According to the latest update of the 'World Economic Outlook', presented this Monday, it ratifies the forecasts published by the organization last October and places Argentina among the economies with the greatest relative dynamism globally.
According to the report, the projected growth for Argentina is above the world average, which the IMF estimates at 3.3% for 2026 and 3.2% for 2027. In contrast, Argentina stands out with rates higher than the regional average, which the IMF calculates at 2.2% for 2026 and 2.7% for 2027.
The document describes a scenario of 'firm' global growth, although marked by opposing forces. In the case of emerging and developing economies, the average inflation would be higher, with estimated figures of 4.8% this year and 4.3% next year.
The Fund also included forecasts for international energy prices, with direct implications for hydrocarbon-exporting countries. For advanced economies, it forecasts a gradual deceleration in the inflation rate, from an average of 2.5% in 2025 to 2.2% in 2026 and 2.1% in 2027.
According to the IMF, this situation could call into question the fiscal sustainability of these countries and generate negative impacts on the cost of financing and the stability of the global financial system.
In this complex international context, the confirmation of the growth projections for Argentina appears as a positive signal from the organization's perspective, although conditioned by a volatile external scenario and structural challenges that the country will have to face to sustain this expansion rate in the medium term.
In the case of Mexico, the organization estimates a growth of 1.5% this year and 2.1% the next, after a poor performance in 2025. After an average fall of 14.2% in 2025, the price of oil would fall another 8.5% in 2026 and show only a slight recovery of 0.1% in 2027.
For Brazil, the projection indicates a deceleration from the 2.5% recorded in 2025 to 1.6% in 2026, with a partial recovery to 2.3% in 2027. This performance places it ahead of several emerging economies and also its main regional partners.
In Latin America, the Fund forecasts moderate growth in general. On the other hand, trade tensions, geopolitical uncertainty, and protectionist policies continue to act as a brake in other parts of the world.
According to the IMF, the current balance of the world economy arises from the private sector's ability to adapt and the push for investment in technology, which manage to partially offset the negative effects derived from trade disputes and political conflicts.
In the risks section, the IMF warns about the possibility of a worsening of trade tensions, especially if disputes between major powers over exports of strategic inputs such as semiconductors or critical minerals are reactivated. On the one hand, the expansion of technological investment, particularly linked to the development of artificial intelligence, sustains the level of activity in regions such as North America and Asia.
