Tag: Latin America’s GDP

• Monday, April 11th 2016 - 06:05 UTC

  ECLAC anticipates minus 1.9% contraction in economic activity this year in South America

  

  Latin America and the Caribbean are forecast to have an average economic activity contraction of -0.6% during 2016, according to the latest release from the Economic Commission for Latin America and the Caribbean (ECLAC). This new estimate reflects that the contraction experienced by regional Gross Domestic Product (GDP) in 2015 (-0.5%) will extend to the current year.

• Wednesday, December 3rd 2014 - 07:48 UTC

  Latam forecasted to grow 2,2% in 2015, but this year will only average 1.1%

  

  Economic growth in Latin America and the Caribbean will recover in 2015 and reach 2.2% on average, according to new estimates unveiled on Tuesday by the United Nations Economic Commission for Latin America and the Caribbean (ECLAC).

• Thursday, October 4th 2012 - 19:40 UTC

  Latam expected to expand 3% more in line with global trends, says World Bank

  

  Latin America and the Caribbean region (LAC) will be growing at 3%, more in line with global trends but even with GDP beginning to slow, the region’s unemployment rate stood at 6.5%, approaching historic lows and well below its peak of 11% a decade ago, according to the latest semi-annual report “The Labour Market Story Behind Latin America’s Transformation,” by the World Bank’s Office of the Chief Economist for the region.