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1
ECONOMIC OUTLOOK
August 2014
2
OUTLINE OF PRESENTATION
• Gross Domestic Product Second Quarter• Questions and Comments
3
Economic Outlook
• Preliminary estimates indicate that the level of economic activities increased by 8.7%, during the second quarter of 2014
• A cumulative growth (↑3.7%) was registered for the first half of the year.
• Revised estimates on the Annual GDP, show a 1.5% growth in 2013.
4
Second Quarter GDP Growth; 2009-2014
2009 2010 2011 2012 2013 2014
0.3
1.1
0.5
4.7
1.8
8.7
Pe
rce
nt
5
Primary Industries (13.2%)
Sugarcane (79.7%)Citrus (65.0%)Banana (2.5%)
Livestock (23.1%)
Shrimp (6.4%)• 1.2 Million $ Less in Export
SalesConch (69.0%)• 1.3 Million $ Less in Export
Sales
6
2009 2010 2011 2012 2013 20140.0
100.0
200.0
300.0
400.0
500.0
600.0
106.3
59.4
23.3
85.9 67.6
111.5
19.9 21.116.8
25.4 26.525.8
330.2
446.7
414.9
397.9
326.7
587.0
Second Quarter Production of Three Major Crops: 2009-2014
Citrus Bananas Sugarcane
Th
ou
sa
nd
s o
f M
etr
ic T
on
s
7
Secondary Industries ( 20.4%)
Manufacturing and Mining (17.2%)• Sugar (67.5%) • Orange
Concentrates (57.5%)
• Flour (11.2%)
Manufacturing and Mining (17.2%)• Beverages (18.2%)
• Beer (13.2%)• Rum (74.4%)
• Petroleum ( 17.8%)
Electricity and Water (36.0%)• Electricity (42.5%)• Water (4.0%)• Construction
(17.1)
8
2009 2010 2011 2012 2013 2014
53.7
67.4
57.6
81.5
61.0
86.9
Second Quarter Electricity Production; 2009-2014
Th
ou
san
ds
of
Meg
awat
ts H
ou
rs
2009 2010 2011 2012 2013 2014
491.3504.1
512.8
506.3
554.8
576.8
Second Quarter Water Production; 2009-2014
Mil
lio
ns
of
Gal
lon
s
9
Tertiary Industries (Services)(2.6%)
Hotel and Restaurants (21.5%)• Overnight Visitors
(14.6%)• Cruise Visitors
(69.2%)
Wholesale Retail Trade (12.5%)• Import of
Merchandise Goods (8.1%)
Transport and Communication (3.5%)• Transportation
Services (21.6%)
10
1 2 3 4 5 6
60.2 59.8 64.6 70.4 73.3 84.0
140.0 152.3168.8
130.2 121.1
204.8
Second Quarter Tourist Arrivals;2009-2014
Overnight Cruise Ship
Th
ou
san
ds
of
To
uri
sts
11
Economic Performance in the Region for Second Quarter 2014
The United States of America recorded 4.0%, while Mexico 1.04% ,and Belize 8.7%.
12
QUESTIONS
OR
COMMENTS
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