Top 3 Worst Countries for Driving in Latin America and 2024 Economic Projections

2024-03-06 18:46:00

Driving might mean great entertainment for a certain group of people because they observe beautiful landscapes, monuments, among others. However, for some drivers it becomes a headache to drive in traffic, they may even spend many hours trying to get out of a congested road. For this reason, the consulting firm Compare the Market revealed the three Latin American countries that are considered the worst for transportation.

WHAT ARE THE THREE WORST COUNTRIES TO DRIVE IN LATIN AMERICA?

According to Compare the Market, the three countries that have some of the worst traffic in Latin America are Peru, Argentina and Brazil. These results are based on the testimonies of citizens, the permitted blood alcohol limits, the condition of the roads, the mortality rate from traffic accidents (every 100 thousand inhabitants), the maximum speed allowed, the vehicle congestion index. in which the average travel time to work, the degree of related dissatisfaction, CO2 emissions and general failures in the transportation infrastructure are calculated.

WHICH COUNTRY WILL GROW THE MOST ECONOMICALLY IN LATIN AMERICA IN 2024?

The UN DESA revealed that Latin America and the Caribbean would achieve less than the previous year due to the low execution of its main drivers, that is, Brazil, which would only grow 1.6% during 2024, compared to 3.1% in the former. In turn, Mexico would increase by 2.3% this year, compared to 3.5% in 2023. Quite the opposite with Argentina’s GDP, as it would contract by -3.3% in this time, following going through a fall -2.5% last year, although at the same time the crisis would continue with a high level of inflation.

However, the opposite is calculated with Guyana, which will be the economy in the region that grows the most during this season, with a boost of 25.3%, while by 2025 it would be 12.2%, amid the success that it generated oil exploration in said country, which for now is in a territorial dispute with Venezuela over the Essequibo, an area rich in natural and mineral resources.

Finally, the other nations that would have a better projection in 2024 would be: Panama and the Dominican Republic (both with a projection of 4.2%), Paraguay (4%), Costa Rica (3.7), Honduras (3.3 %), Guatemala (3.1%), Uruguay (2.8%), Venezuela (2.7%), Ecuador (2.4%), Peru and Mexico (both with 2.3%) and Chile (2 ,2).

WHICH ARE THE TWO BEST COUNTRIES IN LATIN AMERICA TO LIVE IN RETIREMENT, ACCORDING TO INTERNATIONAL LIVING?

Below, we present the International Living ranking for Annual Global Retirement 2024:

• Costa Rica
• Portugal
• Mexico
• Panama
• Spain
• Ecuador
• Greece
• Malaysia
• France
• Colombia.

It is important to mention that the magazine selected Ecuador due to the temperate climate, good public transportation system and a good health system. In addition, it is one of the South American countries that has a very diverse ecology in the world, although they do not overlook the friendliness of its people and the low cost of living. At the same time, in Colombia, it is considered by the magazine to be a place with microclimates, low cost of living, an agrarian culture and very friendly and uncomplicated people.

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