Category: Banking & Financial Services
South America Banking & Financial Services
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Macro - Country Economic Forecasts - Ecuador
... from a 1% contraction in 2024 to 1.8% growth in 2025. This rebound is mainly due to base effects, as market conditions for consumers and businesses will remain tough. Our GDP projections are above the ... Read More
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Macro - Country Economic Forecasts - Argentina
... better-than-expected Q3 performance in the external sector. Our forecast for next year is lower than consensus for 2025 but higher for 2026. The approved RIGI scheme presents an upside risk to growth, while the La ... Read More
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Analysis by Region - Emerging Markets
... This reflects our view that private consumption is gaining momentum as inflation falls faster than we anticipated. With interest rates falling and inflation cooling, we anticipate a slight uptick in growth next year to 4%. Read More
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Analysis by Region - Emerging Markets - Chile
... monthly activity print was well below our expectation, and subsequent Q3 national accounts confirmed growth of 0.7% q/q, 0.2ppts below our forecast. We have also lowered our 2024 growth forecast by 0.1ppts to 2.4% y/y. Read More
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Macro - Country Economic Forecasts - Guyana
... in 2026 to reflect a more bearish outlook for global oil prices. In the medium term, we forecast a sustained period of 4% growth given waning base effects and a maturing of the oil industry. Read More
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Analysis by Region - Emerging Markets - Colombia
... mainly to less carry-over and slower private consumption. Conversely, we expect investment will rebound considerably as we see it gradually returning to levels reached before President Gustavo Petro's administration. Risks are tilted to the downside ... Read More
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Analysis by Region - Emerging Markets - Paraguay
... labor market and a recovery in real wages, along with more accommodative financial conditions, support our forecast. We expect these factors will drive domestic demand to expand by 5.7% this year and 4.0% next. This ... Read More
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Analysis by Region - Emerging Markets - Peru
... financial conditions. However, we expect economic activity will slow in Q4 2024 due to intermittent strikes and protests, which pose downside risks to our view for next year if momentum slows further than we expect. Read More
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Analysis by Region - Emerging Markets - Bolivia
... to 1.0% due to the protracted riots and higher inflation weighing on feeble domestic demand. The Supreme Court banned ex-president Evo Morales from running in the 2025 elections, triggering a political stalemate. Meanwhile, the Congress ... Read More
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Analysis by Region - Emerging Markets - Venezuela
... with our forecast. The country will likely reach 1mn bpd output next year, as foreign oil licences continue. After July's elections, our baseline continues to be for President Nicolás Maduro to be re-elected with current economic ... Read More
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Economy of Bolivia 2024
... positive growth. However in the last decade revenue from natural gas exports is down significantly, which has left a hole in the public finances. The Government has resorted to the Central Bank to fund its ... Read More
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Economy of Paraguay 2024
... develop housing and healthcare. A major anomaly in its trade is that China is the single largest source of imports whereas it has minimal exports in the other direction. This situation will only be rectified ... Read More
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Economy of Uruguay 2024
... order to raise the growth rate it needs to integrate further in the industrial supply chains of Brazil and Argentina, invest in niche high value added sectors and continue to develope its exports to China. Read More
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Analysis by Region - Emerging Markets - Brazil
... earnings, although cooling, will still rise over 6% this year, while households hesitate to rebuild savings despite two-digit interest rates. Together, this will likely result in a domestic demand-based expansion for 2024. We expect an ... Read More
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Paraguay In-depth PEST Insights
... analysis. Synopsis Understand the political system in Paraguay through analysis of key figures in the country and governance indicators. Understand the economic situation in Paraguay through a balanced assessment of core macroeconomic issues. Understand customer ... Read More
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Analysis by Region - Emerging Markets - Uruguay
... was largely fueled by the external sector, reflecting historically high exports from a better-than-expected harvest season. We trimmed our 2025 GDP growth outlook by 0.2ppts to 2.6%, as a 5.7% import rebound, fueled by a ... Read More
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Brazil International Remittance Market Business and Investment Opportunities - Analysis by Transaction Value & Volume, Inbound and Outbound Transfers to and from Key States, Consumer Demographics – Q3 2024
... remittance market in Brazil has increased at 14.1% during 2023 to reach US$6,340.5 million in 2024. Over the forecast period (2024-2028), market size is expected to record a CAGR of 8.6%, increasing from US$5,557.5 million ... Read More
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Colombia International Remittance Market Business and Investment Opportunities - Analysis by Transaction Value & Volume, Inbound and Outbound Transfers to and from Key States, Consumer Demographics – Q3 2024
... remittance market in Colombia has increased at 6.0% during 2023 to reach US$10,527.2 million in 2024. Over the forecast period (2024-2028), market size is expected to record a CAGR of 3.4%, increasing from US$9,930.3 million ... Read More
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Economy of Chile 2024
... same time that period created the basis for a funcioning economy which was bequeated to its democratic successors. Chile consistently grows in the 5-6% pa range and is considered a model country in the region. Read More
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Economy of Peru 2024
... failed sate. In the 1990's the Government of Fujimori undertook reforms that restored order to the public finances. Since the Millennium Peru is a much better ruuuuuuuuuun country and regularly grows at 5% a year. Read More
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Peru Cards and Payments: Opportunities and Risks to 2028
... including - - Current and forecast values for each market in the Peruvian cards and payments industry, including debit and credit cards. - Detailed insights into payment instruments including cash, credit transfers, cards, direct debits ... Read More
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Brazil In-depth PESTLE Insights
... analysis.Synopsis Understand the political system in Brazil through analysis of key figures in the country and governance indicators. Understand the economic situation in Brazil through a balanced assessment of core macroeconomic issues. Understand customer demographics ... Read More
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Analysis by Region - Emerging Markets - Argentina
Analysis by Region - Emerging Markets - Argentina Industrial production (manufacturing, extraction and utilities) is forecast to lag economic growth in 2024, falling by 7.7%, picking up to 6.2% growth in 2025. Read More
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Brazil Embedded Finance Business and Investment Opportunities Databook – 75+ KPIs on Embedded Lending, Insurance, Payment, and Wealth Segments - Q2 2024 Update
... to grow by 14.4% annually to reach US$3,593.0 million in 2024. The embedded finance industry is expected to grow steadily over the forecast period, recording a CAGR of 26.2% from 2024 to 2029. The country's ... Read More
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Colombia Embedded Finance Business and Investment Opportunities Databook – 75+ KPIs on Embedded Lending, Insurance, Payment, and Wealth Segments - Q2 2024 Update
... to grow by 25.0% annually to reach US$880.6 million in 2024. The embedded finance industry is expected to grow steadily over the forecast period, recording a CAGR of 45.3% from 2024 to 2029. The country's ... Read More