Data Briefings
Curated economic briefings across Latin America, updated daily.
Paraguay's 6.6% GDP Growth Masks External Vulnerabilities with -3.2% Current Account
Robust expansion driven by domestic demand confronts widening external deficits and thin reserve coverage, creating investor risks despite solid fiscal foundations.
Bolivia's Reserves Crisis at 0.5 Months Threatens Currency Stability Amid Contraction
Bolivia faces acute external vulnerability with reserves covering just half a month of imports while the economy contracts and inflation surges to 19.5%.
Uruguay's 8.7 Reserve Months and Fiscal Consolidation Shape Stability Narrative
Uruguay maintains exceptional external buffers and modest debt amid tepid growth, positioning the economy as a defensive play in volatile regional markets.
Peru's 10.4-Month Reserve Buffer Anchors Stability Amid Modest 3.4% Growth
Peru combines strong external defenses with moderate expansion, though elevated poverty and structural challenges constrain broader development.
Colombia's 11.25% Policy Rate Anchors Stability Amid Persistent External Deficit
Colombia maintains restrictive monetary policy to contain 5.1% inflation while managing a -2.4% current account deficit and structural fiscal challenges.
Chile's 4.5% policy rate and labor market slack signal prolonged easing cycle
Persistent unemployment at 9% alongside subdued inflation provides space for monetary accommodation despite copper export strength.
Mexico's 6.5% policy rate underpins carry appeal amid 0.6% growth headwinds
Subdued GDP expansion and near-balanced external accounts create a challenging backdrop for policymakers navigating inflation targets while maintaining investor flows.
Argentina's 219.9% inflation overshadows growth amid external stabilization pressures
Hyperinflationary conditions persist despite positive growth, while external accounts show fragile improvement with limited reserve coverage.
Venezuela's 254.9% Inflation Undermines Modest Recovery Despite Trade Surplus
Venezuela shows fragile stabilization with 1.6% growth and trade surplus, but hyperinflationary pressures and current account deficit expose persistent macroeconomic dysfunction.
Brazil's 14.25% policy rate battles sticky inflation amid fiscal headwinds
Brazil maintains aggressive monetary tightening with real rates near 9% as fiscal concerns and currency weakness complicate the disinflation path despite moderate growth.
Guatemala's $19.1bn remittances anchor resilience despite 15.4% trade deficit
Massive remittance inflows and robust reserves provide external stability while structural weaknesses in tax collection and poverty constrain long-term growth potential.
Panama's 4.4% GDP Growth Masks Fiscal Fragility and Jobs Challenge
Robust economic expansion conceals structural vulnerabilities in tax collection, reserve adequacy, and labor market absorption amid high youth unemployment.
Ecuador's 5.9% Current Account Surplus Masks Dollarization Vulnerability
Ecuador's robust external position and growth face structural constraints from thin reserves and elevated security costs amid full dollarization.