IBOV 174,031.85 ▲ 0.18% IPSA 10,806.34 ▼ 0.73% IPC MEX 66,615.43 ▲ 0.39% MERVAL 3,196,287 ▼ 0.11% COLCAP 2,298.34 ▲ 0.58% BVL PERÚ 55,645.90 — — USD/BRL5.08▼ 0.52% USD/MXN17.43▼ 0.63% USD/CLP932.15▼ 0.30% USD/COP3,253▼ 0.14% USD/PEN3.40▲ 0.27% USD/ARS1,481▲ 0.17% USD/UYU40.19▼ 0.10% USD/PYG6,031▼ 0.03% USD/BOB10.75▲ 0.94% USD/DOP58.25▲ 0.02% USD/CRC447.35▲ 0.28% USD/GTQ7.62▼ 0.05% USD/HNL26.74— 0.00% USD/NIO 36.62 — 0.00% USD/VES735.09▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.59— 0.00% USD/TTD6.73▼ 0.21% EUR/BRL5.80▼ 0.68% BRENT 88.18 ▲ 0.09% WTI 81.55 ▼ 1.14% IRON ORE 161.91 — — COPPER 6.34 ▲ 1.98% GOLD 4,016 ▲ 0.08% SILVER 57.21 ▲ 2.09% SOY 1,230 ▲ 2.14% CORN 475.00 ▲ 6.80% WHEAT 678.50 ▼ 0.62% COFFEE 324.10 ▼ 1.32% SUGAR 14.80 ▼ 0.20% ORANGE JUICE 143.50 ▲ 3.84% COTTON 78.88 ▲ 2.35% COCOA 5,505 ▼ 0.51% BEEF 222.60 ▼ 0.81% CATTLE 345.10 ▼ 0.25% LITHIUM 67.53 ▼ 1.24% PETR4 41.22 ▲ 0.78% VALE3 72.33 ▼ 0.84% ITUB4 42.44 ▲ 1.14% BBDC4 18.46 ▲ 0.93% ABEV3 15.75 ▲ 0.77% BBAS3 20.31 ▼ 0.88% B3SA3 15.37 ▲ 1.12% WEGE3 43.26 ▼ 0.85% PRIO3 58.25 ▲ 0.69% SUZB3 41.84 ▼ 0.21% RENT3 37.52 ▼ 1.86% AZZA3 18.43 ▼ 0.86% CSAN3 3.83 ▼ 0.26% RAIZ4 0.28 ▼ 3.45% PCAR3 2.58 ▼ 0.77% GMAT3 3.85 ▼ 0.77% PSSA3 54.96 ▼ 0.33% CVCB3 1.14 ▼ 6.56% POSI3 3.74 ▼ 1.58% SLCE3 13.59 ▲ 0.44% NATU3 8.66 ▲ 1.29% BRKM5 6.01 ▼ 2.91% RANI3 7.97 ▲ 0.25% CSNA3 5.06 ▲ 0.20% CMIN3 5.39 ▲ 1.13% USIM5 8.13 ▼ 1.22% GGBR4 23.82 ▼ 0.92% ENEV3 25.71 ▲ 0.12% CPFE3 46.18 ▼ 1.47% CMIG4 11.05 ▼ 0.63% EQTL3 39.39 ▼ 0.28% LREN3 13.38 ▼ 0.30% VIVT3 35.68 ▲ 0.45% RAIL3 13.62 ▼ 0.58% KLABIN 17.45 ▼ 0.74% RAIA DROGASIL 18.70 ▲ 0.81% RDOR3 35.76 ▼ 0.06% HAPV3 11.49 ▲ 0.97% FLRY3 16.65 ▲ 0.36% SMTO3 15.53 ▲ 0.52% UGPA3 32.06 ▼ 0.03% VBBR3 34.53 ▼ 1.12% BBSE3 41.19 ▲ 0.17% BPAC11 56.34 ▲ 0.28% CURY3 30.65 ▼ 0.07% AERI3 2.02 — 0.00% VIVARA 21.99 ▼ 2.01% COMPASS 24.73 ▼ 0.60% VAMOS 3.11 ▼ 1.89% SANB11 26.91 ▲ 0.98% ASAI3 8.32 ▼ 2.12% SBSP3 29.36 ▲ 0.48% WALMEX 49.49 — 0.00% GMEXICO 202.74 ▲ 1.07% FEMSA 226.94 ▲ 0.53% CEMEX 22.43 ▼ 1.32% GFNORTE 182.25 ▲ 0.50% BIMBO 59.89 ▲ 3.26% TELEVISA 9.73 ▲ 1.67% AMX 22.90 ▼ 0.43% GAP 381.61 ▼ 1.14% ASUR 275.20 ▼ 1.61% OMA 228.41 ▼ 0.96% KOF 181.69 ▲ 0.51% GRUMA 289.76 ▲ 1.14% KIMBER 38.93 ▲ 0.67% SQM-B 63,200 ▼ 3.44% COPEC 6,297 ▲ 0.76% BSANTANDER 76.64 ▼ 0.47% FALABELLA 5,770 ▼ 1.11% ENELAM 84.96 ▲ 1.09% CENCOSUD 1,992 ▼ 0.15% CMPC 1,066 ▼ 0.39% BANCO CHILE 187.58 ▼ 0.49% LATAM AIR 24.11 ▼ 2.63% YPF 78,175 ▲ 0.35% GGAL 7,840 ▼ 0.25% PAMPA 5,230 ▲ 1.16% TXAR 658.50 ▼ 0.83% ALUAR 952.50 ▲ 0.32% TGS 9,400 ▲ 0.32% CEPU 2,252 ▼ 0.53% MIRGOR 17,100 ▲ 1.33% COME 42.99 ▼ 1.94% LOMA NEGRA 3,493 ▼ 0.85% BYMA 296.00 ▼ 0.59% TELECOM ARG 4,093 ▼ 1.39% ECOPETROL 16.00 ▼ 0.59% BANCOLOMBIA 80.82 ▲ 0.51% GRUPO AVAL 4.92 — 0.00% CREDICORP 390.23 ▼ 0.09% SOUTHERN COPPER 175.59 ▲ 1.80% BUENAVENTURA 29.59 ▼ 2.15% MERCADOLIBRE 1,855 ▲ 2.26% NUBANK 14.10 ▲ 3.72% XP 17.06 ▲ 2.34% PAGSEGURO 9.34 ▲ 3.32% STONE 11.33 ▲ 1.57% GLOBANT 32.17 ▼ 0.19% TECNOGLASS 46.27 ▼ 0.45% GAP AIRPORT 219.20 ▼ 0.78% ASUR 275.20 ▼ 1.61% OMA AIRPORT 104.79 ▼ 0.49% AMX ADR 26.23 ▼ 0.15% FEMSA ADR 130.09 ▲ 0.83% CEMEX ADR 12.88 ▼ 0.69% PETROBRAS ADR 18.17 ▲ 1.11% VALE ADR 14.20 ▲ 0.04% ITAU ADR 8.34 ▲ 1.71% SANTANDER BR 5.33 ▲ 1.72% AMBEV ADR 3.08 ▲ 1.49% CSN 1.01 ▲ 1.91% GERDAU 4.70 ▼ 0.53% LATAM ADR 51.67 ▼ 1.70% BTC 65,450 ▲ 1.17% ETH 1,895 ▲ 1.26% SOL 77.58 ▲ 1.60% XRP 1.11 ▲ 1.38% BNB 573.96 ▲ 0.62% ADA 0.17 ▲ 0.55% DOGE 0.07 ▲ 1.36% AVAX 6.59 ▲ 2.08% LINK 8.55 ▲ 2.11% DOT 0.82 ▲ 0.71% LTC 47.33 ▲ 0.61% BCH 217.09 ▲ 1.03% TRX 0.33 ▼ 0.43% XLM 0.19 ▲ 0.72% HBAR 0.07 ▲ 0.13% NEAR 1.98 ▲ 3.42% ATOM 1.49 ▲ 1.29% AAVE 89.54 ▲ 0.23% SELIC 14.25% EMBRAER 82.69 ▲ 1.15% EMBRAER ADR 65.06 ▲ 1.51% JBS 11.95 ▲ 0.29% JBS BDR 60.63 ▲ 0.71% MBRF3 14.78 ▼ 1.66% MBRFY 2.89 ▼ 0.69% INTER 5.57 ▲ 3.63% IBOV 174,031.85 ▲ 0.18% IPSA 10,806.34 ▼ 0.73% IPC MEX 66,615.43 ▲ 0.39% MERVAL 3,196,287 ▼ 0.11% COLCAP 2,298.34 ▲ 0.58% BVL PERÚ 55,645.90 — — USD/BRL 5.08 ▼ 0.52% USD/MXN 17.43 ▼ 0.63% USD/CLP 932.15 ▼ 0.30% USD/COP 3,253 ▼ 0.14% USD/PEN 3.40 ▲ 0.25% USD/ARS 1,481 ▲ 0.17% USD/UYU 40.19 ▼ 0.10% USD/PYG 6,031 ▼ 0.03% USD/BOB 10.75 ▲ 0.94% USD/DOP 58.25 ▲ 0.02% USD/CRC 447.35 ▲ 0.28% USD/GTQ 7.62 ▼ 0.05% USD/HNL 26.74 ▲ 0.00% USD/NIO 36.62 — 0.00% USD/VES 735.09 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.59 ▲ 0.36% USD/TTD 6.73 ▲ 0.96% EUR/BRL 5.80 ▼ 0.68% BRENT 88.18 ▲ 0.09% WTI 81.55 ▼ 1.14% IRON ORE 161.91 — — COPPER 6.34 ▲ 1.98% GOLD 4,016 ▲ 0.08% SILVER 57.21 ▲ 2.09% SOY 1,230 ▲ 2.14% CORN 475.00 ▲ 6.80% WHEAT 678.50 ▼ 0.62% COFFEE 324.10 ▼ 1.32% SUGAR 14.80 ▼ 0.20% ORANGE JUICE 143.50 ▲ 3.84% COTTON 78.88 ▲ 2.35% COCOA 5,505 ▼ 0.51% BEEF 222.60 ▼ 0.81% CATTLE 345.10 ▼ 0.25% LITHIUM 67.53 ▼ 1.24% PETR4 41.22 ▲ 0.78% VALE3 72.33 ▼ 0.84% ITUB4 42.44 ▲ 1.14% BBDC4 18.46 ▲ 0.93% ABEV3 15.75 ▲ 0.77% BBAS3 20.31 ▼ 0.88% B3SA3 15.37 ▲ 1.12% WEGE3 43.26 ▼ 0.85% PRIO3 58.25 ▲ 0.69% SUZB3 41.84 ▼ 0.21% RENT3 37.52 ▼ 1.86% AZZA3 18.43 ▼ 0.86% CSAN3 3.83 ▼ 0.26% RAIZ4 0.28 ▼ 3.45% PCAR3 2.58 ▼ 0.77% GMAT3 3.85 ▼ 0.77% PSSA3 54.96 ▼ 0.33% CVCB3 1.14 ▼ 6.56% POSI3 3.74 ▼ 1.58% SLCE3 13.59 ▲ 0.44% NATU3 8.66 ▲ 1.29% BRKM5 6.01 ▼ 2.91% RANI3 7.97 ▲ 0.25% CSNA3 5.06 ▲ 0.20% CMIN3 5.39 ▲ 1.13% USIM5 8.13 ▼ 1.22% GGBR4 23.82 ▼ 0.92% ENEV3 25.71 ▲ 0.12% CPFE3 46.18 ▼ 1.47% CMIG4 11.05 ▼ 0.63% EQTL3 39.39 ▼ 0.28% LREN3 13.38 ▼ 0.30% VIVT3 35.68 ▲ 0.45% RAIL3 13.62 ▼ 0.58% KLABIN 17.45 ▼ 0.74% RAIA DROGASIL 18.70 ▲ 0.81% RDOR3 35.76 ▼ 0.06% HAPV3 11.49 ▲ 0.97% FLRY3 16.65 ▲ 0.36% SMTO3 15.53 ▲ 0.52% UGPA3 32.06 ▼ 0.03% VBBR3 34.53 ▼ 1.12% BBSE3 41.19 ▲ 0.17% BPAC11 56.34 ▲ 0.28% CURY3 30.65 ▼ 0.07% AERI3 2.02 — 0.00% VIVARA 21.99 ▼ 2.01% COMPASS 24.73 ▼ 0.60% VAMOS 3.11 ▼ 1.89% SANB11 26.91 ▲ 0.98% ASAI3 8.32 ▼ 2.12% SBSP3 29.36 ▲ 0.48% WALMEX 49.49 — 0.00% GMEXICO 202.74 ▲ 1.07% FEMSA 226.94 ▲ 0.53% CEMEX 22.43 ▼ 1.32% GFNORTE 182.25 ▲ 0.50% BIMBO 59.89 ▲ 3.26% TELEVISA 9.73 ▲ 1.67% AMX 22.90 ▼ 0.43% GAP 381.61 ▼ 1.14% ASUR 275.20 ▼ 1.61% OMA 228.41 ▼ 0.96% KOF 181.69 ▲ 0.51% GRUMA 289.76 ▲ 1.14% KIMBER 38.93 ▲ 0.67% SQM-B 63,200 ▼ 3.44% COPEC 6,297 ▲ 0.76% BSANTANDER 76.64 ▼ 0.47% FALABELLA 5,770 ▼ 1.11% ENELAM 84.96 ▲ 1.09% CENCOSUD 1,992 ▼ 0.15% CMPC 1,066 ▼ 0.39% BANCO CHILE 187.58 ▼ 0.49% LATAM AIR 24.11 ▼ 2.63% YPF 78,175 ▲ 0.35% GGAL 7,840 ▼ 0.25% PAMPA 5,230 ▲ 1.16% TXAR 658.50 ▼ 0.83% ALUAR 952.50 ▲ 0.32% TGS 9,400 ▲ 0.32% CEPU 2,252 ▼ 0.53% MIRGOR 17,100 ▲ 1.33% COME 42.99 ▼ 1.94% LOMA NEGRA 3,493 ▼ 0.85% BYMA 296.00 ▼ 0.59% TELECOM ARG 4,093 ▼ 1.39% ECOPETROL 16.00 ▼ 0.59% BANCOLOMBIA 80.82 ▲ 0.51% GRUPO AVAL 4.92 — 0.00% CREDICORP 390.23 ▼ 0.09% SOUTHERN COPPER 175.59 ▲ 1.80% BUENAVENTURA 29.59 ▼ 2.15% MERCADOLIBRE 1,855 ▲ 2.26% NUBANK 14.10 ▲ 3.72% XP 17.06 ▲ 2.34% PAGSEGURO 9.34 ▲ 3.32% STONE 11.33 ▲ 1.57% GLOBANT 32.17 ▼ 0.19% TECNOGLASS 46.27 ▼ 0.45% GAP AIRPORT 219.20 ▼ 0.78% ASUR 275.20 ▼ 1.61% OMA AIRPORT 104.79 ▼ 0.49% AMX ADR 26.23 ▼ 0.15% FEMSA ADR 130.09 ▲ 0.83% CEMEX ADR 12.88 ▼ 0.69% PETROBRAS ADR 18.17 ▲ 1.11% VALE ADR 14.20 ▲ 0.04% ITAU ADR 8.34 ▲ 1.71% SANTANDER BR 5.33 ▲ 1.72% AMBEV ADR 3.08 ▲ 1.49% CSN 1.01 ▲ 1.91% GERDAU 4.70 ▼ 0.53% LATAM ADR 51.67 ▼ 1.70% BTC 65,450 ▲ 1.17% ETH 1,895 ▲ 1.26% SOL 77.58 ▲ 1.60% XRP 1.11 ▲ 1.38% BNB 573.96 ▲ 0.62% ADA 0.17 ▲ 0.55% DOGE 0.07 ▲ 1.36% AVAX 6.59 ▲ 2.08% LINK 8.55 ▲ 2.11% DOT 0.82 ▲ 0.71% LTC 47.33 ▲ 0.61% BCH 217.09 ▲ 1.03% TRX 0.33 ▼ 0.43% XLM 0.19 ▲ 0.72% HBAR 0.07 ▲ 0.13% NEAR 1.98 ▲ 3.42% ATOM 1.49 ▲ 1.29% AAVE 89.54 ▲ 0.23% SELIC 14.25% EMBRAER 82.69 ▲ 1.15% EMBRAER ADR 65.06 ▲ 1.51% JBS 11.95 ▲ 0.29% JBS BDR 60.63 ▲ 0.71% MBRF3 14.78 ▼ 1.66% MBRFY 2.89 ▼ 0.69% INTER 5.57 ▲ 3.63%
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Monday, July 20, 2026

Why Latin Americans Are Losing Faith In Institutions

By · December 12, 2025 · 2 min read

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Key Points

  • Trust in national government is limited: 35% high or moderately high; 48% low or none.
  • Crime and violence dominate priorities: 60% rank them among the top three national problems, about double the OECD share.
  • Trust tracks voice: 66% among those who feel people like them can influence decisions, versus 21% among those who feel ignored.

The OECD’s first regional trust survey, within its Global Trust Survey Project, uses two waves (2023 and 2025) across ten countries—Chile, Colombia, Costa Rica, Mexico, Brazil, Ecuador, Guatemala, Paraguay, Peru, and the Dominican Republic—surveying about 2,000 adults per country.

It reads like a pressure gauge for legitimacy. The institutional map is stark. Local government trust averages 37% (OECD: 45%).

The national public administration scores 32%, pointing to doubts about efficiency and impartiality. The national legislature averages 27%, and parties rank lowest. Police and armed forces tend to be among the most trusted institutions.

Why Latin Americans Are Losing Faith In Institutions. (Photo Internet reproduction)
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Vulnerability and Services Shape Citizen Confidence

The deeper driver is inclusion. Trust is 23 percentage points higher among people aligned with governing parties. Demographic gaps are smaller: women report 3 points less trust than men, and adults aged 18–29 report 4 points less than those over 50.

Vulnerability cuts harder: financial insecurity links to a 15-point trust drop; fear of crime, 9 points; identification with discriminated groups, 7. Delivery is the daily test. Satisfaction is 55% for administrative services, but 50% for education and 40% for health care.

Only 36% believe benefit applications are handled fairly, and 31% think officials would refuse a bribe. Still, 43% expect services can improve after complaints.

Long-run capacity and information flows now shape the ceiling for trust. Forty-six percent believe governments can balance interests between generations, above the OECD average, yet many doubt emergency readiness and regular use of scientific evidence.

Media trust is 42%. Social networks dominate political news (72% use them; OECD: 49%). Fewer than a quarter see official statistics as reliable or easy to access, and only 36% say governments clearly explain how reforms will affect their lives.

For expats, low trust means more friction—and more reliance on predictable rules, clean administration, and plain-language reform explanations than on grand promises.

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