Paraguay : Recent Economic Developments

Author/Editor:

International Monetary Fund

Publication Date:

March 5, 1999

Electronic Access:

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Summary:

This paper describes economic developments in Paraguay during the 1990s. After recording a growth rate of 1.3 percent in 1996, real GDP expanded by 2.6 percent in 1997, or about the same rate as population growth. This reflected mainly a recovery in agricultural output owing to abundant rains. GDP growth suffered a new setback in 1998, with preliminary estimates showing a growth rate of only 0.6 percent, owing mainly to the continued stagnation in the manufacturing sector and a reduction of trade-related activities owing to tighter border controls in Brazil.

Series:

Country Report No. 99/10

Subject:

English

Publication Date:

March 5, 1999

ISBN/ISSN:

9781451832358/1934-7685

Stock No:

1PRYEA0011999

Price:

$15.00 (Academic Rate:$15.00)

Format:

Paper

Pages:

54

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