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.




In 2004 the Nicaraguan economy continued the recovery begun in 2003, after two years of lacklustre growth. Progress was made towards consolidating overall macroeconomic stability in the framework of the three-year programme signed with the International Monetary Fund (IMF) in 2002. Real GDP increased by 5.1% and per capita GDP, by 2.5%, following two years of decline. This performance was driven by buoyant exports and an expansion of domestic demand engendered by higher investment (especially in the public sector).


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