Since 2003, Latin America’s economies have been thriving, with GDP, including estimates for 2006, up by 17% – an average annual growth rate of 4.3% and a 12% increase in per capita GDP. While impressive, this is only the second time in 25 years that Latin America experienced four consecutive years of positive economic growth. Will such good times continue?
Since 2003, Latin America’s economies have been thriving, with GDP, including estimates for 2006, up by 17% – an average annual growth rate of 4.3% and a 12% increase in per capita GDP. While impressive, this is only the second time in 25 years that Latin America experienced four consecutive years of positive economic growth. Will such good times continue?