Macroeconomic Prospects of Select Latin American and Caribbean Economies, Forecasts to 2022

GDP Growth of Most Economies to Either Remain Stable or Strengthen During the Forecast Period

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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,

Key Issues Addressed

  • What are GDP growth prospects of the countries in focus and the key growth drivers and restraints?
  • What is the outlook for inflation?
  • How are monetary policy conditions and average interest rates expected to evolve?
  • Is the share of the middle class expected to increase?
  • What is the outlook for unemployment and the labor force size?
  •  What are the trends for total population and population growth?
  • How is the working age population size expected to evolve?
  • Which countries will have to cope with a rising elderly population share?

Table of Contents

Macroeconomic Prospects of Select Latin American and Caribbean Economies, Forecasts to 2022Executive SummaryCosta RicaGuatemalaJamaicaPanamaPuerto RicoTrinidad and TobagoResearch ScopeResearch ScopeCosta RicaCosta Rica—GDP Growth OutlookCosta Rica—Inflation and Interest Rate OutlookCosta Rica—Income OutlookCosta Rica—Labor Market OutlookCosta Rica—Population OutlookGuatemalaGuatemala—GDP Growth OutlookGuatemala—Inflation and Interest Rate OutlookGuatemala—Income OutlookGuatemala—Labor Market OutlookGuatemala—Population OutlookJamaicaJamaica—GDP Growth OutlookJamaica—Inflation and Interest Rate OutlookJamaica—Income OutlookJamaica—Labor Market OutlookJamaica—Population OutlookPanamaPanama—GDP Growth OutlookPanama—Inflation and Interest Rate OutlookPanama—Income OutlookPanama—Labor Market OutlookPanama—Population OutlookPuerto RicoPuerto Rico—GDP Growth OutlookPuerto Rico—Inflation and Loan OutlookPuerto Rico—Income OutlookPuerto Rico—Labor Market OutlookPuerto Rico—Population OutlookTrinidad and TobagoTrinidad and Tobago—GDP Growth OutlookTrinidad and Tobago—Inflation and Interest Rate OutlookTrinidad and Tobago—Income OutlookTrinidad and Tobago—Labor Market OutlookTrinidad and Tobago—Population OutlookGrowth Opportunities and Companies to ActionGrowth OpportunitiesConclusionKey TakeawaysLegal DisclaimerAppendixList of ExhibitsList of Exhibits (continued)List of Exhibits (continued)List of Exhibits (continued)The Frost & Sullivan StoryThe Frost & Sullivan StoryValue Proposition—Future of Your Company & CareerGlobal PerspectiveIndustry Convergence360º Research PerspectiveImplementation ExcellenceOur Blue Ocean Strategy

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