Read our latest reports on Latin America here, with analyses and ...
Read our latest reports on Latin America here, with analyses and market statistics that explore the evolving consumer preferences, market environment and inherent growth potential in individual countries, or briefings that assess key strategic themes...
Insight into income, wealth and expenditure of consumers and households is vital in helping businesses make strategic decisions with regards to which country (or even which region within a country) to enter, which consumer segment to target, which…
Insight into income, wealth and expenditure of consumers and households is vital in helping businesses make strategic decisions with regards to which country (or even which region within a country) to enter, which consumer segment to target, which…
Peru's economy is set to witness moderate growth over 2022-2027, driving an increase in per capita disposable income. This growth will influence consumer behaviour, with the middle youth dominating the top-income bracket, impacting luxury spending…
Insight into income, wealth and expenditure of consumers and households is vital in helping businesses make strategic decisions with regards to which country (or even which region within a country) to enter, which consumer segment to target, which…
Insight into income, wealth and expenditure of consumers and households is vital in helping businesses make strategic decisions with regards to which country (or even which region within a country) to enter, which consumer segment to target, which…
Mexico is poised for a notable rise in per capita income over 2022-2027. Mid-Lifers will continue to drive luxury spending trends. Despite a global high in terms of income inequality, social class E will dominate. The Mexico region will remain the…
Insight into income, wealth and expenditure of consumers and households is vital in helping businesses make strategic decisions with regards to which country (or even which region within a country) to enter, which consumer segment to target, which…
Insight into income, wealth and expenditure of consumers and households is vital in helping businesses make strategic decisions with regards to which country (or even which region within a country) to enter, which consumer segment to target, which…
Insight into income, wealth and expenditure of consumers and households is vital in helping businesses make strategic decisions with regards to which country (or even which region within a country) to enter, which consumer segment to target, which…
Ecuador's per capita income is set to rise, driven by Middle Youth influencing luxury spending. While income inequality is expected to decrease, it will remain high in global terms. Social class C will grow rapidly, while social class E will still be…
Insight into income, wealth and expenditure of consumers and households is vital in helping businesses make strategic decisions with regards to which country (or even which region within a country) to enter, which consumer segment to target, which…
Insight into income, wealth and expenditure of consumers and households is vital in helping businesses make strategic decisions with regards to which country (or even which region within a country) to enter, which consumer segment to target, which…
Colombia’s per capita income is projected to grow over 2022-2027, with middle-aged individuals dominating the top income group. Income inequality remains high but is expected to decrease in the long term, while social class C will see the fastest…
In 2023, Chile ranked fourth in Latin America for average gross income. However, over the year, the country recorded a notable decrease in per capita disposable income amid the economic slowdown, persistent inflationary pressures and higher…
In 2023, Brazil saw growth in per capita disposable income, driven by reduced unemployment and increased labour productivity. However, income inequality remained high, with a significant portion of the population living below the poverty line. Over…
Insight into income, wealth and expenditure of consumers and households is vital in helping businesses make strategic decisions with regards to which country (or even which region within a country) to enter, which consumer segment to target, which…
In 2023, Argentina ranked sixth in Latin America for average gross income. Over the year, the country recorded a 0.5% decrease in per capita disposable income due to severe economic hurdles, skyrocketing inflation and growing poverty levels. However,…
The number of households is set to increase moderately in Venezuela over 2022-2027, with other becoming the dominant household type. In 2022 household spending was affected by inflation, which stood at 197.4% elevating living costs. The fastest…
The number of households is set to increase slightly, while the average household size will remain unchanged in Uruguay over 2023-2028. Single person households will remain the dominant household type but the fastest household expenditure growth is…
Between 2022 and 2027, Peru's households are set to expand. While traditional family households remain prevalent, the growth of single-person households is notable due to factors like migration and evolving lifestyles as well as soaring urbanisation.…
The number of households is set to increase moderately, while the average household size will shrink in Paraguay over 2023-2028. Couples with children will remain the dominant household type but the fastest household expenditure growth is forecast to…
The number of households is set to increase moderately, while the average household size will shrink in Panama over 2023-2028. Couples with children will remain the dominant household type but the fastest household expenditure growth is forecast to…
The number of Mexican households is predicted to increase moderately over 2022-2027, with couples with children remaining the leading household type. In 2022, household spending was affected by inflation, standing at 8.1%, thus increasing living…
The number of households is set to increase moderately, while the average household size will shrink in Honduras over 2023-2028. Extended ("Other") households will remain the dominant household type but the fastest household expenditure growth is…
The number of households is set to increase moderately, while the average household size will shrink in Guatemala over 2023-2028. Couples with children will remain the dominant household type but the fastest household expenditure growth is forecast…
The number of households is set to increase slightly, while the average household size will remain unchanged in El Salvador over 2023-2028. Couples with children will remain the dominant household type but the fastest household expenditure growth is…
The number of households is set to increase moderately in Ecuador over 2022-2027, with “other (extended)” becoming the leading household type. In 2022, household spending was affected by inflation, which stood at 3.5%, increasing living costs. The…
The number of households is set to increase moderately, while the average household size will shrink in Dominican Republic over 2023-2028. Couples with children will remain the dominant household type but the fastest household expenditure growth is…
The number of households is set to increase moderately, while the average household size will shrink in Costa Rica over 2023-2028. Couples with children will remain the dominant household type but the fastest household expenditure growth is forecast…
Colombia’s household landscape is poised for moderate growth between 2022 and 2027, with other (extended) households becoming the dominant type. In 2022, inflation, at 10.2%, raised living expenses, impacting household spending. Single person…
The number of households is set to increase slightly in Chile over 2022-2027, as couples with children will remain the dominant household type. In 2022 household spending was affected by inflation, which stood at 11.6% elevating living costs. The…
The number of households is set to increase substantially in Brazil over 2022-2027; with couples with children remaining the leading household type. In 2022 household spending was affected by inflation, which stood at 9.3%, increasing living costs.…
The number of households is set to increase moderately, while the average household size will remain unchanged in Bolivia over 2023-2028. Extended ("Other") households will remain the dominant household type but the fastest household expenditure…
Over 2022-2027, Argentina is set to see a modest rise in the number of households, with couples having children continuing to be the prevailing household type. In 2022, household spending was significantly impacted by a high inflation, leading to…
The report examines the economic landscape of Venezuela and provides information on major monetary indicators, foreign trade and government finance. The economy expanded in real terms in 2023, driven by private consumption, government spending,…
The report examines the economic landscape of Uruguay and provides information on major monetary indicators, foreign trade and government finance. The economy expanded in real terms in 2023, driven by private consumption, government spending.…
In 2022, Peru’s economy grew slower than the Latin American average due to the political turmoil and global challenges affecting trade. Private spending and gross fixed capital formation sustained the economy throughout the year. Consumer and…
The report examines the economic landscape of Paraguay and provides information on major monetary indicators, foreign trade and government finance. The economy expanded in real terms in 2023, driven by exports, private consumption, government…
The report examines the economic landscape of Panama and provides information on major monetary indicators, foreign trade and government finance. The economy expanded in real terms in 2023, driven by private consumption, government spending,…
Despite an economic slowdown in 2023, Mexico’s economy outperformed the Latin American average, supported by relatively strong domestic demand and ongoing nearshoring investments. However, a further deceleration is anticipated in 2024, owing to a…
The report examines the economic landscape of Honduras and provides information on major monetary indicators, foreign trade and government finance. The economy expanded in real terms in 2023, driven by private consumption, government spending.…
The report examines the economic landscape of Guatemala and provides information on major monetary indicators, foreign trade and government finance. The economy expanded in real terms in 2023, driven by private consumption, government spending,…
The report examines the economic landscape of El Salvador and provides information on major monetary indicators, foreign trade and government finance. The economy expanded in real terms in 2023, driven by private consumption, government spending.…
Ecuador’s GDP grew by 1.5% in real terms in 2023. Among positive developments, private and public spending increased, supporting economic activity in the country. However, the economy was hindered by sluggish gross fixed capital formation and…
The report examines economic landscape of Dominican Republic and provides information on major monetary indicators, foreign trade, investments and government finance. The economy in Dominican Republic expanded in real terms in 2022, driven by…
The report examines the economic landscape of Costa Rica and provides information on major monetary indicators, foreign trade and government finance. The economy expanded in real terms in 2023, driven by exports, private consumption, government…
Colombia’s GDP growth slowed to 1.3% in real terms in 2023, due to a decline in investment and exports, although private and public spending increased. Colombia’s trade sector experienced a downturn during the year, with both exports and imports…
In 2023, Chile’s economy contracted by 0.3%, due to sluggish private spending, gross fixed capital formation (GFCF) and exports, despite a rise in public consumption. However, projections for 2024 are for GDP growth of 1.7%, driven by robust exports,…
In 2023, Brazil’s GDP growth decelerated slightly, to 2.9%, but outperformed the Latin American average, driven by robust domestic demand. Furthermore, the country’s inflation rate fell to 4.6%, due to high interest rates and lower commodity prices.…
The report examines the economic landscape of Bolivia and provides information on major monetary indicators, foreign trade and government finance. The economy expanded in real terms in 2023, driven by private consumption. However global economic…