The countries that will grow the most in Latin America in 20241, according to the OECD

The countries that will grow the most in Latin America in 20241, according to the OECD
The countries that will grow the most in Latin America in 20241, according to the OECD

The Organization for Economic Cooperation and Development (OECD) improved the global economic outlook for this year thanks to the contribution from the United States and some large emerging Asian countries, while Europe It remains in the rear van, weighed down by the main economies of the continent: Germany, France, Italy and the United Kingdom.

In the case of Latin America and the Caribbean, the organization remains in line with the prudent positive expectations cast by other global institutions, such as the International Monetary Fund (IMF). The OECD expects modest growth in the gross domestic product of the main Latin American economies at 1.4% this year.

(More: Gabriel Boric defends the reduction of the working day in Chile).

The OECD report also agrees that Argentina It will be the only economy in the region that would not achieve positive growth, as it expects its GDP to contract by 3.3% due to the hyperinflation experienced by the ‘gaucho’ nation.

(We recommend: Is the economy going in the same direction as the forecasts? This is the outlook).

One fact to highlight is the expected growth of Costa Ricawhich stands at 3.6%, being the OECD member country with the highest figure globally, even surpassing what is expected to grow in the World GDP for this year (3.1%).

(Also: Projections point to slow growth: why).

The Latin American countries that will grow the most in 2024

1. Costa Rica (3.6%)

2. Chile (2.3%)


Chili

iStock

3. Mexico (2.2%)


Mexico

iStock

4. Brazil (1.9%)


Brazil

EFE

5. Colombia (1.2%)


Colombia

iStock

6. Argentina (-3.3%)


Argentina

EFE

BRIEFCASE

 
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