Based on statistics from the International Monetary Fund’s World Economic Outlook Database, the total Gross Domestic Product for all Central American countries amounted to roughly $388.9 billion in 2014.
Therefore, exports accounted for about 14.2% of Central America’s total economic output.
Given Central America’s population of about 43.9 million people, the total $55.2 billion in 2014 Central American exports translates to roughly $1,256 for every person on the continent.
Top Central American Export Countries
Below are the top Central American export countries that attained the highest dollar value in global shipments during 2014. Also shown is each country’s overall share of exports from these Central American nations.
- Panama: $18,070,000,000 (32.7% of total Central American exports)
- Costa Rica: $11,251,853,000 (20.4%)
- Guatemala: $10,890,691,000 (19.7%)
- El Salvador: $5,272,670,000 (9.6%)
- Nicaragua: $4,767,933,000 (8.6%)
- Honduras: $4,533,348,000 (8.2%)
- Belize: $394,756,000 (0.7%)
Panama’s population is 3.6 million, while Costa Rica is home to 4.8 million people. There are 14.6 million Guatemalans, 6.1 million residents in El Salvador, and 5.8 million citizens of Nicaragua. The population count for Honduras is 8.6 million compared to a much smaller 340,844 for Belize.
See also Fastest-Growing Central American Export Countries
International Monetary Fund, World Economic Outlook Database (GDP based on Purchasing Power Parity). Accessed on June 22, 2015
The World Factbook, Field Listing: Exports and Field Listing: Population, Central Intelligence Agency. Accessed on June 22, 2015
Trade Map, International Trade Centre, www.intracen.org/marketanalysis. Accessed on June 22, 2015