[INFOGRAPHIC] Latin America continues economic downslide as Argentina, Brazil & Venezuela confront internal crises

Latin America’s  growth will be even lower this year than 2014’s lackluster estimate. In fact, our panel of analysts slashed their projections on weaker economic activity in key regional players.

Forecasts for Argentina, Brazil and Venezuela were cut substantially this month due to a variety of internal factors including, the holdouts case in Argentina, the Petrobras scandal in Brazil and Venezuela’s erratic economic policy. 

Currently, major Latin American currencies are resting near multi-year lows, reflecting low commodity prices, deteriorating economic prospects and growing speculation that the interest rate increase in the U.S. will take place sooner than expected.

Hover over our interactive infographic below to get details:

Latin America GDP Growth Forecast 2015

 

Date: March 19, 2015


Twitter @FocusEconomics

  • Fiscal slippage and a slow-moving reform agenda are likely to constrain South African growth over the medium-term.… https://t.co/Ugk3BJ83qX

    4 hours ago

  • The Korean economy will grow 2.8% this year and 2.7% in 2019, which is down 0.1 percentage points from last month's… https://t.co/fwZrgwwtDe

    10 hours ago

  • Uncertainty over the fiscal position and a small revenue base pose downside risks to Malaysia's outlook. Read more: https://t.co/wxJTHWfmrk

    16 hours ago

  • High-income Singapore is expected to record the weakest expansion in ASEAN next year, at 2.7%, reflecting a moderat… https://t.co/EN6uqqM2o5

    1 day ago

  • Political uncertainty and the possibility of credit-rating downgrades will hang over the South African economy goin… https://t.co/YwkYrMuqW1

    1 day ago

Blog archive

Search form