Press release
COVID-19 Impact on Latin American Economy Market Size, Growth and Forecast To 2025
Coronavirus fears continue to spike across the globe, leaving its traits on every nation. The countries in Latin America have been hit hard by the COVID-19; however, later than several other countries, including the US and the European countries. Therefore, Latin America has a chance to work on immediate actions and level the curve of contagion. Followed to which, the Latin American countries are stepping forward to increase their efforts by strengthening the healthcare sector and are taking several measures, including school closings, border closures, and other social distancing measures. While the region has a huge mass of youth population as compared to the elderly population (in contrast to European countries), the risk for the mortalities from coronavirus is relatively less.Request a Free Sample of Our Report on COVID-19 Impact on Latin American Economy: https://www.omrglobal.com/request-sample/impact-of-covid-19-on-latin-american-economy
In Latin America, the most COVID-19 affected countries are Brazil, Ecuador, Chile, Peru, Mexico, Panama, Argentina, Dominican Republic, Columbia, Uruguay, and Costa Rica. Among these Latin American countries, Brazil is experiencing the largest base of coronavirus affected people. On March 23, 2020, the country confirmed 1,960 cases and 34 deaths from the COVID-19. Brazil has closed all the borders on March 19, 2020; however, there are no restrictions for the US citizen visitors arriving by sea or air, though, they also have to follow certain medical advice regarding quarantines.
A Full Report of COVID-19 Impact on Latin American Economy is Available at: https://www.omrglobal.com/industry-reports/impact-of-covid-19-on-latin-american-economy
Argentina took a similar tactic and enacted strict measures for the safety of the public. The Government of Argentina has asked the public to remain in social isolation until the coronavirus ends. The country has also deployed Gendarmerie and the Federal Police to enforce the quarantine. The Government of Argentina has also allocated substantial funds intending to ensure state support to workers and businesses whose activities are hampered due to the outrun of the COVID-19 pandemic. The Colombian government is taking strict measures and has banned travel for at least a month. There are also several measures being taken by the government by announcing the closure of non-essential businesses and curfews in the country.
Industry Overview
Historical market growth estimation of Latin America economy excluding COVID-19 pandemic effect
Deviations in Latin America economy growth rate due to COVID-19 pandemic
Verticals Affected Most
Automobile
Food & Beverage
Construction
Oil & Gas
Aviation
Retail
Travel and Tourism
Others
Company Profiles
Azul Linhas Aéreas Brasileiras S/A
CEMEX
Ecopetrol SA
Ford Motor Co.
GOL Linhas Aéreas S.A.
Grupo Comercial Chedraui
Intrepid Group
LATAM Airlines Group S.A.
Marfrig Global Foods
Mercado Libre S.R.L.
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/impact-of-covid-19-on-latin-american-economy
Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +1 646-755-7667, +91 780-304-0404
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release COVID-19 Impact on Latin American Economy Market Size, Growth and Forecast To 2025 here
News-ID: 1989781 • Views: …
More Releases from Orion Market Research
North American Cardiovascular Devices Market to Witness Growth Acceleration by 2 …
North American cardiovascular devices market is projected to grow at a significant CAGR of 5.6% during the forecast period. The market growth in North America can be attributed to the rising geriatric population, frequent US FDA approvals for innovative cardiovascular devices, and the growing adoption of minimally invasive/non-invasive cardiac surgeries. There are several cardiac health organizations working in the US, such as American Heart Association. The geriatric population is more…
Topical Drug Delivery Market Will Exhibit an Impressive Expansion by 2024-2031
The global topical drug delivery market is anticipated to grow at a considerable CAGR of 6.1% during the forecast period. The key factor contributing to the market growth includes the increasing approvals, grants, and clearance by government authorities and regulatory bodies for topical drugs. For instance,
• In July 2022, Alembic Pharmaceuticals, (Aleor Dermaceuticals) received the US Food and Drug Administration (US FDA) approval for its Abbreviated New Drug Application (ANDA) for…
Surgical Retractors Market Size, Trends, Latest Insights, Analysis and Forecast …
The global surgical retractors market is anticipated to grow at a considerable CAGR of 6.3% during the forecast period. The increasing research and development activities for the development of new and advanced medical devices by the pharmaceutical and biotechnology companies. Increasing demand for the new surgical devices by the end-users are key factors that are contributing to the growth of the surgical retractors market. For instance,
• In June 2022, U.S.…
Medical Packaging Market Size, Trends, Latest Insights, Analysis and Forecast 20 …
The global medical packaging market is anticipated to grow with a significant CAGR of 6.1% during the forecast period. The growth of the medical packaging market is attributed to the rapidly changing healthcare industry. The medical packaging market is continuously experiencing various changes owing to the outbreak of new diseases, increasing regulatory norms, and growth in advanced healthcare systems. Furthermore, increasing development in diagnostics, pathological and other allied medical equipment…
More Releases for Latin
Latin America Energy Drinks Market
El nuevo estudio de Informes de Expertos titulado 'Mercado Latinoamericano de Bebidas Energizantes, Informe y Pronostico 2022-2027′, presenta una evaluacion exhaustiva del mercado, analizandolo segun el tipo de producto, canal de distribucion y las regiones importantes. La investigacion rastrea las tendencias mas recientes en el mercado y examina sus efectos sobre los principales factores de exito y restricciones. Ademas, evalua la dinamica del mercado y realiza analisis FODA y Cinco…
Latin America Electroceuticals Market
Latin America registers the significant growth of the electroceutical market during the forecast period especially in the countries including Brazil, Mexico among others, attributing to various driving factors. The growing prevalence of ischemic heart disease, age-related and other hearing loss, and epilepsy is creating demand for electroceuticals, thereby, anticipated to drive the growth of electroceuticals market in Latin America. As per the Institute for Health Metrics and Evaluation, in…
First TV Series in Latin
The turbulent adventures of the Roman restaurant owner Barrelius and his Germanic family in the ancient Roman Empire are the focus of the planned new television series MY MANIAC MANSIO.
Supporters of the recently launched project crowdfunding for the presentation of a MY MANIAC MANSIO trailer on major TV stations and international streaming services can not only secure "ancient" rewards, but also participate in the production as technical staff or even…
Latin America Colour Cosmetics Market
The colour cosmetics market in Latin America managed to keep its head above water over 2011-2016. The category recorded a CAGR of 1.7% despite a decline in value occurring towards the end of the period, Chile and Argentina offsetting the impact of economic crisis in Brazil and Venezuela. Direct selling still holds strong as the core channel for colour cosmetics purchases in the region but retail infrastructure is rapidly improving…
A Game Changer for Latin America? Shale Experts Analyse the Future of Unconventi …
Shale experts recently gathered in Buenos Aires to examine the potential impact of shale oil and gas resources in the Latin America region and globally. The CWC Summit was hosted in partnership with YPF and Y-TEC, and delegations in attendance included Chevron, Shell, Total, Schlumberger, Emerson and Halliburton, amongst others.
The welcoming address was delivered by Gonzalo Lopez Nardone, head of institutional relations for YPF and the opening address was given…
Latin America Oil & Gas Potential
Produced by The CWC Group, Latin American Oil and Gas Conference takes place on 25 – 27 October 2011, Mandarin Oriental Hotel, Miami, U.S.A. Organisers confirmed that the strategic conference will feature advanced insights from important organisations in the region alongside NOC’s showcases from Brazil, Mexico, Colombia, Trinidad & Tobago, Venezuela, Uruguay and Bolivia. Content centres on the development of the Latin America’s resources, the impact of shale…
