While it is no secret that Panama has had GDP growth in the last 7 years averaging 8% and this year expected to be 10%, this report from my friend Joachim Bamrud at Latinvex tells us that Panama will continue to be the leader over the next 5 year.
El Salvador and Venezuela among the laggards.
BY LATINVEX STAFF
Panama is expected to see Latin America’s highest economic growth the next five years, according to a Latinvex analysis of new forecasts from the International Monetary Fund released today.
Meanwhile, Peru will post the second-highest GDP growth rate in the 2013-17 period.
On the opposite end is El Salvador, which should see the slowest growth, followed by Venezuela.
Despite predictions about Mexico outperforming Brazil in GDP growth in the future, the forecasts from the IMF show that Mexico will lag Brazil during the next five years.
All in all, Latin America is expected to see an average GDP growth of … Read more by joining Latinvex.