US EditionLatin America’s 2025 Growth Forecast Rises Slightly
LATIN AMERICA, AUG 5 – The Economic Commission for Latin America and the Caribbean projects moderate growth driven by recovery in key sectors amid global economic uncertainties.
- On Tuesday, the UN's Economic Commission for Latin America and the Caribbean raised its 2025 forecast to 2.2%, up from 2.0% in April.
- Amid persistent challenges, the region continues to struggle with declining tourism, high energy and transport costs and natural disasters, despite the first quarter of the year prompting a slight forecast increase.
- South America is projected to expand 2.7%, while Central America and Mexico are forecast at 1.0%, and Guatemala, Panama, and the Dominican Republic are expected above 3.5%, according to ECLAC.
- Although unemployment holds at about 5.6%, the report projects a slowdown in job creation, with informality and gender gaps persisting.
- Amid global headwinds, ECLAC projects 2.3% growth in 2026 and warns that geopolitical tensions, economic fragmentation, and rising current account deficits heighten regional vulnerabilities.
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Local 3 News
noticiasya.comThe Economic Commission for Latin America and the Caribbean (ECLAC) has raised its growth forecast for the region this year by two-tenths of a percentage point, projecting 2.2%, an estimate that remains lower than the previous forecast…
CNN en Español The Economic Commission for Latin America and the Caribbean (ECLAC) increased its growth forecast for the region this year by two-tenths of a percentage point, projecting 2.2%, an estimate that remains lower than the 2024 forecast and places Argentina as one of the countries with the highest growth, while Mexico's economy is seen as the weakest. "It is no longer a scenario of a tariff war, where countries continue to compete for i…
The agency adjusted upwards the regional projection in the face of persistent global uncertainty, warning that the context continues to be marked by geopolitical tensions and the weakness of the international economy
The Economic Commission for Latin America and the Caribbean (Cepal) improved its regional growth forecast for this year by two tenths this Tuesday and raised its estimate to 2.2% despite the trade war.
UN agency raises still modest growth forecast for Latin America, Caribbean
The UN's Economic Commission for Latin America and the Caribbean (ECLAC) raised its regional growth forecast for 2025 to 2.2% from the 2.0% growth it had projected in April. In a report, the commission warned that this growth remains fragile, held back by a combination of weak international demand and persistent internal challenges.
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