World Bank lowers growth forecast for Latin America and Caribbean for 2026

Ajay Banga 14th President of the World Bank Group
Ajay Banga 14th President of the World Bank Group - World Bank Group
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The World Bank has lowered its growth forecast for Latin America and the Caribbean in 2026, adjusting its projection from 2.5% to 2.3%. The region is estimated to have grown by 2.2% in 2025, with a slight improvement expected to reach 2.6% in 2027. However, the outlook remains uncertain due to international factors.

Trade tensions, financial market volatility, and potential declines in commodity prices are seen as risks that could slow down the pace of recovery across the region. Major economies in Latin America continue to experience moderate growth.

Within this environment, Colombia maintains a relatively cautious outlook. According to the World Bank, Colombia’s economy is projected to grow by 2.6% in 2026 and by 2.8% in 2027. This growth is expected to be supported by steady consumer spending and a gradual recovery of private investment.



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