United Nations Economic Commission for Latin America and the Caribbean

UN warns of lower growth for Latin America

Economic growth in Latin America and the Caribbean will be lower than expected at 1.8 percent this year due to the war in Ukraine, a UN body has said. 

In 2021, the region's gross domestic product (GDP) growth was 6.2 percent, and the UN Economic Commission for Latin America and the Caribbean (ECLAC) in January forecast growth of 2.1 percent for 2022.