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Economy of Central America : ウィキペディア英語版
Economy of Central America

The economy of Central America is the sixth largest economy in Latin America, behind Brazil, Mexico, Argentina, Chile and Colombia, According to the World Bank, the nominal GDP of Central America reached 204 billion US dollars in 2010, as recovery from the crisis of 2009, where GDP suffered a decline to 3.8%.〔(GDP growth (annual %) ) World Bank Data. Retrieved: 25/07/2015.〕 The major economic income are the agriculture and tourism, although the industrial sector is in strong growth, mainly in Panama.
United States is the main socio-commercial of all Central American countries. Other important socio-commercial countries in Central America are the European Union, Japan, Dominican Republic and Mexico.〔(Relaciones Comerciales entre Centroamérica, Panamá y Japón ) SIECA. July 2013. Retrieved: 25/07/2015.〕 Currently, Central American bloc based on a bilateral free trade agreement (FTA) with the United States known as CAFTA-DR, and another in negotiations with Peru. The Panama Canal is the connection of Central America with the rest world, and the main means of communication for trade with Central America, South America, United States, Europe and Asia.
The economic development of Central America is the Middle level, although competitiveness is remarkable:
*Guatemala: Is the largest economy in the isthmus and the tenth in Latin America, has the largest nominal GDP ($118 655 million)〔(Report for Selected Countries and Subjects ) International Monetary Fund.〕 and GDP PPP of $81.51 billion (2013 data).〔(Guatemala Producto Interno Bruto (PIB) ) ''IndexMundi'' sources of the ''CIA The World Factbook''. Retrieved: 25/07/2015.〕 Maintains strong commercial relations mainly with the United States, Mexico, Taiwan, Dominican Republic, Germany and Korea. According to the International Monetary Fund, Guatemala has a stable economy.〔(FMI calificó como estable la economía de Guatemala )〕
*Panama: Besides having the highest HDI in the region,〔( Panamá - Índice de Desarrollo Humano - IDH ) Retrieved: 25/07/2015.〕 Panama has been the highest economic growth in Latin America, with an increase of 6.2% (2014).〔(Economía panameña crece al 6,2% ) Retrieved: 25/07/2015.〕 Panama is recognized as the most industrial country in Central America, and the second in Latin America after Chile. Has strong business relationships and treaties with the United States, China, Colombia, Costa Rica, Japan and Singapour.
*Costa Rica: The economy of Costa Rica is the third largest in the region, is the Central American country that has more trade relations, mainly with the United States, Singapore, European Union, Mexico, Chile, China, CARICOM (Caribbean Community), among others countries. Politically, Costa Rica is the most stable country in Central America.
*El Salvador: According to the World Bank, El Salvador is the fourth largest economy in the region, and has a GDP PPP of $50,903 million.〔 The Salvadoran economy grew by 3% in 2010, after a strong contraction in 2009.〔(Perspectivas del FMI sobre Centroamérica ) Retrieved: 25/07/2015.〕
*Honduras: Is the second poorest country in Central America, with 60% living in poverty according to the CIA World Factbook. In percentage, Honduras has the largest cheap labor in Central America, its economy is mainly agricultural, the main export products are rice, coffee, bananas, vegetables, and other products.〔(CIA The World Factbook - Honduras ) Retrieved: 25/07/2015.〕
*Nicaragua: Is the least stable country in the region, and the second poorest in the hemisphere after Haiti. Nicaragua is the country that produces less, has the lowest HDI in the region, and even it has the lowest minimum wage in Central America (USD $141.00).〔() ''Prensa Latinoamericana''. Retrieved: 25/07/2015.〕 Nicaragua is the country that receives financial assistance in the region, since 4 out of 10 people live on less than a dollar a day,〔() ''PNUD''. Retrieved: 25/07/2015.〕 according to the PNUD. Nicaragua is integrated into the Bolivarian Alliance for the Peoples of Our America (ALBA).
== Currency by country ==
Each country has its own national currency, with the exception of El Salvador, where the US dollar was taken as currency in the country as of January 1, 2001,〔() La Prensa Gráfica. Retrieved; 25/07/2015.〕 replacing the Salvadoran colon, Belize is a country where circulates the dollar, although of type Belizean. In the case of Panama two types of currency are circulating, the Panamanian balboa and the US dollar.

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