<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
FINANCIAL STATEMENTS OF THE AMERICAS GROWTH FUND, INC. FOR THE YEAR ENDED
DECEMBER 31, 1995, AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH
FINANCIAL STATEMENTS.
</LEGEND>
       
<S>                             <C>
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          DEC-31-1996
<PERIOD-START>                             JAN-01-1995
<PERIOD-END>                               DEC-31-1995
<INVESTMENTS-AT-COST>                        4,485,000
<INVESTMENTS-AT-VALUE>                       4,575,500
<RECEIVABLES>                                        0
<ASSETS-OTHER>                                 637,700
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                               5,213,200
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                       33,200
<TOTAL-LIABILITIES>                             33,200
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                     5,141,300
<SHARES-COMMON-STOCK>                        1,265,100
<SHARES-COMMON-PRIOR>                        1,265,100
<ACCUMULATED-NII-CURRENT>                         (300)
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                         44,700
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                       (18,400)
<NET-ASSETS>                                 5,180,000
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                              288,100
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                 294,400
<NET-INVESTMENT-INCOME>                         (6,300)
<REALIZED-GAINS-CURRENT>                        44,700
<APPREC-INCREASE-CURRENT>                      (13,300)
<NET-CHANGE-FROM-OPS>                           25,100
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                              0
<NUMBER-OF-SHARES-REDEEMED>                          0
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                          25,100
<ACCUMULATED-NII-PRIOR>                          6,000
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                           36,000
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                302,200
<AVERAGE-NET-ASSETS>                         5,167,500
<PER-SHARE-NAV-BEGIN>                             4.07
<PER-SHARE-NII>                                   (.01)
<PER-SHARE-GAIN-APPREC>                            .03
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                               4.09
<EXPENSE-RATIO>                                    5.8
<AVG-DEBT-OUTSTANDING>                          26,500
<AVG-DEBT-PER-SHARE>                               .02
        

</TABLE>