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Latin America Ad Spending 2025

Double-Digit Digital Growth Endures Despite Mounting Economic Uncertainty

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About This Report
Latin America’s ad market will surpass $40 billion this year as it continues to defy economic uncertainty. Rebounds in Argentina and Chile, along with double-digit growth in retail and social media spending, will fuel momentum. Here are the latest trends you need to know.
Table of Contents

Latin America’s ad market will continue its upward trajectory despite mounting economic headwinds in key markets. Rebounds in Argentina and Chile will buoy regional momentum, offsetting slower growth in Mexico due to trade tensions with the US. Meanwhile, rising investment in digital formats like social and retail media will propel total spending past $40 billion.

Key Question: Which countries, formats, and channels will fuel ad spending growth in Latin America?

Key Stat: Digital will account for nearly two-thirds of total media spending in Latin America by 2029—up from 56.6% this year—driven by sustained double-digit growth in retail media, social media, and digital video.

This report can help you:

  • Determine market sizing (brands, media platforms, agencies, and solution providers)
  • Develop a media strategy (brands, agencies)
  • Allocate budget for campaigns (brands, agencies)

Here’s what’s in the full report

1file

Exportable files for easy reading, analysis and sharing.

11charts

Reliable data in simple displays for presentations and quick decision making.

Table of Contents

  1. Executive Summary
  2. Economic divergence and US trade tensions will define Latin America’s ad market this year
  3. Three important findings from our forecast
  1. Recommendations for advertisers
  2. Behind the Numbers
  3. Listen Next
  1. Sources
  2. Media Gallery

authors

Matteo Ceurvels

Contributors

Paul Briggs
Principal Analyst
Suzy Davidkhanian
VP, Content
Vladimir de Leon
Chart Editor
Diego Dell’Orco
Donte Gibson
Senior Charts Editor
Kyndall Krist
Senior Copy Editor
Wendy Malloy
Director, Reports Editor
Oscar Orozco
Senior Director, Forecasting
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