Economic Survey of Latin America and the Caribbean 2005-2006

image of Economic Survey of Latin America and the Caribbean 2005-2006

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.



El Salvador

In 2005, GDP in El Salvador grew by 2.8%, resulting in the largest increase in per capita GDP (1%) for six years. The increase in agricultural production and the improved performance of the construction sector offset the lower growth of previous years. Nevertheless, this growth rate was lower than in the other Central American countries and below the average for Latin America. Increased public investment (24.9%) had a significant multiplying effect on consumption, and family remittance income was equivalent to 16.7% of GDP.


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