1945

In 1998 Ecuador’s economy recorded its worst result of the decade. GDP growth was practically nil (0.4%), inflation surged to 43.4%, the non-financial public-sector deficit climbed to 6.2% of GDP, and the balance-of-payments current account deficit grew to over 10%.

Related Subject(s): Economic and Social Development
Countries: Ecuador
/content/books/9789210582964s003-c008
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