Latin America and Caribbean (excluding high income) economy annual growth rate from 2000 to today. GDP growth (yearly %). World Bank and OECD national accounts data.
In 2023, the Latin American and Caribbean region, excluding high-income countries, experienced a modest GDP growth rate of 1.3%. This performance was influenced by global economic uncertainties and internal challenges, including inflationary pressures and fiscal constraints. Subregional disparities were evident, with Central America and Mexico achieving a growth rate of 3.0%, while South America and the Caribbean (excluding Guyana) grew by 1.2% and 4.2%, respectively.