IMF - World Economic Outlook

The International Monetary Fund (IMF) publishes data on world economic developments. Latin America was hard hit by Covid-19 last year, and the South Cone (Argentina, Brazil, Chile, Paraguay, and Uruguay) was no different. However, not every economy suffered alike. Argentina's GDP dropped the most in 2020 (-10%) and the IMF forecasts that after a relatively better performance in 2021 (+5.8%), its growth rate will lag behind that of its neighbors (+2.5% in 2022 and a deceleration to +1.5% by 2026).

Chiara Máximo

Written by

Chiara Máximo

Customer Success Lead at Alphacast

The International Monetary Fund (IMF) is an international organization that was created to promote international monetary cooperation, exchange rate stability, and orderly exchange arrangements, and to provide resources to help countries to address balance of payments difficulties. The IMF provides policy advice, financial assistance, and technical assistance to its member countries.

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