Latin America: GDP growth forecast by country 2023 | Statista

Argentina is expected to experience the worst economic recession in Latin America and the Caribbean in 2023. Argentina's gross domestic product (GDP) in 2023 is forecast to be 2.5 percent lower than the value registered in 2022, based on constant prices. Aside from Argentina, Haiti, and Chile, most economies in the region were likely to experience economic growth in 2023, most notably, Guyana and St. Vincent and the Grenadines.

Gross domestic product (GDP) real growth rate in Latin America and the Caribbean in 2023, by country

Characteristic	Growth rate
Guyana	38.4%
St. Vincent and the Grenadines	6.2%
Panama	6%
Antigua and Barbuda	5.6%
St. Kitts and Nevis	4.9%
Dominica	4.6%
Barbados	4.5%
Paraguay	4.5%
Costa Rica	4.4%
Bahamas	4.3%
Belize	4%
Venezuela	4%
Grenada	3.9%
Guatemala	3.4%
St. Lucia	3.2%
Mexico	3.2%
Brazil	3.1%
Nicaragua	3%
Dominican Republic	3%
Honduras	2.9%
Trinidad and Tobago	2.5%
Aruba	2.3%
El Salvador	2.2%
Suriname	2.1%
Jamaica	2%
Bolivia	1.8%
Ecuador	1.4%
Colombia	1.4%
Peru	1.1%
Uruguay	1%
Chile	-0.5%
Haiti	-1.5%
Argentina	-2.5%

Loading statistic...

Download

Source

Show detailed source information?

Register for free

Already a member?

Source

Use Ask Statista Research Service

Release date

October 2023

More information

Region

LAC

Survey time period

October 2023

Special properties

Forecasts based on constant prices; Compared to the previous year

Supplementary notes

Data was not available for countries or territories excluded from this graph.

Citation formats

Other statistics on the topic
Coronavirus (COVID-19) in Latin America

Number of coronavirus (COVID-19) cases worldwide as of May 2, 2023, by country or territory

State of Health

COVID-19 cases worldwide as of May 2, 2023, by country or territory

Rate of COVID-19 vaccine doses administered worldwide as of March 20, 2023, by select country, territory, or region (per 100 people)

State of Health

COVID-19 vaccine dose rate worldwide by select country or territory March 20, 2023

Number of coronavirus (COVID-19) cases, recoveries, and deaths among the most impacted countries worldwide as of May 2, 2023

State of Health

COVID-19 cases, recoveries, deaths in most impacted countries as of May 2, 2023

Number of COVID-19 vaccine doses administered worldwide as of March 20, 2023, by country

State of Health

COVID-19 vaccine doses administered worldwide as of March 20, 2023, by country

Statista Accounts: Access All Statistics. Starting from $1,788 USD / Year

Basic Account

Get to know the platform

You only have access to basic statistics.

Starter Account

The ideal entry-level account for individual users

Instant access to 1m statistics
Download in XLS, PDF & PNG format
Detailed references

$149 USD / Month *

Professional Account

Full access

Business Solutions including all features.

* Prices do not include sales tax.

Statistics on " Coronavirus (COVID-19) in Latin America "

The most important statistics

The most important statistics

The most important statistics

The most important statistics

The most important statistics

Other statistics that may interest you Coronavirus (COVID-19) in Latin America

Global overview

5

Regional outbreak

5

Vaccines

5

Healthcare

5

Economic impact

5

Further related statistics

19

Further Content: You might find this interesting as well

Statistics

Topics

Coronavirus (COVID-19) in Latin America

Health in Brazil

Health in Mexico

Coronavirus disease (COVID-19) pandemic

Coronavirus (COVID-19) in the U.S.

Statista Accounts: Access All Statistics. Starting from $1,788 USD / Year

Learn more about how Statista can support your business.