Latin America & Caribbean: GDP real growth by country 2024

Published by
Jose Sanchez,
Oct 11, 2024

Haiti is expected to experience the worst economic recession in Latin America and the Caribbean in 2024. Haiti's gross domestic product (GDP) in 2024 is forecast to be 3 percent lower than the value registered in 2023, based on constant prices. Aside from Argentina, Haiti, and Puerto Rico, most economies in the region were likely to experience economic growth in 2024, most notably, Guyana.

Gross domestic product (GDP) real growth rate in Latin America and the Caribbean in 2024, by country

CharacteristicGrowth rate
Guyana 33.9%
Antigua and Barbuda 6.1%
Dominican Republic 5.4%
St. Vincent and the Grenadines 5.3%
St. Kitts and Nevis 4.7%
Dominica 4.6%
Grenada 4.1%
Costa Rica 4%
Venezuela 4%
Paraguay 3.8%
Barbados 3.7%
Uruguay 3.7%
Honduras 3.6%
Showing entries 1 to 13 (35 entries in total)
Created with Highcharts 7.2.2Growth rate33.9%33.9%6.1%6.1%5.4%5.4%5.3%5.3%4.7%4.7%4.6%4.6%4.1%4.1%4%4%4%4%3.8%3.8%3.7%3.7%3.7%3.7%3.6%3.6%3.5%3.5%3.5%3.5%3.4%3.4%3%3%3%3%2.5%2.5%2.5%2.5%2.4%2.4%2.4%2.4%2.4%2.4%2.3%2.3%2.2%2.2%2%2%2%2%1.8%1.8%1.6%1.6%1.1%1.1%1.1%1.1%0.1%0.1%-0.2%-0.2%-2.8%-2.8%-3%-3%GuyanaAntigua and BarbudaDominican RepublicSt. Vincent and the GrenadinesSt. Kitts and NevisDominicaGrenadaCosta RicaVenezuelaParaguayBarbadosUruguayHondurasGuatemalaNicaraguaBelizeEl SalvadorSurinamePanamaPeruMexicoSt. LuciaTrinidad and TobagoBahamasBrazilChileRegional averageJamaicaBoliviaArubaColombiaEcuadorPuerto RicoArgentinaHaiti
-5%-2.5%0%2.5%5%7.5%10%12.5%15%17.5%20%22.5%25%27.5%30%32.5%35%37.5%40%

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Release date

October 2024

Region

LAC

Survey time period

October 2024

Special properties

Forecasts based on constant prices; Compared to the previous year

Supplementary notes

Data was not available for countries or territories excluded from this graph.

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