World Bank Predicts 1.8% Growth for Latin America in 2024

The World Bank (WB) forecasts Latin America’s economy to grow by 1.8% in 2024, down 0.5 points from January’s estimate. In 2025, growth will rebound to 2.7% as interest rates normalize and inflation decreases. Interest rate normalization, falling inflation, and commodity exports support Latin America’s growth in 2024. According to the WB, economic performance depends […]