Investor Presentaiton
1
...which allowed for a comparatively smaller
deterioration of macroeconomic fundamentals in 2020.
Real GDP Contraction in LatAm in 2020 (1)
(In %)
-2
Deterioration in Fiscal Balances in LatAm in 2020 (2)
(Change between 2019 and 2020 in fiscal deficit in % of GDP)
8
-6
-5.9
6
-10
-14
-18
4
2
1.8
Note: Regional and country specific information is as aggregated or reported, as applicable. Each such country information may be calculated differently and aggregated by each respective source
using various methodologies. Accordingly, this comparison is for illustrative purposes only and we do not purport assert that the above information is actually comparable.
Source: Official National Statistics.
(1)
(2) Source: Fitch Sovereign Data Comparator, as of June 2021, except for Uruguay that corresponds to official fiscal outturns as reported by the Ministry of Economy and Finance. In all cases,
corresponds to the General Government.
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