Chile's Central Bank Thursday reported an 18.1% economic growth in May, which has brought it back to the pace of prepandemic levels.
Economic activity in Bolivia has grown 5.3% from January to April 2021, according to The Global Index of Economic Activity (IGAE), Economy Minister Marcelo Montenegro announced Tuesday.
Argentina's Ministry of Development and Production anticipated that the country's industrial output should grow more than 6% this year compared to 2020. Economist Matias Kulfas said he expected Argentina's economy as a whole to expand 5% to 6% during the year, based on preliminary data and depending on how the novel coronavirus and vaccination campaign evolves and its impact on growth.
The United Kingdom is set to spend billions of pounds in extra support for the economy over the next four months, as pandemic curbs pushed unemployment to its highest level of almost five years. The chancellor of the exchequer Rishi Sunak will set out the details in his Mar 3 budget.
The Gross Domestic Product (GDP) of the Falkland Islands increased by 15.7% between 2017 and 2018 (in nominal terms), primarily driven by high results within the fishing sector that year, according to the recently released Falkland Islands National Accounts.
Christine Lagarde, president of the European Central Bank (ECB), said on Monday that the journey to recovery in 2021 would most likely be accompanied by a very high level of uncertainty before a transition to a new economy.
China’s economy grew at a faster-than-expected pace in the fourth quarter of last year, ending a rough coronavirus-stricken 2020 ahead of all major industrialized nations, as well poised to expand further this year.
Brazil is emerging from a recession caused by the coronavirus, Economy Minister Paulo Guedes said hours after the publication of a closely-watched indicator showing activity surged in the third quarter.
Brazil's government on Tuesday outlined a long-term roadmap for the economy, based on three scenarios of economic and fiscal reforms that could lift gross domestic product per capita by as much as 37% over the next decade.
Investment flows to Latin America are expected to halve in 2020 from the US$ 164 billion received last year, according to UNCTAD's World Investment Report 2020.