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GDP Growth: Peru, Uruguay Lead

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Peru, Uruguay and Brazil lead growth, while Haiti and Venezuela are the laggards.


BY CHRONICLE STAFF

 

Peru and Uruguay will have the fastest-growing economies in Latin America this year, measured in percentage terms. But Brazil will lead in real terms, according to a Latin Business Chronicle analysis of new estimates from the International Monetary Fund (IMF).

Peru's economy will likely expand by 6.3 percent, while Uruguay's GDP is expected to grow by 5.7 percent. Last year, Peru posted GDP growth of 0.9 percent, while Uruguay’s economy grew 2.8 percent (the fourth-highest rate in Latin America).

 

Meanwhile, Brazil's economy -- Latin America's largest -- should see a 5.5 percent expansion this year. That compares with a 0.2 percent decline last year.



Keywords: Dominican Republic, Haiti, Mexico, Panama, Peru, Uruguay, Venezuela, Chart with Latin America GDP Growth 2009-11

Latin America GDP Growth 2008-12


 

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