The external sector
- Author: United Nations
- Main Title: Preliminary Overview of the Economies of Latin America and the Caribbean 2018 , pp 39-50
- Publication Date: January 2019
- DOI: https://doi.org/10.18356/b070a613-en
- Language: English Spanish
In 2018, import growth —fuelled by stronger domestic demand— outpaced exports and thus eroded the trade surplus. At the same time, the income account deficit widened on the back of increased profit remittances abroad and interest payments on the external debt, in a context of rising international interest rates. On the other hand, the surplus on current transfers continued to grow, driven by a stronger flow of remittances received, while the services trade deficit was broadly unchanged.
© United Nations
ISBN (PDF):
9789210586474
Book DOI:
https://doi.org/10.18356/8087a405-en
Related Subject(s):
Economic and Social Development
Sustainable Development Goals:
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