BLP’s summary of the most important regional news and opportunities offers an overview of the economic, social, and political landscape of Central America at just a click away.
Costa Rica
S&P Global raises Costa Rica’s rating to ‘BB’ and highlights its fiscal strength and export leadership
S&P Global Ratings upgraded Costa Rica’s sovereign rating from ‘BB-’ to ‘BB’ with a stable outlook, citing fiscal discipline, economic growth, and strong international reserves of $16 billion. The agency projects 4.2% growth in 2025, driven by free trade zones, tech manufacturing, and tourism. The convertibility rating was also raised to ‘BBB-’, reflecting greater financial stability. S&P expects policy continuity after the 2026 elections and recognizes Costa Rica as a regional hub for investment and high-value services. Read more
Comptroller’s Office gives green light to tender to modernize Port of Caldera
The Comptroller General of the Republic rejected the final appeal against the terms for modernizing the Port of Caldera, enabling INCOP to continue with the bidding. The $600 million project includes expanding docks and container yards, and upgrading terminals. Read more
Costa Rican financial institutions maintain high solvency and stability
Financial institutions maintained strong capital levels with a Capital Adequacy Ratio of 18.86%, well above regulatory minimums, reflecting stability and confidence in the system. Read more
Central Bank of Costa Rica modernizes economic indicators platform
The Central Bank will launch a new platform with over 9,000 statistical series and improved tools for users, enhancing transparency and accessibility. Read more
El Salvador
El Salvador prepares second state-owned solar plant
The government is developing a new 20 MW solar plant to strengthen renewable energy generation. Read more
El Salvador progresses on nuclear energy project
The country is exploring locations for its first nuclear plant with international support. Read more
El Salvador’s exports grow 5.7%
Exports reached $5.138 billion between January and September 2025. Read more
ECLAC raises El Salvador’s growth forecast
The GDP forecast was raised to 2.8% for 2025. Read more
Hydropower dominates electricity generation
Hydropower accounted for 49.8% of electricity generation in September. Read more
Guatemala
Guatemala ranks among the most dynamic economies
GDP growth is projected at 3.7% for 2025. Read more
Guatemala strengthens sustainable tourism
Tourism continues to drive economic development and employment. Read more
Guatemala promotes Artificial Intelligence adoption
AI is increasingly used across industries to improve efficiency. Read more
Honduras
Honduran exports grow 12.6%
Exports reached $8.629 billion between January and August 2025. Read more
Honduras reduces oil bill by 15.4%
Lower oil prices and renewable energy use drove the reduction. Read more
Textile sector strengthened through new alliance
A new agreement boosts competitiveness and investment. Read more
CAF grants $160 million for infrastructure
The loan will modernize a key highway. Read more
Shrimp exports recover with new markets
Exports increased with demand from Europe and Asia. Read more
Nicaragua
Nicaragua secures $57 million loan for wind energy
The project will expand renewable generation capacity. Read more
Nicaragua expands mining concessions
The country continues strengthening its mining sector and foreign investment. Read more
Regional
Central America promotes agri-food consortium
The initiative aims to strengthen sustainability and innovation. Read more
Remittances to the Northern Triangle grow 20.5%
Remittances exceeded $31 billion through August 2025. Read more
BLP Insights
New special law on money laundering and terrorism financing in El Salvador
Legislative Decree No. 426 introduces a preventive, coordinated, and technology-driven framework aligned with international standards. Read more
Events
BLP to Participate in the Compliance Latam Forum 2025 – Santiago, Chile
Date: Thursday, November 27, 2025
Venue: The Ritz-Carlton, Santiago
Our partner Alejandro Rojas will participate as a speaker at this regional event focused on compliance, ethics, and corporate governance.
Economic Index
| Country | Exchange rate (USD) | Basic passive rate | Monetary policy rate | S&P | Moody’s | Fitch | Inflation |
|---|---|---|---|---|---|---|---|
| Costa Rica | 504.96 | 3.83% | 3.50% | BB | Ba2 | BB+ | -1.00% |
| El Salvador | 8.75 | 5.19% | N/A | B- | B3 | B- | 0.36% |
| Guatemala | 7.65 | 5.09% | 4.00% | BB+ | Ba1 | BB+ | 1.47% |
| Honduras | 26.26 | 8.73% | 5.75% | BB- | B1 | N/A | 4.55% |
| Nicaragua | 36.62 | 2.53% | 6.00% | B+ | B2 | B | 1.40% |
24/10/2025 | Source: https://www.secmca.org/
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