Economy of Central America

ebook Economy in countries, Book 6 · Economy in countries

By Ivan Kushnir

cover image of Economy of Central America

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This book about the economy of Central America from the 1970s to the 2010s. Source data from UN Data.

Size. In the 2010s, the GDP of Central America was equal to $1.4 trillion per year; the value of agriculture was $54.7 billion; the value of industry was $322.2 billion.

Productivity. In the 2010s, the GDP per capita was $8 408.4, the value of agriculture per capita was $325.9, the value of industry per capita was $1 921.1. Since the productivity is between the average of below average and the average, the economy is classified as developing.

Growth. In the 2010s, the growth of gross domestic product was 2.9%; the growth of agriculture was 2.4%; the growth of industry was 1.7%.

Structure. In the 2010s, the economy of Central America included: services (34.5%), industry (24.0%), trade (20.8%), transportation (8.7%), construction (7.9%), and agriculture (4.1%).

Exports and imports. In the 2010s, the imports were 7.4% higher than the exports, the net imports were equal to 2.6% of the GDP.

Consumption and reproduction. The attitude of reproduction to the consumption is not better than the global average, so the share of GDP in the world will not increase.

Economy of Central America