Panama Economy Grows by 11%

March 14, 2008

Pushed by strong growth in agriculture and construction sectors, Panama’s gross domestic product (GDP) grew by 11.2% last year.

The country’s GDP is now an estimated $19.73 billion.

The report of the growth, issued by Panama’s Comptroller General’s Office, pointed to “activities related with the foreign sector” as most responsible.

Production of pineapple and cantaloupe was up 19.8% and 29%, respectively, while the construction industry posted growth of near 20%.

 

You may be interested

Strong winds cause three deaths in Costa Rica, one in El Salvador
Weather
1117 views
Weather
1117 views

Strong winds cause three deaths in Costa Rica, one in El Salvador

AFP - December 10, 2017

Three people have died in Costa Rica, includiing two Swiss tourists, and one in El Salvador as a result of…

6 camouflaged Costa Rican creatures you probably haven’t seen
Environment and Wildlife
2015 views
Environment and Wildlife
2015 views

6 camouflaged Costa Rican creatures you probably haven’t seen

Lindsay Fendt - December 9, 2017

The jungle can be a scary place, and even for some of the fiercest of Costa Rica’s creatures, sometimes the…

National Geographic-Lindblad Expeditions ship makes first visit to Osa Peninsula
Cruises
1926 views
Cruises
1926 views

National Geographic-Lindblad Expeditions ship makes first visit to Osa Peninsula

The Tico Times - December 8, 2017

National Geographic and Lindblad Expeditions touched down for the first time on Costa Rica's renowned Osa Peninsula this week for…