Posted on: June 16th, 2006
Filed Under: [ Hispanic News ] [ Non-US News ]
Tags: blog, latin america, Venezuela
“The Latin American and Caribbean economy grew by 4.5% in 2005, and the region’s per capita GDP is estimated to have risen by about 3%. All Latin American countries recorded positive growth rates, ranging from 1.8% in Haiti to 9.3% in Venezuela. Economic expansion is expected to continue unabated in 2006, and ease slightly in 2007. GDP growth for Latin America and the Caribbean is projected to be 4.6% in 2006, and 4.1% in 2007. Broadband grew at an annual rate of around 75% in 2005, making Latin America one of the world’s fastest growing regions in terms of broadband uptake. However, it still accounts for only 3.9% of the world’s broadband pie, Research and Markets reports.”
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