Central America Economic Review

Central America Economic Review delivers independent, data driven analysis of Belize, Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua, and Panama.

Operating from San José, Costa Rica, the platform emphasizes institutional context, long term structural trends, and rigorous methodology. Research draws on publicly available data from international financial institutions, central banks, national statistical agencies, electoral authorities, and historical records to assess economic outcomes within broader political, economic, and social constraints.

The analysis is further supported by a proprietary research model, the Central America Composite Index (CACI), developed to track growth trends and risk profiles across the region on a quarterly basis.

Central America Economic Review is an independent research platform and publication focused on regional economic analysis and is not affiliated with any government or institution.

The publication engages in select collaborative research and analytical work with institutions and organizations focused on Central America.

Research Analyst

Based in Costa Rica, Ben Grafe conducts macroeconomic research for the Central America Economic Review. His work tracks regional economics, financial inclusion, and capital flows. He holds an MA from the University of Salamanca and a BA from American University. Ben relies on a trusted network of independent academics and regional analysts to review and validate the platform's outputs.

Author Ben performing agricultural labor on a family farm in Central America for the 2026 Economic Review.

When I’m not reading about GDP growth, I’m on the farm trying to keep pace with my girlfriend’s dad. It is a constant reminder that the real engine of the Central American economy is the hard work of the people behind the exports.