Nearshoring

Advantages of Nearshoring

Nearshoring as a development tool allows an increase in gross domestic product (GDP) of between 11% and 14% for countries that opt for this model; it also increases productivity, attracts foreign investment, encourages the inclusion of female labor and the hiring of more personnel, and finally, enables higher wage payments, according to the Inter-American Development Bank (IDB) data presented at the Summit of the Americas, 2022

Therefore, Latin America, as a region, must take advantage of its position and promote new alliances with the international private sector, given that investment indicators show a positive increase for this region in the near future.

Nearshoring advantages

IDB Finances Relocation of Companies in Latin America

According to the IDB, the offering is not only for U.S. or U.S.-focused companies looking to relocate operations, but for any company that sees benefits in relocating their production and other operations from Asia into Latin America.

THE REGION

Analysis of opportunities in Central America, Colombia, and Mexico

 

Population Of Central America 2022

central america population

Minimum wage 2021 Central America, Colombia, and Mexico

minimum wage

GDP per capita 2020 Central America, Colombia and Mexico

gdp per capita

GDP per capita 2020 Central America, Colombia and Mexico

gdp per capita

Human Development Index (HDI) 2020 Central America, Colombia and Mexico

Central America, Colombia and Mexico human development index

Doing Business

País Rango
Costa Rica 39
Panamá 51
México 71
Colombia 83
El Salvador 124
Guatemala 127
Nicaragua 128
Honduras 132

Analysis of Opportunities by Country

Costa Rica business opportunity analysis

Costa Rica

Colombia business opportunity analysis

Colombia

El Salvador business opportunity analysis

El Salvador

Guatemala business opportunity analysis

Guatemala

Honduras business opportunity analysis

Honduras

Mexico business opportunity analysis

Mexico

Nicaragua business opportunity analysis

Nicaragua

Panama business opportunity analysis

Panama

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Costa Rica, Nicaragua, El Salvador, Honduras, Guatemala, Panamá, México, República Dominicana, EE.UU.