Skip to main content

Latin America: is another debt crisis brewing?

Fiscal risks in Latin America have largely been out of the spotlight over the past year, but we think that public debt concerns will build over the coming years. Sovereign defaults seem more likely than not in a handful of countries (Argentina, Ecuador and Bolivia) that still show some of the vulnerabilities that were widespread in the region decades ago. The good news is that the nature of sovereign debt problems elsewhere in the region has fundamentally changed and default risks are much lower now. But even so, public debt dynamics across much of Latin America are likely to worsen from 2024.

Become a client to read more

This is premium content that requires an active Capital Economics subscription to view.

Already have an account?

You may already have access to this premium content as part of a paid subscription.

Sign in to read the content in full or get details of how you can access it

Register for free

Sign up for a free account to gain:

  • Unlock additional content
  • Register for Capital Economics events
  • Receive email updates and economist-curated newsletters
  • Request a free trial of our services

Get access