Trends in Per Capita Consumption in Central America, 1969-1989

摘要

The paper compares per capita consumption and Gross Domestic Product (GDP) trends in five Central American countries -- Costa Rica, El Salvador, Guatemala, Honduras, and Nicaragua -- from 1969 to 1989; changes in the ratio of government consumption (GC) and private consumption (PC) as a percentage of total consumption (TC) are also analyzed, and the implications of TC/GDP and GC/PC ratios for economic growth and improving living standards are discussed.