Business Travel Spending in Latin America Expected to Reach $63.9 Billion USD in 2025 Amidst Modest Gains and Economic Headwinds
Business travel spending in Latin America – which includes Central and South America and Mexico – is projected to reach $63.9 billion USD this year, a 3.2% increase over 2024. However, the region is expected to navigate persistent challenges into 2026 that will continue to weigh on its overall economic outlook, including low investment, widening fiscal deficits, high debt-to-GDP ratios and trade policy uncertainty.
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