Economic Survey of Latin America and the Caribbean 2006-2007

image of Economic Survey of Latin America and the Caribbean 2006-2007

The publication surveys the main economic events and developments of 2006 and the first half of 2007 in the light of the region’s recent economic performance. The fifty-ninth edition of the survey is aimed to provide further inputs for the economic debates concerning means of promoting a rapid, sustainable growth process capable of creating conditions conducive to an improvement in the living conditions in the region. It also describes various aspects of the regions economic growth dynamics. The tables provided in the statistical appendix provide ready access to data for recent years and facilitate the creation of spreadsheets. The edition is supplemented by a CD-ROM.




According to information from the National Statistical Office, the Cuban economy expanded by 12.5% in 2006, which was similar to the figure for per capita GDP growth, owing to the standstill in population numbers during the year. The fiscal deficit was equivalent to 3.2% of GDP, one percentage point smaller than in 2005. The inflation figure to December was two percentage points higher than for 2005, at 5.7%. Open unemployment remained low, registering 1.9%, the same rate as in 2005.


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