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relation to that of comparator countries, chosen amongst main export competitors. We provide ..... infrastructure necessary to reach the next development stage.
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infrastructure gap of. $57 trillion against a backdrop of ser- ious fiscal restraint presents unpreced- ented challenges
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INVESTMENT IN INFRASTRUCTURE in Latin America and the Caribbean The countries of the region should invest 6.2% annually of their gross domestic product (GDP) in the 2012-2020 period –around 320 billion dollars- in order to close the existing gap between supply and demand of infrastructure. According to ECLAC, these investments in transport, energy,
telecommunications and water and sanitation works help enlarge the coverage and quality of infrastructure services and foster the general welfare of the population.
Investment in economic infrastructure in Latin America and the Caribbean (2012), in GDP percentages*:
5.47
Costa Rica
5.08
Uruguay
4.93
Nicaragua
4.47
Bolivia
4.46
Peru
4.10
Brazil
3.32
Mexico
3.32
Panama
2.89
Argentina
2.83
Chile
2.45
Colombia
2.30
El Salvador
1.58
Ecuador
1.55
Guatemala
1.51
Paraguay
Investment in infrastructure by sector in the region, 2012 (as GDP percentage)*:
Transport
Energy
1.46 %
1.26 %
Telecommunications
Water and sanitation
0.45 %
0.33 %
TOTAL Latin America
3.49 % * Preliminary data.
Source: Economic Infrastructure Investment in Latin America and the Caribbean Data Base, 1980-2012 (EII-LAC-DB), FAL Bulletin N° 332, www.cepal.org/transporte.