World Bank forecasts modest growth for Latin America, highlights climate risks
The bank said the region needs new productivity engines, including artificial intelligence, as energy volatility and El Nino threaten inflation and growth.
- On Tuesday, The World Bank upgraded its 2026 growth outlook for Latin America and the Caribbean by 0.1 percentage point to 2.2 percent, though warned of risks from high energy prices and El Nino.
- Susana Cordeiro Guerra, the bank's regional vice president, maintained the region "urgently requires new engines of productivity" and emphasized that sound macroeconomic reforms can foster stronger growth.
- While El Salvador, Paraguay, Panama, and the Dominican Republic show strong performance, Argentina is recovering from hyperinflation and expects growth for three successive years until 2027, a milestone not seen in nearly 20 years.
- The report noted that El Nino "could further disrupt agriculture and hydropower and push up food and energy prices," with forecasters predicting peak intensity this year never observed in the modern era.
- A bank statement accompanying the report noted that "risks to the region are tilted to the downside," with energy price volatility forcing central banks to keep interest rates higher for longer.
18 Articles
18 Articles
Washington, Oct 5 (EFE).- Latin America and the Caribbean will grow by around 2.2% in 2026, according to a report published on Tuesday by the World Bank (WB), a rate that remains stable and shows resilience in the region in the face of the current global turbulence, but that is very uneven by countries and for this reason [...] The entry Latin America will grow 2.2 % in 2026, steady progress but that is uneven, according to the WB was first publ…
World Bank forecasts modest growth for Latin America, highlights climate risks
In its biannual Regional Economic Update, the multilateral development organization upgraded its growth outlook for the area by 0.1 percentage point to 2.2 percent in 2026. "Latin America and the Caribbean has the potential to achieve stronger and more ambitious growth," said Susana Cordeiro Guerra, the bank's regional vice president. "Countries that have maintained sound macroeconomic frameworks, strengthened institutions, and advanced reforms …
The World Bank expects regional growth of 2.2% in 2026; Brazil and Mexico will make much less progress than other Latin American economies. Latin America will grow 2.2% in 2026, but with uneven progress between countries: The World Bank first published in La Voz de Michoacán.
Latin America and the Caribbean will grow by around 2.2% in 2026, according to a report published on Tuesday by the World Bank (WB), a rate that remains stable and demonstrates resilience in the region to the... Read more › The entry Dominican Republic will grow 4.7% in 2026 was first published in Remolacha - News Dominican Republic.
In relation to the impact of artificial intelligence, a report of the agency alerted on “structural dualism” and on a “critical analytical blind spot” regarding its impact on the labour market.On Tuesday, the daily access to the report “Economic Panorama of Latin America and the Caribbean” (LAC) prepared by the World Bank (BM). The document projects that the regional gross domestic product (GDP) expands by 2.2% in 2026, which they understand as …
Coverage Details
Bias Distribution
- 75% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
