1945

Gross domestic product (GDP) grew by 2.6% in 1999. This was in line with the projections made for the monetary and financial programme but less than the 1998 figure (3.5%) and well below the robust, sustained annual increase of 6.9% achieved during 1992-1995, after the peace accords were signed. Per capita GDP posted a negative growth rate (-0.2%) after having expanded by 1.4% in 1998. National income stagnated as the terms of trade deteriorated and net external income payments Increased.

Related Subject(s): Economic and Social Development
Countries: El Salvador
/content/books/9789210582957s003-c009
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