PANORAMA.

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Latin Entrepreneur Index 2018 Chile and Panama continue to lead Latin America in creating a business environment that facilitates entrepreneurial activity: fewer costs in terms of time and procedures, in addition to financing facilities for new projects. Rank Change Country Score Sc. Ch. 1 same Chile 21.2 +2.02 2 same Panama 21.9 +0.07 3 same Colombia 40.2 +10.61 4 +1 Mexico 40.3 -0.90 5 -1 Uruguay 41.1 +0.21 6 same Dom. Rep. 45.5 +0.32 7 +1 Costa Rica 48 -0.96 8 -1 Peru 50.3 +2.05 9 +1 Argentina 56.1 -1.08 10 -1 Guatemala 63.8 +6.93 11 +1 Honduras 72.4 +0.41 12 -1 El Salvador 74.9 +3.17 13 same Paraguay 89.1 +0.28 14 same Ecuador 89.8 +0.67 15 same Nicaragua 94.4 -1.62 16 same Brazil 103.4 -0.17 17 same Bolivia 119.8 -0.15 18 same Venezuela 609.3 +215.13 LatAm Avg. 93.4 +13.17 Source: Latin Entrepreneur Index 3018 [c] Copyright Latin Trade Group Capital expenditures Capital goods investment fell in most Latin American industries in 2017 as a result of a lag effect from the economic slowdown of recent years. The only exceptions were the construction and transportation sectors. Sector Capex/Revenues Change 2016 2717 Construction 5.6% 8.0% +2.42% Transport 15.6% 17.6% +2.04% Other 9.8% 10.5% +0.64% Agriculture and Food 6.7% 6.2% -0.44% Tech 16.9% 16.3% -0.61% Trade 4.3% 3.4% -0.89% Chemical & Metal 4.8% 3.8% -0.96% Electric Power 13.9% 12.7% -1.22% Manufacture 12.9% 9.1% -3.76% Mining 13.7% 9.8% -3.85% Total...

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