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Brazil is expected to grow below Latin America’s average until 2023 – IDB

RIO DE JANEIRO, BRAZIL - Brazil is expected to help push down Latin American growth, according to projections for this year and the next two years made by the Inter-American Development Bank (IDB).

While the Gross Domestic Product (GDP) growth scenario projected for the average of Latin America and the Caribbean is 3.2% between 2021 and 2023, Brazil should grow 2.7% in the period.

When excluding the Brazilians from the list of the so-called Southern Cone countries (which includes Argentina, Chile, Paraguay and Uruguay), the expectation is for GDP growth of 3.5%.

IDB's Chief Economic . . .

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