ECLAC raises projection for Latin America’s GDP growth in 2021 to 5.9%

For Brazil, ECLAC expects 5.2% economic growth this year and 2.2% in 2022.

RIO DE JANEIRO, BRAZIL - The Economic Commission for Latin America and the Caribbean (ECLAC) on Tuesday (31) published a report in which it revised its projection for gross domestic product (GDP) growth in Latin America and the Caribbean upwards to 5.9% this year. In July, the forecast stood at 5.2%.

For 2022, the current forecast is of 2.9% growth.

The report released on Tuesday is entitled "Latin America and the Caribbean Economic Study 2021: Labor Market Dynamics and Employment Policies for a Sustainable and Inclusive Recovery beyond the COVID-19 Crisis."

The organization cautions that the pandemic . . .

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