coronavirus pandemic, with a real GDP decrease of seven percent. This was the first time that this part of Latin America experiences a GDP fall since at least 2016. Forecasts for 2023 are fairly optimistic as well.
In 2022, the regional gross domestic product (GDP) in Latin America and the Caribbean grew more than four percent compared to the previous year. In 2020, the GDP of all the subregion shrunk, with Central America being the worst hit by the economic crisis spawned from the Gross domestic product (GDP) real growth rate in Latin America and the Caribbean from 2016 to 2023, by subregion
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IMF. (November 1, 2023). Gross domestic product (GDP) real growth rate in Latin America and the Caribbean from 2016 to 2023, by subregion [Graph]. In Statista. Retrieved June 10, 2024, from https://www.statista.com/statistics/1169610/gross-domestic-product-growth-latin-america-caribbean-subregion/
IMF. "Gross domestic product (GDP) real growth rate in Latin America and the Caribbean from 2016 to 2023, by subregion." Chart. November 1, 2023. Statista. Accessed June 10, 2024. https://www.statista.com/statistics/1169610/gross-domestic-product-growth-latin-america-caribbean-subregion/
IMF. (2023). Gross domestic product (GDP) real growth rate in Latin America and the Caribbean from 2016 to 2023, by subregion. Statista. Statista Inc.. Accessed: June 10, 2024. https://www.statista.com/statistics/1169610/gross-domestic-product-growth-latin-america-caribbean-subregion/
IMF. "Gross Domestic Product (Gdp) Real Growth Rate in Latin America and The Caribbean from 2016 to 2023, by Subregion." Statista, Statista Inc., 1 Nov 2023, https://www.statista.com/statistics/1169610/gross-domestic-product-growth-latin-america-caribbean-subregion/
IMF, Gross domestic product (GDP) real growth rate in Latin America and the Caribbean from 2016 to 2023, by subregion Statista, https://www.statista.com/statistics/1169610/gross-domestic-product-growth-latin-america-caribbean-subregion/ (last visited June 10, 2024)
Gross domestic product (GDP) real growth rate in Latin America and the Caribbean from 2016 to 2023, by subregion [Graph], IMF, November 1, 2023. [Online]. Available: https://www.statista.com/statistics/1169610/gross-domestic-product-growth-latin-america-caribbean-subregion/