Reuters) - Mexico marked ... highlighting the severity of the downturn, Mexico's gross domestic product was still 6.2 percent smaller ... last year after the implosion of the American housing market choked off U.S. consumer demand ...

  • President Lee Invited to Panama in 2010 22 Nov 2009 11:13 GMT
    ... will be a special year for the Central American country as it will hold the presidency of the Central America Integration System (SICA), an intergovernmental organization of ... and fisheries comprise 7.4 percent of Panama's gross domestic product. Bananas, coca beans, coffee, coconuts, ...

  • Mexico Peso to Gain Up to 20% After Fitch Downgrade, Pimco Says 24 Nov 2009 05:16 GMT
    ... 2000 became the second country in Latin America to win an investment-grade rating as the ... a budget deficit of 0.75 percent of gross domestic product. Including spending by state-owned oil company Petroleos ... the deficit will reach 2.75 percent of GDP, the widest since 1989, according to JPMorgan. “The ...

  • UPDATE 1-Moody's cuts Jamaica debt on possible restructure 18 Nov 2009 20:30 GMT
    ... Investor Service said on Wednesday it downgraded Jamaica's credit rating to Caa1 as debt restructuring ... not be within reach yet." Jamaica's public debt-to-gross domestic product ratio consistently remained above 100 percent over ... in the order of 10 percent of GDP. The latter has come at the cost of ...

  • UPDATE 2-Moody's cuts Jamaica debt on possible restructure 18 Nov 2009 20:50 GMT
    ... Investor Service said on Wednesday it downgraded Jamaica's credit rating to Caa1 as debt restructuring ... not be within reach yet." Jamaica's public debt-to-gross domestic product ratio consistently remained above 100 percent over ... in the order of 10 percent of GDP. The latter has come at the cost of ...

  • Mexico's economy contracts 6.2 pct in 3Q, beating expectations 21 Nov 2009 15:51 GMT
    ... Mexico City, Nov 21, 2009 (EFE via COMTEX) -- Mexico's gross domestic product fell by 6.2 percent in the third ... Friday that, excluding seasonal factors, the country's GDP rose 2.93 percent in the July-September period compared ...

  • Cuba - Less red tape for farmers 16 Nov 2009 00:30 GMT
    ... Cuba - Less red tape for farmers One ... blamed on damage to banana plantations by hurricanes last year. Pilot programs have shown that ... in 2009. Official statistics show growth in gross domestic product fell from 12.5% in 2007 ...

  • Jamaica vs. Singapore 18 Nov 2009 21:35 GMT
    ... To understand their importance, we can contrast Jamaica and Singapore. Both are relatively tiny states, ... nations were about equal in wealth: the gross domestic product (in 2006 U.S. dollars) was $2,850 per ... Singapore had climbed to a per capita GDP of $31,400 (2006 data, in current dollars), while ...

  • Mexico`s economy contracts 6.2% in third quarter 22 Nov 2009 07:51 GMT
    ... Mexico City: Mexico's gross domestic product fell by 6.2 percent in the third ... Friday that, excluding seasonal factors, the country's GDP rose 2.93 percent in the July-September period compared ...

  • Mexico's economy contracts 6.2 percent in third quarter 22 Nov 2009 07:57 GMT
    ... Mexico City, Nov 22 (EFE) Mexico's gross domestic product fell by 6.2 percent in the third ... Friday that, excluding seasonal factors, the country's GDP rose 2.93 percent in the July-September period compared ...

  • Mexico's economy contracts 6.2% in third quarter 22 Nov 2009 17:30 GMT
    ... Mexico City, November 22: Mexico's gross domestic product fell by 6.2 percent in the third ... Friday that, excluding seasonal factors, the country's GDP rose 2.93 percent in the July-September period compared ...

  • Mexico, Brazil stocks down; Chile 3Q GDP contracts 18 Nov 2009 20:40 GMT
    ... after the country's central bank said third-quarter gross domestic product contracted on a year-over-year basis but grew ... of its products to the U.S. Chilean GDP contracts at slower pace in third quarter Meanwhile, ... recession," said Alfredo Coutino, director of Latin American research at Moody's Economy.com, in a note. ...

  • Mexico's Credit Rating Cut by Fitch as Oil Output Drop Swells Budget Gap 23 Nov 2009 19:04 GMT
    ... 2000 became the second country in Latin America to win an investment grade as the ... a budget deficit of 0.75 percent of gross domestic product. Including spending by state- owned oil company ... the deficit will reach 2.75 percent of GDP, the widest since 1989, according to JPMorgan. Mexico’s ...

  • Goldman's Leme Calls Mexico Downgrade 'Unnecessary' 24 Nov 2009 03:05 GMT
    ... “It’s what we call unnecessary roughness in American football,” Leme, Goldman’s chief Latin America economist ... reach the equivalent of 2.75 percent of gross domestic product next year, the widest in two decades. ... adjustment worth close to 1.9 percent of GDP in an economy experiencing a recession,” Leme said. ...


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