Emerging Latin America Economic Tracker—Insights and Trends, Quarter 4, 2017
Emerging Latin America Economic Tracker—Insights and Trends, Quarter 4, 2017
Strong Consumption Expenditure Driving Growth
28-Dec-2017
Latin America
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Description
Regional economic growth in Latin America is expected to slow-down from 2.2% in 2016 to 2.15 in 2017. The region is expected to start growing strongly from 2018 with an anticipated economic growth of 2.5%. The growth with be supported by the expansion of the Manufacturing sector. Mexico and Panama are projected to register strong growth of manufacturing sector with Manufacturing Index of Industrial Production growing at 2.5% and 2.9% respectively.
Continued uncertainty over the future of North American Free Trade Agreement (NAFTA) and United States trade policies remains a concern for the region. Countries such as Mexico is expected to shift its focus towards Latin American countries as uncertainty looms around its relation with the United States. The Pacific Alliance which is a trading bloc that includes Mexico, Colombia, Chile, and Peru witnessed increased traffic with 94% of goods moving tax free across the borders in the trading bloc. China is expected to come out as the leading choice for global trade deals as countries look out for reliable trading partners to reduce their reliance on the United States market. While Panama has already began the process of negotiating a trade deal with China, Mexico is in talks with the European Union and China to take forward a free trade agreement.
Country Coverage – Latin America
· Chile
· Colombia
· Mexico
· Panama
Year, Quarter and Month Coverage
• Yearly Data: 2012 – 2021
• Quarterly Data: Q1 2012 – Q4 2019
• Monthly Data: January 2012 – December 2017
Table of Contents
Emerging Latin America Economic Tracker—Insights and Trends, Quarter 4, 2017
Popular Topics
No Index | No |
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Podcast | No |
Author | Subrina Shrestha |
Industries | Cross Industries |
WIP Number | 9A79-00-13-00-00 |
Is Prebook | No |