Colombia, entre los países latinos donde más difícil ha sido devolver la inflación a los rangos objetivo

TL;DR

Latin America and the Caribbean projected to grow 2.3% in 2026 and 2.5% in 2027.
Growth is heterogeneous, influenced by fiscal restrictions and a more adverse external environment.
Resilience is supported by firm consumption, improved financial conditions in 2025, and stable commodity prices.
Risks include deceleration in major trading partners, global financial tightening, and U.S. trade and migration policies.
Brazil's economic growth to moderate to 2% in 2026 due to lagged monetary tightening and U.S. tariffs.
Mexico's GDP growth to increase from 0.4% in 2025 to 1.3% in 2026, supported by investment and private consumption.
Argentina's growth to moderate to 3.8% in 2026 after a projected 4.3% rebound in 2025, with achieved macroeconomic stabilization at a social cost.
Inflation in the region expected to decelerate to 4% in 2026, but remains high in some economies like Brazil and Colombia.
Labor markets have remained relatively stable, with falling or low unemployment in several countries, though full pre-pandemic labor participation is not yet recovered in some.
Limited fiscal and monetary maneuverability restricts governments' ability to boost growth.
Regional public debt remains elevated despite a decrease from 2020, with interest costs exceeding 5% of regional GDP.

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