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Latin Times

Business

Pedro Camacho

Latin America Avoids Recession as ECLAC Projects Continued Expansion Through 2026

Latin America Recession Argentina South America Bolivia Ecuador Inflation

Santiago de Chile's financial district (Credit: Creative Commons)

Latin America is expected to avoid recession and continue expanding through 2026, according to the latest outlook from the United Nations' Economic Commission for Latin America and the Caribbean (ECLAC), which projects regional growth of 2.4% in 2025 and 2.3% next year.

While the pace remains moderate, the forecast underscores resilience in the face of a volatile global environment and points to areas where the region is finding stability and opportunity.

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