Economic
Current Situation
- GDP in 2000: $ 300 billion ($ 367 in PPP terms)
- GDP per capita in 2000: $ 8000 ($ 10,000 in PPP)-- the largest in Latin America
- Growth Rate: -3% in 1999, projected 0% in 2000, but recovery expected in 2001: 2.5 - 3.5% growth prediction
- Interest Rates: Currently (Feb 2001), 8%
- Inflation: -0.5%
- Services: 61%, Industrial/Mfg: 32%, Agricultural: 6%
- Largest trading partner: Brazil
- Largest Foreign Investors: Spain, closely followed by the US