The coronavirus is spreading deeper into Latin America, a region home to about 8.5 per cent of the world’s population that many expects believe could be among the worst affected by COVID-19.
Heavily reliant on commodity exports, tourism and remittances, Latin America’s fragile economies and vulnerable populations are likely to suffer.
JPMorgan expects a 2020 GDP contraction exceeding 2 per cent across the region and over 3 per cent in Colombia, Brazil and Mexico.
Below, Reuters examines World Bank data that shine a light on just how vulnerable Latin America may be to the virus’ spread.