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IMF maintains Latin America's GDP growth forecast at 2.5% in 2025
Friday, January 17, 2025 - 15:41
Foto Europa Press

By country, Argentina will stand out for having had a very positive performance this year, reaching 5% growth, after two years in which there have been falls in its GDP.

The International Monetary Fund (IMF) maintains its forecast for GDP growth in Latin America and the Caribbean at 2.5% for this year, despite the fact that a slowdown in activity is expected in the region's largest economies.

This was confirmed by the organization on Friday, in the publication of its new projections, in which it indicated that the economic growth of the region will exceed by one-tenth that achieved in 2024. Meanwhile, looking ahead to 2026, Latin American GDP will expand by 2.7%.

By country, Argentina will stand out for having had a very positive performance this year, reaching 5% growth, after two years in which there have been falls in its GDP. In this way, the IMF confirms its forecast from last October, and also improves by three-tenths the figure for 2026, when an economic expansion of 5% is also expected.

In Mexico's case, its GDP will experience an increase of 1.4% this year, compared to 1.8% in 2024 and 3.3% in 2023. This figure represents, however, an improvement of one-tenth compared to the October projections.

For 2026, the organization has kept its estimate of Mexico's economic growth unchanged, which will stand at 2%, still below the figures for 2023.

Meanwhile, Brazil is expected to record GDP growth of 2.2% in both 2025 and 2026. The IMF has thus revised its estimate for next year downwards by one-tenth, but is maintaining this year's estimate, which is still far from the surprising 3.7% of 2024, in which some quarters have performed very well.

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Europa Press