Panama, the country that will grow in Central America

Although the canal country will lead growth in the region of the Isthmus, Dominican Republic recorded a better gross domestic product (GDP), according to data released by the International Monetary Fund (IMF).

Panama will close the year with growth of 5.2%, however, it will be higher in 2017 because it would be 5.8%, estimated the International Monetary Fund (IMF) in its annual outlook October.

However, the nation will canal below the Dominican Republic, because the international organization forecasts growth of 5.9% in 2016.

However, the IMF said the country will grow 4.5%.

Behind Panama are Nicaragua, the institution expected to grow 4.5% nationwide this year and 4.3% next year; followed by Costa Rica, with an estimate of 4.2% and 4.3%, respectively.

However, Honduras, Guatemala and El Salvador present rates below 4%. Guatemala 3.5% growth and 3.8% in 2016 and 2017, respectively.

The IMF said that Honduras could have a 3.6% growth in 2016 and 3.7%, while El Salvador will grow 2.4% this year and next.

Despite this growth, the IMF estimated that the region will have some slowdown as growth will be 3.9%, while in 2015 it was 4.2%. Although it will improve in 2017, when a 4.1% expansion is anticipated.

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