Preliminary Overview of the Economies of Latin America and the Caribbean 2009
Preliminary Overview of the Economies of Latin America and the Caribbean 2009
(ECLAC. LC/G-2424-P. December 2009 )
After six years of economic growth, the GDP of the Latin American and Caribbean region will shrink by an estimated 1.8% in 2009, which translates into a contraction of around 2.9% in per capita GDP. The impact of the international crisis was felt heavily in late 2008 and early 2009, albeit in different ways, in all the countries of the region.