These are the countries that will grow the most in Latin America in 2026, according to the World Bank

Portafolio Journalist 03/01/2026 11:05 Updated: 03/01/2026 11:05

These are the countries that will grow the most in Latin America in 2026, according to the World Bank

TL;DR

  • Latin America is projected to grow by 2.3% in 2026 and 2.6% in 2027, following an estimated 2.2% expansion in 2025.
  • The Dominican Republic (4.5%) and Panama (4.1%) are forecast to be the fastest-growing economies.
  • Argentina is surprisingly projected to grow by 4.0%, despite internal uncertainties.
  • Paraguay, Guatemala, and Costa Rica are also among the dynamic economies with growth between 3.6% and 3.9%.
  • Central American countries like Honduras, El Salvador, and Nicaragua are expected to grow around 3.0%-3.7%, but may face pressure from falling remittances.
  • Colombia, Peru, Uruguay, and Chile are projected for moderate growth between 2.1% and 2.8%.
  • Mexico and Brazil, the region's largest economies, are expected to grow at a more moderate pace (1.3%-1.8% for Mexico, 2.0%-2.3% for Brazil).
  • Bolivia is projected for negative growth (-1.1% to -1.5%), while Haiti anticipates a slight rebound (2.0%-2.5%).
  • Regional recovery is expected to be uneven, with stable macroeconomic policies and robust service sectors being key drivers.
  • External risks include global slowdown, trade tensions, and financial volatility.