Economic Survey of Latin America and the Caribbean 2002-2003

image of Economic Survey of Latin America and the Caribbean 2002-2003

The present edition of the Survey consists of three parts. The first part covers the main aspects of the regional economy from a sectorial and thematic perspective. The second part contains information of the analysis of the economic performance of the 19 countries of Latin America and the Spanish-speaking Caribbean and Haiti. The third part is dedicated to the remaining countries of the Caribbean, mainly English-speaking countries. Finally, the Survey offers two statistical appendixes, one of them contained in a CD-ROM distributed with the printed version.




The Bolivian economy posted a 2.7% expansion in 2002, in a context of sluggish household demand, political uncertainty and faltering exports. Although growth was stronger than in 2001 (1.6%), it still fell short of the 5% recorded in 1997 and 1998. In the first quarter of 2003, gross domestic product (GDP) expanded by just 1.4%, reflecting continued slackness in household consumption compounded by the social disturbances that occurred in February. These growth figures meant a fourth straight year with no improvement in per capita GDP.


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