Ismael Mendoza
Ismael Mendoza
Senior Economist

Ismael Mendoza Mogollón is a Research Economist at BBVA Peru since August 2015. He is focused in monitoring and assessing macroeconomic and external variables, as well as forecasting these variables using econometric models and financial programming.

He was previously an External Sector Analyst in the General Directorate of Macroeconomic Policy and Fiscal Decentralization of the Ministry of Economy and Finance, area which is directly involved in the design of fiscal policy.

His research interests are focused on macroeconomic and financial issues, and he has published on these subjects.

He graduated from the Master in Economics from Universidad del Pacífico (Lima, Peru) and has a Bachelor degree in Economics from the National University of Piura. He has taken the course of University Extension Central Reserve Bank of Peru, as well as courses organized by the International Monetary Fund and the Center for Latin American Monetary Studies.

Latest publications

Activity slowed at the beginning of the year due to the decline in public investment and mining production. Going forward, there will be a better performance .We continue foreseeing GDP will grow by 3.9% in 2019 supported by mining investment. However, in comparison with the previous report, now our forecast has a downward bias.
The international environment has been deteriorating since the middle of last year. In this context, it is interesting to analyze how this is affecting and will continue to affect the economic activity of Paraguay. This document evaluates the impact of changes in some external real and financial variables on the Paraguayan GDP.
We estimate that GDP advanced around 4.6% yoy in Q4 2018. As a result, GDP growth in 2018 would have been around 3.9%. This year, due to a strong increase in mining investment, but also more restrained public spending and less favourable external conditions, we forecast that GDP will advance 3.9% in 2019, a similar figure to that of our previous report.