Panama continues to make the headlines in Latin News with increased GDP this year and expected larger one for next. As this article points out, much of this growth can be attributed to the real estate market because the canal expansion has not yet begun. Tourism is another factor that is sighted although I question the numbers put out by IPAT for tourism. Here is the article from the Latin Business Chronicle.
Excerpt: Panama's economy will have the best performance of any country in Latin America this and next year, the United Nations Economic Commission for Latin America and the Caribbean (ECLAC) forecasts.
Panama is also getting help from such sectors as real estate and tourism. Panama is the fastest-growing tourism market in Latin America, measured by arrival growth, according to a Latin Business Chronicle analysis based on World Tourism Organisation data (See Tourism Winners: El Salvador and Panama).
Panama has best GDP growth forcast in Latin America
