1945

Major sectors of economic activity

The growth of agriculture in Latin America, which had been relatively sluggish during the first years of the present decade and virtually stagnant in 1966, gained momentum in 1967, mainly as a result of the recovery of agriculture in two of the largest countries: Argentina and Brazil. In view of the weight carried by these two countries in the regional index, the rate of growth of the gross agricultural product for Latin America as a whole in 1967 was 5.6 per cent, which would seem to indicate a satisfactory margin of per capita growth, even when the increase in population has been taken into account.

Related Subject(s): Economic and Social Development
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