The Economic Commission for Latin America and the Caribbean (ECLAC) said on 11 April 2018 that a 2.2% forecast for the growth of Latin American and Caribbean economies in 2018 is solid, and they stressed that there is an international context that is more favorable than former years but that there are still “important uncertainties.”
ECLAC says the countries expected to grow the most this 2018 are Antigua and Barbuda (5.8%), Panama (5.6%), Nicaragua (5.0%) and the Dominican Republic (5%). The only countries that are facing a forecast of recession are Venezuela (-8.5%) and Dominica (-5.0%). The rest of Latin American and the Caribbean will see growth between 4.0% and 1.6%.
The English and French speaking Caribbean will grow at about 1.4% with the good numbers for Antigua and Barbuda offset by the recession and Dominica.
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ECLAC
ECLAC
ECLAC
12 April 2018
