Ecuador
- Author: Economic Commission for Latin America and the Caribbean
- Main Title: Economic Survey of Latin America 1980 , pp 231-250
- Publication Date: December 1982
- DOI: https://doi.org/10.18356/63b17d5e-en
- Language: English
In 1980 the economy once again showed moderate growth in overall output, the hgure of somewhat over 5% recorded being fairly close to the 5.6% projected for that year in the 1980-1984 Development Plan. This trend in the product was accompanied, however, by a slackening in the rate of investment (particularly private investment), which remained depressed. Moreover, the fiscal deficit expanded considerably and the rate of inflation rose. However, the trade deficit was halved and the current account deficit was reduced by a somewhat smaller proportion. At the same time, the inflow of a large volume of foreign capital resulted in significant increases in the international reserves on the one hand and external indebtedness on the other.
© United Nations
ISBN (PDF):
9789210583305
Book DOI:
https://doi.org/10.18356/1ddd9b91-en
Related Subject(s):
Economic and Social Development
Sustainable Development Goals:
Countries:
Ecuador
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