Ecuador: Contributions to Real GDP Growth

October 07, 2011

October 7, 2011

Ecuador’s economy grew at an 8.9 percent annual rate in the 2nd quarter.  Growth was driven by construction, which accounted for nearly 40 percent of overall growth.  The only major sector to decline was petroleum, which shaved 0.4 percentage points off of overall GDP growth (annualized).

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For more, check out the latest Latin America Byte.

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