Argentina
- Author: Economic Commission for Latin America and the Caribbean
- Main Title: Economic Survey of Latin America and the Caribbean 2005-2006 , pp 121-128
- Publication Date: April 2006
- DOI: https://doi.org/10.18356/ac755f4a-en
- Language: English
GDP continued to grow briskly during 2005 and the first few months of 2006. In 2005, economic activity was up by 9.2%, thereby surpassing its record 1998 rate. This represented a complete turnaround from the declines registered during the lengthy, deep recession of the late 1990s and early years of the present decade. Although all components of aggregate demand showed a considerable increase in 2005, the star performers were investment (with an investment-to- GDP ratio of 22.2% at current prices in the last quarter —the highest since the series began in 1993) and exports of goods and services. True to the pattern observable since 2003, aggregate consumption climbed significantly, although by less than GDP growth.
© United Nations
ISBN (PDF):
9789211561036
Book DOI:
https://doi.org/10.18356/05f76052-en
Related Subject(s):
Economic and Social Development
Sustainable Development Goals:
Countries:
Argentina
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