Overview
- CEPAL raised its 2025 GDP growth forecast for Latin America and the Caribbean to 2.2%, up from 2.0% in April, and projects a 2.3% expansion in 2026.
- Argentina is projected to lead the region with 5.0% growth in 2025 before easing to 4.0% in 2026.
- Mexico is forecast to grow just 0.3% in 2025 and 1.0% in 2026, placing it among the region’s weakest performers alongside Cuba and Haiti.
- Employment growth is expected to remain subdued with a stable 5.6% unemployment rate accompanied by high informality and persistent gender gaps.
- CEPAL warns that restrictive global financial conditions and rising trade protectionism threaten external stability and urges mobilizing domestic and external resources to escape a prolonged low‐growth cycle.