QCOSTARICA – Inflows of Foreign Direct Investment (FDI) in Costa Rica, Nicaragua and Guatemala fell during the first half of this year, compared to the same period last year.
In Central America, specifically, these three economies took a step back, while Panama, Honduras and El Salvador recorded growths of up to 888%.
Costa Rica dropped from receiving US$1.047 billion to US$1.022 billion of FDI in the first six months of 2015, representing a drop of 2%.
However, the average of the 16 Latin American countries and the Caribbean was a drop of 21%.
This behaviour is justified by the fall in investment in mining and hydrocarbons due to a drop in international prices, the slowdown in China dn the negative economic growth in the region.
The data was made available today by the United Nations Economic Commission for Latin America and the Caribbean.
Source: LaRepublica.net