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2024

The Tech Ecosystem Powering Latin America’s Growth

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With geographic diversity and English proficiency, LATAM is entrepreneurial, leading to technology expansion in the region.

Even for those of us optimistic about Latin America’s (LATAM) business prospects, the path ahead isn’t without challenges. Political tensions persist. Several major economies in the region continue to seek balance and stability. True, the World Bank’s latest estimates did forecast a regional GDP expansion of 1.6% by year’s end, and further growth of an additional 2.7% next year. Skeptical observers may be forgiven for asking what may drive the region to real, sustainable, and impactful growth. The answer to that question is fairly simple—it lies in the brewing tech ecosystem unfolding across the region.