HOUSTON, TEXAS (By Pietro D. Pitts, Editores Latin Petroleum, 6.Nov.2026, Words: 191) — Resource-rich Venezuela, is poised to lead economic growth in the Latin America and Caribbean (LAC) region in 2026 and 2027.
According to details published by the International Monetary Fund (IMF), Venezuela recorded gross domestic product (GDP) growth of 9% in 2025.
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In 2026, the OPEC country’s economy is expected to grow 5%, followed by growth of 7% in 2027.
LAC region growth
Growth in the LAC region remains resilient, projected at 2.3% in 2026, 2.5% in 2027, and 2.9% in 2028, according to IMF estimates.
“Strong US demand, commodity prices, tourism, and remittances are helping to offset trade and geopolitical pressures,” IMF managing director Kristalina Georgieva said on 6 Nov. 2026 in a post on social media.
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By Pietro D. Pitts reporting from Houston. © 1999-2026 Energy Analytics Institute (EAI) and its 100% owned Venezuelan affiliate Editores Latin Petroleum CA. All Rights Reserved.
