ECLAC: Venezuela Improves Growth Forecast for 2025 Despite Regional Slowdown
In its Economic Survey of Latin America and the Caribbean 2025, ECLAC warns that the region is going through a phase of lower dynamism following the rebound seen at the beginning of 2024. Regional GDP growth will decline from 2.3% in 2024 to 2.2% this year, confirming a decade of low growth with an average expansion of just 1.2% between 2016 and 2025—even lower than that recorded in the 1980s.