First published Oct 13, 2026, 6:41:15 AM UTC · Last updated Oct 13, 2026, 6:41:15 AM UTC

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

The IMF lowered its 2026 growth forecast for Latin America and the Caribbean to 2.3%, and cut Argentina’s forecast from 3.5% to 2.1%. Chile and Uruguay were also among the region’s largest downward revisions.

At a glance

Affected location: Latin America and the Caribbean

Illustrative image: Iguazú Falls in Misiones, Argentina. It is one of the main tourist destinations of Latin America and the world. — EmanuelArgentino1982/Wikimedia Commons, CC BY-SA 4.0

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Why it matters

It reports lower growth projections for the region and several named 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 UK IMF trims Latin America’s outlook to 2.3% and sharply cuts Argentina’s

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