Explore more Categories
Artificial Intelligence involves the science and engineering of developing intelligent machines
The manufacturing world is at a cusp of a new revolution that will redefine conventional business models
IoT will have a major impact on businesses and consumers in the future
The world is creating 2.5 exabytes of data daily
Our research seeks to connect-the-dots across multiple trends
Personal Robots are Set to Be a $19 Billion Market
Strategic Analysis of BREXIT and its Implications to Industries, Economies and Societies
iFrost is a digital platform for interactive and dynamic reporting of data.
The TOEs are a great source of information which gives corporates critical information on companies to action for their strategic investments either as an open source platform or to collaborate and to develop successful products
GDP Growth of Most Economies to Either Remain Stable or Strengthen During the Forecast Period
save 15 %
* Required Fields
Pay by invoice
The report tracks the economies of Panama, Puerto Rico, Jamaica, Guatemala, Trinidad and Tobago, and Costa Rica. The report provides insights into the macroeconomic outlook for these countries, by covering GDP growth, inflation and interest rates, income, labor market, and population.GDP growth is expected to remain more or less stable or increase over the forecast period for all the countries, barring Puerto Rico. Puerto Rico has been in a recession since 2005 and will have to cope with the effects of hurricane-led devastations in 2017 and 2018. The country is also challenged by bankruptcy and is not expected to be able to repay its $70 billion in debt until 2022. The economy of Panama is performing very well, with GDP growth expected to hover at 5.5% until 2022. Panama is in fact striving to transition to a high-income economy by 2021.Panama and Puerto Rica have no central bank and, therefore, do not have monetary policy operations that influence interest rates. In Jamaica and Costa Rica, on the other hand, the key interest rate of the central bank is expected to decline and increase, respectively, in 2018. No change is expected in the key interest rates of the central banks of Guatemala and Trinidad and Tobago in 2018; consequently, interest rates on loans are not expected to see much variation.Puerto Rico is expected to see an increase in its unemployment rate until 2020 amidst massive emigration and company closures. An accompanying steady fall in the labor force size of Puerto Rico is also expected. Most of the other economies are expected to see a decline in the unemployment rate over the forecast period, with the expected expansion of economic activities helping drive unemployment downward. Population growth is seen to be slowing down across most of the economies. Puerto Rico is already experiencing a decline in its total population size, with a high incidence of migration from Puerto Rico to the US. The working age (15 to 64 years) population share is expected to expand across Panama, Jamaica, and Guatemala, over the forecast period. Especially at a time when the working age population size is shrinking across economies such as China and Japan, countries with a growing working population size could be prioritized by companies, when undertaking site-selection decisions, as this positive demographic trend is linked to benefits, such as a larger labor pool and higher consumer demand.
Key Issues Addressed
2020 Outlook of the Indian Metal Industry
The Future of Free Time
Central American and Caribbean Countries Economic Tracker, H2 2019
The Top Trends for 2020
Microjobs in 2030
The Application of Blockchain in Southeast Asian Countries, Forecast to 2023
The Future of Regulation, 2019–2030
Innovation Strategy - Best Practices Review
Emerging Market Growth Opportunities, Saudi Arabia, Forecast to 2024
Macroeconomic Prospects of Select Latin American and Caribbean Countries, Forecast to 2026
neurology devices market
composite materials market
fleet management market
flexible electronics market
alternative energy market
functional beverage market
dietary supplements market
Don't have an account? Create One!
Enter your Email Address here to receive a link to change password.
If you are an existing frost.com user, please register using the same email for seamless access
Already have an account? Login!
Use your Linkedin account to login or register within our store.You're just one click away.