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Table 4 Growth rates and openness

From: The demand for military spending in Latin American countries

 

GDP growth rate (%)

Openness (imports + exports as % of GDP)

Average

Max

Min

Average

Max

Min

Dominican Republic

5.2

18.2

− 12.5

60.4

86.5

32.7

El Salvador

2.5

7.5

− 11.8

61.0

76.6

36.9

Guatemala

3.9

9.5

− 3.5

45.4

69.5

24.9

Mexico

4.1

11.9

− 5.8

35.8

72.8

15.9

Argentina

2.7

12.7

− 10.9

20.4

41.8

10.3

Bolivia

3.1

8.0

− 12.2

53.1

85.3

31.3

Brazil

4.3

14.0

− 4.4

19.0

29.7

9.1

Chile

4.3

12.3

− 11.4

50.6

81.0

23.1

Colombia

4.3

8.5

− 4.2

31.6

39.0

21.8

Ecuador

4.0

14.0

− 4.7

41.6

68.1

19.3

Peru

3.8

12.3

− 12.3

38.3

58.4

22.5

Venezuela

2.7

18.3

− 8.9

47.6

60.1

30.7