1887

Economic Survey of Latin America 1954

image of Economic Survey of Latin America 1954

Published since 1948, this report examines various aspects of the previous year’s macroeconomic situation in the region and makes projections for the coming months. The study also includes country notes that review the performance of the main economic indicators in the period analysed.

English

.

Panama

In 1954, economic activity as a whole remained at the relatively high level of the preceding year, but there was an expansion of internal trade, agriculture, manufacturing and building. Foreign trade progressed more favourably than in 1953 as regards the terms of trade, although the quantum of exports declined. Greater commercial activity within the Republic was attributable to an increase in the purchase of goods and services by the Canal Zone as well as to the fact that more ships were in transit. This traffic contributes to the gross income of Panama through sales by local companies and the expenditure of passengers and crews.

English

This is a required field
Please enter a valid email address
Approval was a Success
Invalid data
An Error Occurred
Approval was partially successful, following selected items could not be processed due to error