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El Niño may cut Andean GDP by 0.6 to 1.7 points
20/04/2026
With a 61% probability of El Niño occurring in the May–July 2026 quarter (NOAA), Andean countries could see GDP reduced by 0.6 to 1.7 percentage points. The phenomenon would affect agriculture, hydroelectric energy, and logistics, with Latin America's agricultural sector absorbing up to 82% of damages during drought episodes.
(Castellanos, 2026)
Salazar Castellanos, D. (2026, abril 20). Fenómeno de El Niño: mapa de cultivos y países de América Latina que tendrían mayores riesgos en 2026. Bloomberg Línea. https://www.bloomberglinea.com/economia/fenomeno-de-el-nino-mapa-de-cultivos-y-paises-de-america-latina-que-tendrian-mayores-riesgos-en-2026/