[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:
Disclaimer: The views and opinions expressed in this article are those of the authors and do not necessarily reflect the opinion of FocusEconomics S.L.U. Views, forecasts or estimates are as of the date of the publication and are subject to change without notice. This report may provide addresses of, or contain hyperlinks to, other internet websites. FocusEconomics S.L.U. takes no responsibility for the contents of third party internet websites.
Date: March 19, 2015
Featured Posts
Tags
MENA Agricultural Commodities Company News Economic Crisis Japan Venezuela Brexit Budget deficit Economists Iran UK Economic Growth (GDP) Exchange Rate Major Economies Banking Sector Russia Vietnam Mexico Palladium Cannabis Copper Asean Political Risk Gold TPP Argentina precious metals Healthcare Energy Commodities Housing Market Asia United Kingdom China Italy G7 Canadian Economy Turkey Inflation Emerging Markets Consensus Forecast Eastern Europe Resource Curse Infographic Cryptocurrency Greece Latin America Spain TPS Central America Australia Base Metals Bitcoin France oil prices Lagarde USA Colombia IMF European Union Nordic Economies Ukraine Forex Eurozone Exports India Asian Financial Crisis Oil Base Metals Commodities Euro Area Economic Debt economic growth Precious Metals Commodities Commodities scotiabank CIS Countries Draghi Investment public debt Sub-Saharan Africa Brazil interview Trade Tunisia South Africa Portugal Canada chile election OPEC GDP Africa United States Unemployment rate Nigeria Costa Rica; GDP; Budget Israel GermanyTwitter @FocusEconomics
-
CIS economies saw inflation rise last year, especially in Russia and Ukraine, but forecasters project price pressur… https://t.co/2C7fkefxKc
1 day ago
-
Merry Christmas & a Happy New Year from everyone at FocusEconomics! https://t.co/hvhP9PTvbR
3 weeks ago
-
What can we expect in 2021? Full Report: https://t.co/OrUhy57z6b #Global #Economy #Outlook https://t.co/eghxR7eEaV
2 months ago
-
What are the key issues facing the global economy in 2021? Download our latest special report, Focus 2021, for key… https://t.co/1JR8SvhA4X
2 months ago
-
Could stronger U.S. inflationary pressures and a weaker USD add upward price pressure on gold? Take a look at the… https://t.co/EHaep7mL3K
2 months ago