Thursday, October 4, 2012

V. T. XXX - Gross Domestic Product ( GDP )

        This post is a summary of a report published at: ECLAC.org at 2 October 2012 with the title of " Latin America and Caribbean growth will fall to 3.2% in 2012, owing to the weak global economy." Where there are the estimates of growth for 2012 in the Latin America countries.The source is from ECLAC on the basis of official figures, these are projections in the variation in GDP for 2011-2012.
        GDP is one of the primary indicators used to gauge the health of a country`s economy. As one can imagine, economic growth, what GDP represents, has a large impact on nearly everyone. For example, when  the economy is health, you will see low unemployment and wage increases as businesses demand labor to meet the growing economy. ( investopedia.com ).
       The other list is the ranking of  GDP of the Minas Gerais municipalities, this data is from: IBGE.gov.br and is from 2009, the most recent year available. This list is the first.

 GDP of MG Municipalities          Estimates of GDP growth 2012 for L. A. Countries

1º Belo Horizonte - 44.5 billions                                   Panama   9.5%
2º Betim - 25.2 b                                                          Peru     5.9%
3º Uberlândia - 16.1 b                                                  Chile     5.0%
4º Contagem - 15.4 b                                                   Costa Rica  5.0%
5º Juiz de Fora - 7.4 b                                                  Bolivia    5.0%
6º Uberaba - 6.5 b                                                       Venezuela  5.0%
7º Ipatinga - 5.6 b                                                         Ecuador   4.5%
8º Sete Lagoas - 4.1 b                                                  Colombia   4.5%
9º Montes Claros - 3.8 b                                               Suriname   4.3%
10º Itabira - 3.4 b                                                          Mexico    4.0%
11º Varginha - 3.0 b                                                      Uruguay    3.5%
12º Gov. Valadares - 2.85 b                                          Argentina    2.0%
13º Divinópolis - 2.82 b                                                   Brazil     1.6%
14º Poços de Caldas - 2.8 b                                          Paraguay    -2.0%
15º Pouso Alegre - 2.5 b