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.




Although economic growth was moderate (3.9%) in 2005 and GDP is expected to increase by 3.5% in 2006, the economy faces significant challenges as regards the oil industry and competitiveness in general. In particular, given problems in the electricity sector, the threat of losing access to external markets under advantageous conditions and cost issues, the government will have to make explicit efforts to lower barriers to private-sector competitiveness.


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