Guatemala
- Author: Economic Commission for Latin America and the Caribbean
- Main Title: Economic Survey of Latin America and the Caribbean 1995-1996 , pp 217-224
- Publication Date: December 1996
- DOI: https://doi.org/10.18356/5d118f1c-en
- Language: English
In 1995 the Guatemalan economy expanded by 5%, which was, faster than in the preceding two years, thanks to good export prices and brisk domestic spending induced by a significant increase in private-sector bank credit. The growth in exports reduced the balance-of-payments current account deficit, but even so, it was still quite high. Inflation also slowed to below 9%, but this may have been partly attributable to the delay in adjusting electricity prices.
© United Nations
ISBN (PDF):
9789210582995
Book DOI:
https://doi.org/10.18356/b63a7896-en
Related Subject(s):
Economic and Social Development
Sustainable Development Goals:
Countries:
Guatemala
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