February 2020 Extension: Latin American countries

The classification has now been extended to (southern, central and northern) Latin America, covering 20 countries of which six were previously included as emerging economies: Argentina, Brazil, Chile, Mexico, Peru and Venezuela. At a later date a number of Caribbean countries will also be covered, so this will become a full Latin American and Caribbean grouping. A few small changes have been made to the text, but not the classification, for Venezuela.