The World Bank kept at 2.2% the growth projection for Latin America and the Caribbean in 2026, the same estimate released in June, according to the region’s economic report presented this Tuesday, the 6th. According to the institution, the performance, slightly below the 2.4% expansion recorded in 2025, shows that the region has demonstrated resilience in absorbing external shocks.
The scenario is supported by still-high commodity prices, which benefit exporting countries, and by the resilience of industrial exports even in the face of volatility in trade policy.
More favorable global financial conditions also provided some support at the start of the year, the report says.
These factors, however, are offset by high global uncertainty, by restricted fiscal space and by still-high real interest rates, which limit credit, investment and private demand.
The World Bank also highlights downside risks linked to energy price volatility, which could delay disinflation, and to the effects of El Niño on production and prices of food and energy.
