Open figure viewer
Significance
The situation has been attributed largely to the emergence of the highly contagious Omicron variant. Case numbers look set to continue rising for much of the first quarter of 2022, posing health and economic challenges regionwide.
Impacts
Rising cases may affect Costa Rica’s elections in February, with politicians seen as more reliable on healthcare issues likely to benefit.
Tourist areas may see a slowdown in arrivals, as rising cases within the region and in key source markets deter international travel.
Planned investments may be delayed until after the current wave subsides, as investors assess the economic impact.
Keywords:
Central America,
LA/C,
Belize,
Costa Rica,
El Salvador,
Guatemala,
Honduras,
Nicaragua,
Panama,
economy,
industry,
politics,
social,
emergency,
government,
health,
pharmaceutical,
policy,
tourism,
Travel & Tourism
© Oxford Analytica 2022. All rights reserved. This content contains general information about geopolitical, macroeconomic and social developments or (where stated) other matters. It does not contain advice or recommendations that may be relied on. Where links to external websites are provided, this does not indicate that Oxford Analytica or Emerald agree with, endorse or have checked for accuracy the contents of said sites.
2022
You do not currently have access to this content.
