According to forecasts from the United Nations Development Programme (UNDP) office in Venezuela, the South American country's economy could grow by 5.8 %. Of that total, the oil sector is expected to grow by 13 % and non-oil activity by 3.4 %.
UNDP experts estimate that "the nation's economy is…
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economic growth
US economy grew 3.3 % in the second quarter
US economic growth for the second quarter of 2025 was 3.3 %, slightly above the 3.1 % forecast.
This data confirms that the country's Gross Domestic Product growth was revised upward for the April-June period, according to the Bureau of…
Lula predicts 3.5 % growth in Brazil’s economy
The president of Brazil, Luiz Inácio Lula da Silva, predicts an economic growth of the country by the end of 2024 of 3.5 %.
According to the president, the figure could even be 4 % "contrary to the forecasts that the market was considering…
Peru expects to close 2024 with 4 % economic growth
Peru's Minister of Economy and Finance, José Arista, indicated this week that the country could close 2024 with 4 % economic growth and a Gross Domestic Product of 3.2 %.
The projection is based on the growth, although uneven, of other…
Venezuela’s economy grew 8.5 % from January to September
The president of Venezuela, Nicolás Maduro, indicated this Monday, December 2, that the growth of the Gross Domestic Product during the first three quarters of 2024 was 8.5 %.
Maduro highlighted that the country has completed 14 quarters…
IMF maintains growth forecast for Venezuela in 2025
In its World Economic Outlook report, the International Monetary Fund maintains Venezuela's economic growth projection for 2025 at 3 %.
Although the organization has lowered estimates of growth in the Gross Domestic Product at the end of…
Guyana is the Latin American country that will have the greatest economic growth in 2025
In Latin America, the country that will have the greatest economic growth in 2025 is Guyana, according to the predictions of analysts and organizations such as the World Bank, which projects an expansion of 12.3 %.
On a par with world…
Bancamiga promotes economic growth in Monagas and eastern Venezuela
Maturín is a city and space in eastern Venezuela with a potential that is lost from sight. As the capital of the state, Monagas is the seat of public powers and has attractive sports, commercial and tourist facilities. It is the heart of an…
El Salvador will reach a 4 % economic growth driven by Bitcoin
El Salvador's economic growth projection for the remainder of 2024 was estimated at 4 %, leveraged by Bitcoin, according to the Central Reserve Bank.
Legal tender cryptocurrencies in the Central American nation join tourism and private…
President of Venezuela foresees economic growth of 8 % in 2024
The Venezuelan economy will grow more than 8 % this year, according to the president of the South American nation, Nicolás Maduro, taking into account the sustained growth of the last 12 months.
The statement was made by the president on…
IMF forecasts economic growth of 4 % for Venezuela at the end of 2024
The economic growth forecast of the International Monetary Fund for Venezuela, at the end of 2024, is 4 %. It would be the highest index in the region.
According to the latest IMF report, “World Economic Outlook”, Venezuela's GDP at the…
Maduro announced the increase of the integral income to $100
Venezuelan President Nicolás Maduro presented himself to the National Assembly on January 15 to share the country's economic achievements over the past year.
In his speech, he announced the increase of the monthly economic war bond to 60…