1945

The gross domestic product (GDP) of Latin America and the Caribbean grew by 0.3% in 1995, thereby interrupting the recovery which had begun in 1991. Per capita GDP thus declined 1.5%, in contrast with the 3.3% increase noted in the preceding year. As a result, the region’s GDP for 1995 was 16% higher than in 1990, but only 30% higher than in 1980, before the debt crisis struck, while per capita GDP was still 5% lower than the 1980 figure.

Related Subject(s): Economic and Social Development
/content/books/9789210582995s002-c005
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