Number of the week

Can Latin America meet growth expectations?

The World Bank believes in a 3.7-percent growth rate for Latin America. That, however, will not be enough to recoup losses from last year

latin america growth rate
São Paulo under quarantine. Photo: Nelson Antoine/Shutterstock

Welcome to “Number of the Week,” where we choose a single figure that helps understand what is going on in Brazil. This week’s number is the World Bank’s expected GDP growth rate for Latin America:

3.7%
growth in 2021

As the coronavirus spread around the world, Latin America quickly became the pandemic’s epicenter. Though the region is home to less than 10 percent of the global population, it has recorded nearly 20 percent of confirmed Covid-19 cases. Furthermore, low testing rates and the high prevalence of positive tests in numerous countries — notably Brazil and Mexico...

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