Economic Survey of Latin America 1954

image of Economic Survey of Latin America 1954

Published since 1948, this report examines various aspects of the previous year’s macroeconomic situation in the region and makes projections for the coming months. The study also includes country notes that review the performance of the main economic indicators in the period analysed.




Paraguay’s gross income increased slightly in 1954, according to available data which indicate a remarkable improvement in the terms of trade, a rise in crop production (in contrast with a small decline in livestock output) and a tendency towards stability in industrial production, although the latter is of little importance for the domestic economy. Available goods and services have also grown with the expansion of the quantum of imports.


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