Latin America & Caribbean: COVID-19 relief package as share of GDP 2020
Between April 27 and May 7 2020, many governments in Latin America and the Caribbean announced the launch of financial aid plans to help fight the economic crisis spawned by the novel coronavirus pandemic. In Peru, for instance, the national government assigned an economic stimulus package equivalent to almost nine percent of the country's gross domestic product (GDP). In turn, the state aid provided by the Mexican government represented around one percent of Mexico's GPD.
