Recently, the International Monetary Fund (IMF) released its report Global Economic Outlook for 2024in which, in general terms, it expects the global economy to grow significantly, up to 3.2%.
In the case of Latin Americathe international entity assures that this region of the world will achieve grow 2% by the end of the yeara figure lower than the 2023 figure, mainly due to the economic situation that Argentina is currently experiencing, one of the most important economies in the region.
(Also: 'Colombia will continue with a long-standing plan to meet payment obligations': IMF).
Although this data is positive, it does represent a slowdown, since the IMF's growth expectations in 2023 were 2.3%. Nevertheless, They expect that the nations that are part of this region will follow the same growth line as the projections for this current year..
(You can read: IMF raised the growth outlook for Latin America: how would Colombia fare?).
IMF.
EFE
And in January the decrease in the growth rate in 2024 was attributed to the fall in GDP in Argentina, which then stood at -2.8%, although an increase of 5% was expected there by 2025. This April's figures do not modify the forecasts from then.
(More: What's behind the growing uncertainty and how it relates to low investment).
So, these are the nations that will have the best economic performance this year, according to the IMF:
1. Venezuela: 4 %
2. Paraguay: 3.8%
3. Uruguay: 3.7%
4. Peru: 2.5%
5. Mexico: 2.4%
6. Brazil: 2.2%
7. Chile: 2 %
8. Bolivia: 1.6%
9. Colombia: 1.1%
10. Ecuador: 0.1%
11. Argentina: -2.8%
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