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Economic Survey of Latin America and the Caribbean 1995-1996

image of Economic Survey of Latin America and the Caribbean 1995-1996

This publication gives insight into the economic trends, the international economy and the role of exchange rate policy in the region. It also explores the economic developments by country. Included also is a statistical annex on diskette.

English

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Level of activity and inflation

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.

English

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