[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

  • Despite a recent rally, Brent oil prices are projected to decline further down the road due to the planned increase… https://t.co/u22cTfCUwh

    8 hours ago

  • Elevated geopolitical risks, healthy purchases of jewelry and robust industrial demand are expected to lead preciou… https://t.co/aSHycC1OSf

    14 hours ago

  • Global commodity prices declined for the first time in three months in June. Get the latest price forecasts for key… https://t.co/WbYnOXSmWQ

    20 hours ago

  • Several of the Central America's big hitters lost steam in Q1. Get the latest 2018 and 2019 growth forecasts for th… https://t.co/i5ux5mGSwf

    1 day ago

  • Economic data in Brazil has taken a turn for the worse following a nationwide truckers' strike in May and early Jun… https://t.co/aUfWbIxWob

    1 day ago

Blog archive

Search form