9 December 2014

Latin America’s GDP growth rate has slowed down in 2014, dropping below 1.5%. This is the first time in a decade that the region grows less than the OECD average, according to the OECD Development Centre, the Commission for Latin American and the Caribbean (UN-ECLAC) and the development bank for Latin America (CAF). Given the projections in the past weeks, any recovery in 2015 is likely to be challenging.

Read the Press Release