Economy of Panama

Economy of Panama

The peculiarity of the geographical position of Panama was also manifested in the structure of its economy, which has been specializing since colonial times in the field of international services, the range of which has been constantly expanding. According to businesscarriers, the service sector accounts for approx. 80% of GDP, while agriculture – 7.1%, manufacturing […]

Economy of Nicaragua

Economy of Nicaragua

According to businesscarriers, Nicaragua is one of the poorest countries in Latin America. In 2002, its GDP was $2,522 million, or $472 per capita. GDP structure: agriculture 29.1%, industry 28.1% (including manufacturing – 19.2), services – 42.8%. 64% of the country’s population lives below the poverty line. The Sandinista government expropriated the property of the […]

Economy of Honduras

Economy of Honduras

According to businesscarriers, Honduras is one of the most economically backward countries in Latin America. GDP in 2002 amounted to 6.45 billion dollars, mainly due to foreign investment in the non-productive sector (tourism, “free zones”). The basis of the economy is agriculture. It employs St. 1/2 of the total economically active population. The main crops […]

Economy of Guatemala

Economy of Guatemala

According to businesscarriers, Guatemala is an agro-industrial country that specializes in the production of tropical crops (coffee, cane sugar, bananas, etc.). GDP in 2001 – 20 billion dollars, per capita 1786 dollars. The difference in income is very large: 60% of the population – below the poverty line. The economy is developing unevenly, the average […]

Economy of El Salvador

Economy of El Salvador

According to businesscarriers, the small size of the territory with a high population density and asymmetry in land ownership contributed to the more rapid industrial development of El Salvador. The 12-year civil war and the transition to the neo-liberal model had a big impact on the economy. During the war years, significant damage was caused […]

Economy of Ecuador

Economy of Ecuador

Until the 1970s, the basis of the economy of Ecuador was agricultural production. A new stage began with the discovery of a large oil field in the east (export since 1972). According to businesscarriers, GDP growth in the 1970s exceeded 10% per year, but the period of prosperity was relatively short. The economy turned out […]

Economy of Canada

Economy of Canada

The main factors influencing the economic system of Canada: the neighborhood of the United States and the constant development of economic integration between the two countries; vast territory and relatively small population; wealth of natural resources; the special role of capital imports and immigration in economic development. According to businesscarriers, the formation of a regional […]