In 2007 Latin American and Caribbean region was confronted with a worsening external financial situation caused by a high level of volatility in international financial markets and rising uncertainty, both largely the result of the crisis originating in the United States financial market, though economies continued to grow. This annual publication includes official country figures and an analysis of developments in the region's economy in 2007 and projections for 2008. It covers primary economic indicators such as: Gross Domestic Product (GDP), inflation, imports/exports, and unemployment. Key economic trends are identified and their causes are explained.