Paraguay
- Author: Economic Commission for Latin America and the Caribbean
- Main Title: Economic Survey of Latin America and the Caribbean 1996-1997 , pp 275-282
- Publication Date: December 1997
- DOI: https://doi.org/10.18356/f7e33c57-en
- Language: English
The Paraguayan economy grew barely 1% in 1996, the lowest rate in 10 years, causing al% reduction in per capita GDP. Output of cotton, the country's most important export product, was reduced by a third after a harvest troubled by crop pests and a drop in international prices. Within a context of fiscal balance and exchange rate stability, inflation was knocked down to around 8%, the lowest rate since 1982.
© United Nations
ISBN (PDF):
9789210582988
Book DOI:
https://doi.org/10.18356/2deb1b29-en
Related Subject(s):
Economic and Social Development
Sustainable Development Goals:
Countries:
Paraguay
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