IMF projects economy will grow 4% in 2026 and 2027

The International Monetary Fund (IMF) has reaffirmed its favourable outlook for Argentina’s economy, projecting growth of four percent in both 2026 and 2027.

The multilateral lender has already praised the country’s performance in 2025 and the economic course taken by President Milei’s administration.

According to the latest update of the IMF’s World Economic Outlook report, Argentina’s economy will outpace global growth, which is estimated at 3.3 percent for 2026 and 3.2 percent for 2027.

Last year, the economy grew 4.5 percent, according to the Fund, following a 1.3 percent contraction in 2024, Milei’s first year in office.

Argentina is also expected to outperform Latin America and the Caribbean as a whole, where growth is forecast at 2.2 percent in 2026 and 2.7 percent in 2027.

Among the regional heavyweights, Brazil is projected to slow to 1.6 percent growth in 2026, with a rebound to 2.3 percent in 2027, while Mexico is expected to post more moderate rates of 1.5 percent and 2.1 percent respectively.

The IMF analysis warned, however, that Argentina’s projected growth is not without risks. An increase in international interest rates, increased financial volatility or a deterioration in global trade could negatively affect the economy.