Latin America and the Caribbean.

• Position: Ilustraci

Latin America and the Caribbean GDP % change on year ago LT Consensus Forecast * latest 2006E 2007F 2008F Argentina 8.6 Q4 '06 8.5 7.3 5.1 Brazil 3.8 Q4 '06 2.9 3.5 3.6 Chile 4.3 Q4 '06 4.2 5.2 5.1 Colombia 8.0 Q4 '06 6.8 5.2 4.5 Ecuador 2.2 Q4 '06 4.1 3.4 2.8 Mexico 4.3 Q4 '06 4.8 3.5 3.8 Peru 8.5 Q4 '06 8.0 6.6 5.7 Venezuela 11.8 Q4 '06 10.3 6.8 4.6 Industrial Unemployment production % rate % change on year ago latest latest Argentina 6.1 Jan '07 8.7 Q4 '06 Brazil 4.5 Jan '07 9.3 Jan '07 (+) Chile 3.7 Jan '07 6.1 Jan '07 Colombia 12.4 Dec '06 13.8 Jan '07 Ecuador 8.0 Jan '07 9.9 Jan '07 Mexico 1.4 Jan '07 4.0 Jan '07 (+) Peru 9.2 Jan '07 8.3 Jan '07 Venezuela 11.1 Dec '06 Producer prices Consumer prices % change on year ago LT Consensus Forecast * latest 2006E 2007F 2008F Argentina 6.0 Jan '07 9.8 10.3 10.9 Brazil 4.3 Dec '06 3.1 3.9 3.9 Chile 12.3 Jan '07 2.6 2.7 2.9 Colombia 5.0 Jan '07 4.5 4.3 3.9 Ecuador -3.4 Jan '07 2.9 3.1 2.3 Mexico 6.6 Jan '07 4.1 3.6 3.4 Peru -0.3 Jan '07 1.1 1.9 2.6 Venezuela 16.5 Jan '07 17.0 18.1 18.7 Exchange rates end of period per US$ LT Consensus Forecast * 2006E 2007F 2008F Argentina 3.06 3.17 3.31 Brazil 2.14 2.15 2.22 Chile 534 549 555 Colombia 2,239 2,348 2,432 Ecuador 1.00 1.00 1.00 Mexico 10.81 11.17 11.46 Peru 3.20 3.18 3.21 Venezuela 2,147 2,301 2,533 Current account as % of GDP LT Consensus Forecast * 2006E 2007F 2008F Argentina 3.2 2.3 1.4 Brazil 1.4 0.9 0.4 Chile 3.6 1.6 1.1 Colombia -1.6 -1.8 -2.0 Ecuador 2.6 0.6 -1.4 Mexico -0.3 -1.2 -1.3 Peru 2.4 1.2 0.5 Venezuela 15.5 9.6 6.3 International reserves US$ billions LT Consensus Forecast * 2006E 2007F 2008F Argentina 32.0 42.9 50.2 Brazil 85.8 102.5 111.2 Chile 18.3 17.3 17.7 Colombia 15.4 16.0 16.5 Ecuador 3.0 3.2 2.9 Mexico 67.7 70.3 69.6 Peru 17.3 19.3 20.5 Venezuela 36.7 34.2 32.7 * LATIN TRADE Consensus Forecast includes ABN-Amro, Banamex, BBVA, Citigroup, Goldman Sachs, Merrill Lynch, Morgan Stanley, Santander Central Hispano Investment, UBS Pactual, LATIN TRADE (+) open unemployment (economically active, seeking work) Consumer prices % change on year ago latest year ago Argentina 9.7 Jan '07 12.1 Bolivia 6.0 Jan '07 3.9 Brazil 3.0 Jan '07 5.7 Chile 2.8 Jan '07 4.1 Colombia 4.7 Jan '07 4.6 Costa Rica 9.2 Jan '07 13.2 Dominican Rep. 4.4 Jan '07 8.3 Ecuador 2.7 Jan '07 3.5 El Salvador 5.5 Jan '07 3.3 Guatemala 5.9 Jan '07 7.7 Honduras 5.6 Jan '07 7.3 Jamaica 6.0 Jan '07 12.9 Mexico 4.0 Jan '07 3.9 Panama 2.3 Jan '07 3.1 Paraguay 9.8 Jan '07...