Economic growth in Latin America and the Caribbean has returned to stable levels, with 2.2% growth in 2024 and a projected 2.1% in 2025, but structural challenges remain.
The region has demonstrated resilience, to 3.8% by the end of 2024 with inflation rates from a easing peak of 9.8% in July 2022.
To mitigate external risks, countries should reinforce financial resilience by maintaining fiscal discipline, building reserves, and monitoring global economic developments.
AI, nearshoring, and the clean energy transition offer new sources of productivity. Embracing them could lift GDP and reduce inequality.