South America’s jump from a 0.8 percent economic expansion in 2017 to a forecast 2.0 percent growth in 2018. An 11.0 percent rise in Latin American exports coupled with the price hikes of commodities like oil and minerals explain a good part of the improved economic scenarios for Chile, Brazil, Peru, and Colombia, which are expected to break records, respectively, from 2017 to 2018 across South America.
The economy of Latin America is expected to accelerate in coming years because of favorable external environment, higher commodities prices, low inflation and more accommodative monetary policies. Growth dynamics are stronger than previous years in recent time, the recovery has so far been moderate, and spare capacity continues to linger in the region’s major players. Also, imbalances are wide, and high fiscal and external deficits threaten to derail the region’s growth momentum.
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Scope of the South America PESTEL Analysis, SWOT Analysis and Risk Analysis Market Research Reports
- These reports provide information about key macroeconomic indicators for South America.
- These reports provide PESTELE (political, economic, social, technological, environmental and legal) analysis for South America.
- These reports provide SWOT (strengths, weaknesses, opportunities and threats) analysis for South America.
- These reports provide risk analysis for South America.
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