A recent analysis by organizations such as ECLAC and the IMF reveals that the outlook for economic growth in South America for the period 2026–2030 shows signs of recovery, although with notable differences between countries.
Robust growth in key countries
- Guyana It stands out as the country with the highest growth forecast for 2025, projecting up to 10.3% of GDP in 3Q20, according to IMF data. This boom reflects the explosive development of the hydrocarbon sector and investment in that country.
- Argentina, after emerging from a recession, leads with an estimated growth of 5% in 2026, according to the IMF, consolidating an expected recovery thanks to recent economic reforms.
Moderate or stable growth in other countries
- Paraguay records a solid projection, with an estimated growth of 3.8 % by 2025.
- Peru and Uruguay They appear with moderate performances: both have figures around 2.8 % of projected growth for 2025.
- Colombia and Chili maintain more moderate growth, estimated at 2.4–2.5 % for 2025–2026.
An overview of South America
According to the ECLAC, South America as a whole projects average growth of 2.7 1TP3Q in 2025, decreasing slightly to 2.4 1TP3Q in 2026.
The World Bank, for its part, estimates that the region's gross domestic product (GDP)—weighted by purchasing power parity—will increase from approximately $9.0 trillion in 2023 to $10.4 trillion in 2026, and will reach $12.4 trillion in 2030.
Medium-term trend
According to KPMG estimates, the annual growth rate for South America could increase from 1.5 1% 3Q in 2025 to around 3.1 1% 3Q in 2030, driven by economies such as Brazil and Argentina and new productive investments. However, factors such as climate change and high public debt pose significant risks to this outlook.
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