Paraguay: Recent Economic Developments
March 1, 1999
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This report describes economic developments in Paraguay during the 1990s. Despite a severe banking crisis, the macroeconomic performance in 1995 was relatively good as real GDP growth picked up to 4.2 percent from 3.1 percent in 1994. Inflation fell to 10.5 percent by end-1995, compared with 18.3 percent at end-1994. Still, the economy was weakened, as a credit crunch arising from the problems in the financial sector and decreased activity in Paraguay’s re-export trade took their toll.
Subject: Bank deposits, Banking, Commercial banks, Credit, Economic sectors, Financial institutions, Financial services, Money, Public enterprises, Public sector
Keywords: Africa, Asia and Pacific, Bank deposits, banking system, capital goods, Commercial banks, consumer goods, CR, Credit, Europe, factor cost, financial system, foreign currency, ISCR, minimum wage, net domestic product, net national product, Public enterprises, Public sector, Real GDP growth, unit price, Western Hemisphere
Pages:
95
Volume:
1996
DOI:
Issue:
085
Series:
Country Report No. 1996/085
Stock No:
1PRYEA0011996
ISBN:
9781451832334
ISSN:
1934-7685
