Table 1 Descriptive statistics: mean of the economic variables
Variable | LAC countries | Non-LAC countries | All countries | ||
|---|---|---|---|---|---|
1990–1999 | 2000–2010 | 1990–1999 | 2000–2010 | 1990–2010 | |
GDP per capita real growth | 2.07Â % | 2.56Â % | 2.19Â % | 2.72Â % | 2.45Â % |
Capital formation annual growth | 8.13Â % | 6.01Â % | 4.91Â % | 5.59Â % | 5.62Â % |
Trade partner annual growth | 2.09Â % | 8.88Â % | 2.74Â % | 8.51Â % | 5.71Â % |
Exports annual growth | 7.42Â % | 4.81Â % | 7.44Â % | 6.58Â % | 6.87Â % |
Agricultural raw materials exports (% of merchandise exports) | 4.70Â % | 3.03Â % | 5.09Â % | 4.61Â % | 4.71Â % |
Fuel exports (% of merchandise exports) | 17.19Â % | 21.99Â % | 9.92Â % | 13.08Â % | 12.89Â % |
Food exports (% of merchandise exports) | 30.36Â % | 23.97Â % | 18.49Â % | 14.48Â % | 18.11Â % |
Ores and metals exports (% of merchandise exports) | 11.92Â % | 12.48Â % | 5.00Â % | 6.06Â % | 6.63Â % |
Manufactured exports (% of merchandise exports) | 33.89Â % | 37.85Â % | 59.75Â % | 59.01Â % | 55.53Â % |