No menu items!

COSTA RICA'S LEADING ENGLISH LANGUAGE NEWSPAPER

HomeArchivePanama Economy Grows by 11%

Panama Economy Grows by 11%

Pushed by strong growth in agriculture and construction sectors, Panama’s gross domestic product (GDP) grew by 11.2% last year.

The country’s GDP is now an estimated $19.73 billion.

The report of the growth, issued by Panama’s Comptroller General’s Office, pointed to “activities related with the foreign sector” as most responsible.

Production of pineapple and cantaloupe was up 19.8% and 29%, respectively, while the construction industry posted growth of near 20%.

 

Popular Articles

Vatican Confirms Pope Francis Remains Under Critical Care

Pope Francis, 88, remains in "critical condition" and his "prognosis is currently reserved," the Vatican reported Saturday night, at the beginning of the second...

Costa Rica Receives 135 Deported Migrants Amid Flawed Reception

Costa Rica recently became the latest destination for a group of 135 deported migrants—including 65 minors—from the United States. The flight, which departed from...

Costa Rica’s San Jose Airport Launches Expansion Amid Tourism Boom

Costa Rica's Juan Santamaría International Airport in San Jose has embarked on an ambitious $62.2 million expansion project with the construction of a new...
Avatar
spot_img
Costa Rica Coffee Maker Chorreador
Costa Rica Coffee Maker Chorreador
Costa Rica Travel Insurance
Costa Rica Rocking Chait

Latest Articles