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Economic Survey of Latin America and the Caribbean 1998-1999

image of Economic Survey of Latin America and the Caribbean 1998-1999

This survey presents an overview of the regional economy and the economic performance in 1998 and the first half of 1999. It also offers individual country reports on the performance of the 20 countries of Latin America during 1998 and the first half of 1999. In addition, the Economic Survey of Latin America and the Caribbean analyzes the economic situation in the countries of the English-speaking Caribbean. This year's edition includes a CD-ROM that contains the statistical appendix.

English

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Ecuador

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%.

English

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