The biggest economic crisis in recent decades in Latin America is in full swing, with regional unemployment exceeding 13%, which in practice means that 41 million people have lost their jobs. Projections of a drop in economic growth for this year are around 9%. The Economist Intelligence Unit (EIU) anticipates that the countries that could recover their pre-pandemic growth level by the end of 2022 are Colombia, Chile, Peru, Paraguay, Uruguay, Dominican Republic, Costa Rica and Panama. The rest will have to wait until 2023, 2024 and 2025, including the three largest economies in the region: Brazil, Mexico and Argentina.
Source: El Deber