
We don’t need to wait for the year to end to know that Latin America and the Caribbean likely grew 2.4% in 2025 — the same 2.4% it posted in 2024. And in 2023. It’s also the average pace the region clocked between 2007 and 2016. But don’t drift off just yet: 2026 is expected to finally break the trend with growth slowing ever so slightly to… 2.3%.
Spot the pattern? The region isn’t crashing, but it isn’t exactly booming either. Despite real progress in education, macroeconomic stability and poverty reduction, this emerging world of about 670 million people remains stuck in neutral. The economy is growing, but nowhere near fast enough to escape the middle-income trap it seems glued to.
www.bloomberg.com
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