Economic Survey of Latin America and the Caribbean 2004-2005

image of Economic Survey of Latin America and the Caribbean 2004-2005

This year's edition of the Economic survey of Latin America and the Caribbean,the fifty-seventh in this series, is divided into two parts. The first analyses the main features of the regional economy, while the second examines the situation in the individual countries of Latin America and the Caribbean. The full statistical appendix is published in electronic format for ease of data processing.




Economic expansion continued apace in 2004 with GDP growth of 9%, and in the first half of 2005 the level of activity appears to have matched the highs recorded some seven years ago. Although the strong recovery was associated with a significant jump in consumption, the ratio of domestic saving to GDP also rose to well above the last decade's figures. In 2004 fixed investment expanded by nearly 35%, thereby enabling a recovery of capital formation, which climbed to 17.7% (19% in the third quarter).


This is a required field
Please enter a valid email address
Approval was a Success
Invalid data
An Error Occurred
Approval was partially successful, following selected items could not be processed due to error