Cepal Raises Latin America's 2025 Growth Forecast to 2.4% Amid Improved Global Conditions

The United Nations Economic Commission for Latin America and the Caribbean raised its 2025 growth forecast for the region to 2.4% due to improved global economic conditions.

• On October 23, 2023, the United Nations Economic Commission for Latin America and the Caribbean upgraded its growth projection for Latin America by two-tenths, now estimating a 2.4% increase for 2025.
• This revision comes after the commission identified a more favorable international environment, enhancing economic prospects for countries throughout the region.
• The improved outlook reflects a broader trend of recovery in global markets, which is crucial for Latin Americas economic stability and growth prospects.