2016 in Figures - Latin America

CEIC Gallery/World Trend Database/Hot Topics - 2016 Figures/Part 8 - January 14, 2016 After the 0.3% contraction in 2015 Latin America will reach growth of 0.8% in 2016 due to slower economic decline in Brazil and better performance of some of the other major economies, such as Mexico, Chile and Colombia. √ Brazil is expected to remain in recession with a negative growth of -1% after -3% in 2015. √ Argentina will also turn to contraction as the economy is expected to decrease by 0.8% in 2016. Chile and Mexico will improve in 2016. Chile’s economic growth will increase to 2.5% from 2.3% in 2015, while Mexico’s growth will reach 2.8% compared to 2.3% in 2015. Growth in Paraguay will improve in 2016 after the slowdown in 2015. Paraguay’s economy will increase by 3.8% after 3% growth in 2015. Note: The charts above show highlights of the latest International Monetary Fund's forecasts for 2016. Data series are obtained from CEIC's Global Economic Monitor, Regional and Country Forecast datasets. Discuss this post and many other topics in our LinkedIn Group (you must be a LinkedIn member to participate). Request a Free Trial Subscription. Back to Blog
22nd January 2016 2016 in Figures - Latin America

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