August 10, 2011

Ecuador’s GDP growth was driven by construction, which added 3.2 percentage points to overall annualized GDP growth, and “other services” (restaurants, bars, hotels, communications, rental housing, business and household services, education, and health), which added 2.4 percentage points.  Public administration (which also includes defense and social security) was the only sector to have a negative effect on GDP growth; it subtracted 0.6 percentage points of growth.

For more, check out our latest Latin America Data Byte.