Friday, August 21st 2026 - 09:47 UTC
If the projections hold, the region will complete five consecutive years of growth averaging close to 2.3%. The regional economy expanded 2.4% in 2025 and 2.3% in 2024
The Economic Commission for Latin America and the Caribbean on Thursday lowered its regional growth projection for 2026 to 2.2%, one tenth below the estimate issued in December. The United Nations body expects a partial recovery to 2.5% in 2027 and warns that the current pace is insufficient to sustainably raise income per capita.
If the projections hold, the region will complete five consecutive years of growth averaging close to 2.3%. The regional economy expanded 2.4% in 2025 and 2.3% in 2024. “The projections show the region would preserve the gains made in macroeconomic stability, though with less economic dynamism,” said the commission, which is based in Santiago de Chile.
The revision reflects a more complex external environment than anticipated late last year, with heightened geopolitical tensions, restrictive financial conditions and global inflationary pressures. The figures were compiled using information available up to July 30.
