Highest Growth in Latin America????

[rellosk]

Must be all those canandian dollars flowing in via western union to resort workers.............

I know you were joking, but does anyone know if outside remittances count in the GDP. My guess is no, but you never know.

 

[aegap]

It counts when it is spent to buy new stuff.

 

[Mr_DR]

Must be all those canandian dollars flowing in via western union to resort workers.............

Yep, I agree with that.

Sankies now are 50% richer.

 

[rellosk]

It counts when it is spent to buy new stuff.

I guess you're right. Personal consumption is one of the biggest components of the GDP in the US.

 

[principe]

I believe foreign remittances are accounted for and form a part of GDP, roughly 10-15% of DRs GDP (ballpark)