Thursday, June 1, 2023

Trade places in Latin America: Colombia improved

The Economic Climate Index (ICE) for Latin America is produced by the Brazilian economic studies center Fundación Getúlio Vargas (FGV). According to the latest information it was revealed; The prospecting area was not so low since the third quarter of 2022.

(See: Call to promote investments in the region to support growth).

The results were obtained through 127 surveys carried out by FGV in 15 specific countries. The figures obtained indicate that it stood at 73.4 points in the first quarter of 2023 and only this year the second falls to 65.8 points respectively.

The decline in the behavior of the indicator is due to the fact that the assessment of the specifics is based on the current situation in Latin America. The Current Situation Index registered a fall of 20 points, sitting at 52.1 points in the second quarter. But the expectations indicator rose from 70.1 to 80.3.

(See: Foreign investment in the middle country due to the coronavirus could fall).

The country with the most business indicators is Paraguay, with 139.9 points in the second quarter. You followed by Uruguay with 119.4 points; Mexico with 85.7 points; at Pertz 83.5; Chilos, 61.2; Brazil 58.8; lastly of Columbia, with 58.7, for that quarter of the year.

(See: Strong drop in foreign investment in Colombia in 2018).

For the country of Ecuador, with 41.7 points; Bolivia, 19.2; and Argentina, with 7.0; not the best indicators, in the first two political crises and the flow of inflation in the third.

FGV highlights that the only countries that saw improvements in the indicators, compared to the first semester of 2023, were Chile, Uruguay and Colombia.

(See: Colombia seeks foreign investment for 230 projects).

That economic growth projections for 2023, according to expertsthe figure for Latin America fell from 1.4% to 1.1% in 2023.

It was a foreboding through the village;

– Paraguayan: 4.5%

-Bolivia: 2.6%

– Pertz; 2.2%

– Ecuadorian: 2.2%

– Uruguay: 1.1%

– Mexico: 1.5%

– Colombia: 1.1%

– Brazil: 1%

– pure; 0.4%

– Argentina: 1.0%


Nation World News Desk
Nation World News Desk
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