Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Latin America Faces Slowing Growth as Commodities Fall, IDB Says

Latin America and the Caribbean face weaker economic growth over the next five years as commodity prices fall and governments struggle with fiscal deficits, the Inter-American Development Bank said.

Annual growth for Latin America and the Caribbean is forecast to be 3.9 percent through 2017, down from 4.8 percent during the five years before the 2007 global recession, the Washington-based lender said in a report today. Out of 21 major economies in the region that were reviewed for the study, only Colombia, Trinidad & Tobago and Belize were in better fiscal shape than before the financial crisis.

“Weaker fiscal balances are a cause for concern under current circumstances,” according to the report. “The space for monetary policy action has shrunk and sustained lower growth expectations place a limit on what monetary policy can achieve.”

To revive growth, governments should invest in infrastructure and bolster domestic savings, the IDB said.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.