IMF - World Economic Outlook

The International Monetary Fund (IMF) publishes data on world economic developments. Latin America was hard hit by Covid-19 last year, and the South Cone (Argentina, Brazil, Chile, Paraguay, and Uruguay) was no different. However, not every economy suffered alike. Argentina's GDP dropped the most in 2020 (-10%) and the IMF forecasts that after a relatively better performance in 2021 (+5.8%), its growth rate will lag behind that of its neighbors (+2.5% in 2022 and a deceleration to +1.5% by 2026).