Unlocking the economic potential of Central America and the Caribbean
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<subfield code="a">Over the past 15 years,1 the economies in Central America and the Caribbean (CAC) recorded an average annual GDP growth of around 4 percent, higher than the growth rates achieved by the Latin American average and most developed economies, but well below most other developing regions; regions such as South Asia and sub-Saharan Africaand countries such as China or Indiaexhibited average annual growth of more than 5 percent during this period. What has enabled the CAC region to have achieved faster growth than the rest of the Latin American countries? The aim of this report is to answer that question.</subfield>
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