ESPACIO PUBLICITARIO
CARACAS, Thursday January 17, 2013 | Update
 
|
share
|
ECONOMIC OUTLOOK | Modest acceleration

UN forecasts economic growth in Venezuela at 2.5% in 2013

The economy of Latin America and the Caribbean is expected to grow 3.9% in 2013 and 4.4% in 2014, a United Nations report suggested

EL UNIVERSAL
Thursday January 17, 2013  11:11 AM
A "modest acceleration of economic growth" is expected in the next two years in Latin America and the Caribbean with growth rates at 3.9% in 2013 and 4.4% in 2014, according to a United Nations report entitled, "World Economic Situation and Prospects 2013."

This means, however, an improvement considering the noticeable deceleration in the yearly growth of the region's gross world product (GWP), which stood at 3.1% in 2012 as against 4.3% in 2011 and 6% in 2010. 

The report indicated that Brazil's economic growth in the next two years will stand at 4% in 2013 and 4.4% in 2014.

Likewise, the economic prospects for 2013 in other countries is as follows: Panama, 7.5%; Paraguay, 6.9%; Peru, 5.8%; Dominican Republic, 4.7%; Bolivia, 4.7%; Chile, 4.6%, Colombia, 4.5%; Ecuador, 4.4%; Costa Rica, 4.4%; Uruguay, 4.2%; and Nicaragua, 4.2%.

The countries reporting growth below average (3.9%) are the following: Mexico, 3.8%; Guatemala, 3.7%; Honduras, 3.5%; Cuba, 3.5%; Argentina, 3.2%; Venezuela, 2.5%; El Salvador, 2.2%.

The report also highlights the effects of the drop of Latin American exports attributed to the crisis in the US and Europe. Export in the first half of 2011 grew 28%, compared to only 4% in the same period of 2012.

Translated by Jhean Cabrera
|
share
|
ADVERTISING SPACE
Dossier
Best and brightest for export

Around 1.5 million Venezuelans have decided to emigrate in search of a better future for their families. The figure accounts to between 4% and 6% of the overall population. Approximately 88% of these expatriates have made up their mind to emigrate over the last 15 years.

 Ranking
  •  Read 
fotter clasificados.eluniversal.com Estampas
Alianzas
fotter clasificados.eluniversal.com Estampas
cerrar