First published Oct 13, 2026, 6:43:15 AM UTC · Last updated Oct 13, 2026, 6:43:15 AM UTC

IMF trims Latin America’s outlook to 2.3% and sharply cuts Argentina’s

The International Monetary Fund lowered its 2026 growth forecast for Latin America and the Caribbean to 2.3%. Argentina’s forecast fell from 3.5% to 2.1%, with Chile and Uruguay also among the largest downward revisions.

At a glance

Affected location: Latin America and the Caribbean

Illustrative image: Ana Ruth Vilarreal García, Global Shaper, Adviser, Office of the President of Costa Rica, during the session, at the Annual Meeting 2018 of the World Economic Forum in Davos, January 24, 2018. Copyright by World Economic Forum / Mattias Nutt — Foundations World Economic Forum/Wikimedia Commons, CC BY 2.0

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Why it matters

The updated projections revise growth expectations for several Latin American economies.

Generated scores

Scores are based on the cited reporting and use a 1–10 scale. Read the methodology.

Confidence: 6/10How certain the assessment is based on the clarity and evidence in the cited reporting.
Geographic reach: 6/10How widely the event reaches, from a local area (1) to worldwide impact (10).
Global importance: 4/10The event's broader significance, from limited importance (1) to major global importance (10).
Impact magnitude: 3/10The scale or severity of the real-world impact, from minor (1) to extreme (10).
Urgency: 2/10How time-sensitive the event is, from low urgency (1) to immediate attention needed (10).

Primary official sources

MercoPress — Latin America IMF trims Latin America’s outlook to 2.3% and sharply cuts Argentina’s

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