Both the Ministry of Economy and Finance (MEF) and the Central Bank (BCRP) anticipate that the GDP will rebound, after the recession, to 3% this year. Yesterday, The International Monetary Fund (IMF) reduced its projection from 2.7% to 2.5%; and, although its report does not delve into the defects and challenges facing the Peruvian economy, […]
Tag: GDP
Spanish tourism sector plans to break records again in 2024
He tourism in Spain, second world destination, is going to break its 2023 record this year, according to the Exceltur employers’ association, while expressing its “worry” due to the growing protests against the excess of visitors. The tourist GDP of Spainfor the first time it would exceed 200,000 million euros” (almost US$ 213,000) in 2024, […]
IMF: the Peruvian economy will grow 2.5% this year
Global organization reduced its projection on national GDP by 2 percentage points. At the regional level, Argentina will be the only one with a negative result. Price of the dollar in Peru: what is the exchange rate for this Tuesday, April 16? CTS Withdrawal in Peru: they propose to authorize free availability of 100% of […]
GDP grew 2.85% in February, its best result in almost two years
After almost two years, the country’s economic activity grew almost 3% in its monthly evolution. In February it reported an advance of 2.85%, and set the best result recorded since June 2022 (3.40%). It is important to note that in February 2023 the GDP contracted by 0.61%, affected by the protests against the Government of […]
GDP grows 2.85% in February, but financial, manufacturing, fishing and agricultural sectors fall
In February, national production grew 2.85% compared to the same month of the previous year, largely due to the positive performance of the Mining and Hydrocarbons, Commerce, Construction, and Transportation sectors, among others, reported the National Institute of Statistics. and Informatics (INEI). In this way, the Peruvian economy showed an accumulated growth of 2.10% for […]
The South American country that will have the highest growth in GDP during 2024: it surpasses Peru and Brazil
He world Bank has adjusted its projections on economic growth in Latin America, anticipating an expansion of the Gross Domestic Product (GDP) of 1.6% for this year, followed by 2.7% in 2025 and 2.6% in 2026. These Figures represent a decrease compared to previous estimates, especially for 2024, which has been revised downwards by 0.7% […]
Violence also kills Haiti’s economy
The wave of violence who currently lives Haiti is having enormous consequences on the economy of the country and, in light of this, experts warn that the challenges in this regard are increasing, despite the fact that 2024 had begun showing signs of a timid improvement compared to the previous year. According to the Haitian […]
World Bank estimates damage to vital Gaza infrastructure at US$18.5 billion
He World Bank (WB) maintains that the conflict between Israel and the Islamist group Hamas has caused some US$18.5 billion in damage to vital infrastructure in the Palestinian enclave of Loopaccording to a report released Tuesday. This is equivalent to 97% of the combined Gross Domestic Product (GDP) of the occupied Palestinian territories of the […]
Moody’s: Panama’s GDP will grow 2.5% in 2024 affected by strong deceleration
The gross domestic product (GDP) of Panama “will probably grow 2.5% in 2024”which translates into a “strong deceleration” compared to the 7.3% expansion that the indicator registered in 2023, the risk rating agency said this Monday Moody’s. “The closure of the mine Copper Panama will affect economic activity in 2024 and weaken business and consumer […]
Private investment: the engine of GDP that does not come out of lethargy
Private investment covers 80% of the total investments that move in Peru. Academics and officials agree that it is the cornerstone of the economy, and for this year, its recovery will be vital considering that GDP is expected to rebound to 3% after a year of recession, where we fell to the worst level in […]