openPR Logo
Press release

COVID-19 Impact on Latin American Economy Size, Share & Industry Report to 2025

04-24-2020 01:24 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Research

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 Areas Brasileiras S/A
CEMEX
Ecopetrol SA
Ford Motor Co.
GOL Linhas Areas 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 Size, Share & Industry Report to 2025 here

News-ID: 2023751 • Views:

More Releases from Orion Market Research

Infrastructure as Code (IaC) Service Market Size Analysis, Competitive Insights, Leading Players and Growth Opportunities by 2033
Infrastructure as Code (IaC) Service Market Size Analysis, Competitive Insights, …
Infrastructure as Code (IaC) Service Market was valued at approximately USD 0.932 billion, and it's projected to expand to around USD 7.509 billion by 2033, achieving a robust CAGR of 23.2% from 2024 to 2033. Infrastructure as Code (IaC) Service Market Overview The Infrastructure as Code (IaC) Service Market is experiencing remarkable expansion, fueled by the escalating need for scalable, automated infrastructure deployment across cloud and enterprise environments. In 2023, the market
Ultra High-Performance Liquid Chromatography (UHPLC) Columns Market : A Guide to Understanding the Process
Ultra High-Performance Liquid Chromatography (UHPLC) Columns Market : A Guide to …
Ultra High‐Performance Liquid Chromatography (UHPLC) Columns Market is estimated to be valued at USD 2.5 billion, and is projected to grow to approximately USD 4.8 billion by 2033, representing a compound annual growth rate (CAGR) of about 7.8% from 2024 to 2033. Ultra High-Performance Liquid Chromatography (UHPLC) Columns Market Overview The UHPLC columns market is on a strong growth trajectory, fueled by increasing demand for rapid, high-resolution analytical techniques across pharmaceuticals, biotechnology,
Property Management Service Market Rising Demand and Growth Forecast Through 2033
Property Management Service Market Rising Demand and Growth Forecast Through 203 …
Property Management Service Market was valued at approximately USD 17.3 billion. It is anticipated to reach around USD 32.0 billion by 2033, growing at a compound annual growth rate (CAGR) of 7.3% from 2024 to 2033. Property Management Service Market Overview The Property Management Service Market is witnessing steady growth due to increasing urbanization, rising investments in real estate, and a growing demand for outsourced property management solutions. Property owners are increasingly
5G Chipset Market Set to Witness Significant Growth by 2033 | Apple Inc., HiSilicon Technologies Co., Ltd., ZTE Corporation,
5G Chipset Market Set to Witness Significant Growth by 2033 | Apple Inc., HiSili …
The global 5G chipset market was valued at USD 33.75 billion in 2024 and is projected to reach USD 502.66 billion by 2033, growing at a compound annual growth rate (CAGR) of 35% from 2025 to 2033. 5G Chipset Market Overview The 5G chipset market is experiencing rapid growth, driven by the global rollout of 5G networks and the increasing demand for high-speed, low-latency connectivity across various applications, including smartphones, IoT

All 5 Releases


More Releases for Latin

Latin America Smart Packaging Market
The research report "Latin America Smart Packaging Market: By Technology Type ((Modified Atmosphere Packaging (MAP), Active Packaging, Intelligent Packaging (IP)), End User Type (Food & Beverages, Personal Care, Healthcare, Automotive), and Geography- Global/Region/Country Forecast to 2028. Latin America smart packaging market is anticipated to grow at a CAGR rate of x% during the forthcoming years 2022-2028. View the detailed report description here - https://precisionbusinessinsights.com/market-reports/latin-america-smart-packaging-market/ Changes in lifestyle patterns foster the
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
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
Successful launch for DISTREE Latin America
SAO PAULO, PARIS, LONDON, DUBAI, and MOSCOW – The inaugural DISTREE Latin America took place earlier this month at the Sofitel Jequitimar Hotel in Sao Paulo State, Brazil. More than 300 delegates attended DISTREE Latin America 2011, including representatives from approximately 50 vendors looking to launch, build or manage channels within the region. “It is always an exciting moment to launch a new DISTREE event in a dynamic market such
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