Panama will be one of the nine in Latin America countries where Spanish investment will increase in 2023. This is according to the latest report from IE University, ‘Panorama of Spanish investment in Latin America.’

Trade and investment between Mexico and the United States have become one of the main doors that allow for strengthening Latin American startups and helping to open new opportunities for the region’s other countries

Ecuador’s dollarization system recently celebrated its anniversary. Twenty-three years ago, this past January, Ecuador adopted the US dollar as its official currency after the worst financial crisis the country had ever experienced.

There are forty-seven call centers in Honduras. These operations currently generate more than seventeen thousand jobs in total. Seventy percent of this activity occurs in the Altia Smart City, a development established and managed by the GK in San Pedro Sula.

Foreign direct investment in Querétaro has become one of the most attractive options in the country for international manufacturers. Its strategic location, rule of law, quality of life, and stable labor environment are the main characteristics that distinguish it from its competitors.

Technological advances have allowed the optimization of finances. As a result, Panama knows a new, faster, and more efficient way to manage the banking services of its users. Progress is being made in the fintech sector in Panama.

In the economic sphere, the International Monetary Fund (IMF) forecasts that the economic prospects for Guatemala will have a GDP growth rate of 3.2% in 2023. This figure 1.8% less than optimal for an appropriate growth rate for a developing nation.

Business process outsourcing is now one of the main drivers of the Colombian economy. Today it contributes 2.8 percent to the national GDP. The BPO industry in Colombia currently employs more than 655,000 people.

The Minister of Economy, María Luisa Hayem, noted that the Ministry of Economy has succeeded in reducing the investment paperwork process from 31 to 10 procedures on this platform. In addition, the new digital window is available to investors 24 hours a day and can be accessed anywhere in the world.

Precision and Medical Equipment is the leading export sector in the country. In 2021 it comprised 36% of the country’s exports, equivalent to 5.2 billion dollars. According to the Costa Rican Coalition of Development Initiatives (CINDE) data, this figure is correct.

Because of sound economic policy choices that have been made over the last several decades, Chile has managed to consolidate a stable macroeconomic climate and a favorable environment for business. This has positioned the country as one of the most attractive nations in the region for the export of goods and services. As a result, Chilean exports are sold globally.