ECLAC Projects 9.1 Percent Collapse of Latin American Economy Due to Pandemic

Venezuela (-26 percent), Peru (-13 percent), Argentina (-10.5 percent), and Brazil (-9.2 percent) are among the most affected countries.

RIO DE JANEIRO, BRAZIL - The novel coronavirus pandemic is still not under control in Latin America and the Caribbean, which will lead the regional GDP to contract a record 9.1 percent in 2020 and raise the Subscribe to our Premium Membership Plan. Already Subscribed?