According to the CIA World Factbook,  Panama had an unemployment rate of 2.7 percent. A food surplus was registered in August 2008. On the Human Development Index, Panama ranked 60th in 2015. In more recent years, Panama's economy has experienced a boom, with growth in real gross domestic product (GDP) averaging over 10.4 percent in 2006–2008. Panama's economy was among the fastest growing and best managed in Latin America. The Latin Business Chronicle predicted that Panama would be the fastest growing economy in Latin America during the five-year period from 2010 to 2014, matching Brazil's 10 percent rate.