Mexico's Economy: OECD Predicts Gloomy 2025, Recession Looms

Mexico Faces Bleak Economic Forecast: OECD Predicts Slowest Growth in Latin America Mexico's economy is facing a challenging period, with projections suggesting the country will experience the slowest economic growth in Latin America in 2025. According to the Organisation for Economic Co-operation and Development (OECD), the country's GDP is expected to increase by a mere 0.4% this year. This is significantly lower than other Latin American nations and signals a concerning trend. The OECD's report highlights the impact of several factors contributing to this sluggish growth. New trade barriers and a lack of domestic dynamism are cited as key challenges. The organization's report further predicts a recession for 2025 and 2026, with a modest recovery anticipated in 2026, reaching a growth of only 1.1%. "The combination of new trade barriers and low domestic dynamism could significantly limit Mexico's economic recovery," stated an OECD spokesperson. The report underscores the need for proactive measures to stimulate economic growth and mitigate the potential negative impacts of the predicted recession. While the forecast is concerning, experts believe that strategic policy adjustments and investments could help alleviate the situation and foster a stronger recovery in the coming years. The situation serves as a wake-up call for policymakers to address underlying economic challenges and implement effective strategies to promote sustainable growth.