Latin American Economic Survey

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Latin American Economic Survey

The Latin American Economic Survey is a quarterly survey that monitors and forecasts economic trends in the region.

Based on information provided by economics specialists, the survey is simultaneously applied in 19 countries in the region using the same methodology, which is a method that enables the construction of an agile and comprehensive picture of the economic situation in individual countries and economic blocs.

The Survey generates both qualitative and quantitative information. The Economic Climate Index (ECI) is a synthesis index, composed of the Present Situation Index (PSI) and the Expectations Index (EI), which are both of a qualitative nature. The survey questions in the indexes deal with the overall economic situation of each country at the present time and the expectations for the  upcoming six months.

The individual responses are combined for each country without any weighting. The ECI for each country is constructed as a geometric mean of the PSI and the EI, and ranges from 0 to 200 points, 100 being the neutral point

To reach the figures of any cluster of countries, such as the total for Latin America, the indexes are aggregated by GDP corrected for Purchasing Power Parity (GDP, PPP, according to IMF data). The weights are modified annually.

Main Uses:
To construct an agile and comprehensive picture of the economic situation in individual countries and economic blocs.

Geographic Coverage:
Argentina, Bolivia, Chile, Colombia, Costa Rica, Cuba, Ecuador, El Salvador, Guatemala, Haiti, Honduras, Mexico, Nicaragua, Panama, Paraguay, Peru, Dominican Republic, Uruguay, and Venezuela.

Collection Period:
During January, April, July, and October.

Frequency:
Quarterly.

Historical Series:
1994.