Uruguay
- Author: Economic Commission for Latin America and the Caribbean
- Main Title: Economic Survey of Latin America and the Caribbean 1997-1998 , pp 299-307
- Publication Date: December 1998
- DOI: https://doi.org/10.18356/65edaca6-en
- Language: English
The Uruguayan economy again made significant strides in 1997. Aggregate demand expanded vigorously, bringing GDP growth to more than 5%, while inflation, which continued to fall, reached 15%, its lowest level in 30 years. The unemployment rate was slow to react, however, and only in the last few months of the year did it decline to something on the order of 10%.
© United Nations
ISBN (PDF):
9789210582971
Book DOI:
https://doi.org/10.18356/5777322d-en
Related Subject(s):
Economic and Social Development
Sustainable Development Goals:
Countries:
Uruguay
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