Trends and risks of the consumption in Latin American and the Caribbean

5 May 2014 | Infographic

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Topic(s)

Trade in goods and services
Trends and risks of the consumption in Latin American and the Caribbean infography

In recent years, an increase in household income in the region has resulted in a striking rise in consumption, which has in turn improved well-being in sectors traditionally deprived of access to some goods and services. However, the consumption pattern is strongly procyclical and volatile, with a bias towards private consumption based on income brackets.

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Country(ies)

  • Latin America and the Caribbean

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