Table of Contents
Quick Answer
- LATAM AI market: $8.4B in 2027 (IDC Latin America)
- AI contribution to LATAM GDP: 0.9% (IDB)
- LATAM AI startups: 1,680 (LAVCA)
- Brazil leads: 48% of regional AI market (IDC)
- Regional AI VC (2026): $2.1B (LAVCA)
Key LATAM AI Statistics
Brazil's PBIA (Plano Brasileiro de IA) committed R$23B (~$4.6B) through 2028. Mexico, Argentina, Chile and Colombia have national AI strategies. IDB's 2027 report projects AI could add 5.4% to LATAM GDP by 2035 if adoption accelerates.
Market Data
Metric
2027 Value
Source
LATAM AI market
$8.4B
IDC LATAM
Brazil AI market
$4.0B
IDC Brasil
Mexico AI market
$1.8B
IDC Mexico
AI startups
1,680
LAVCA
AI unicorns
7
Endeavor
VC 2026
$2.1B
LAVCA
Brazil PBIA
$4.6B (2024–28)
MCTI
AI patents (2026)
1,840
WIPO
AI researchers
18,400
IDB
Government AI programs
42
OECD AI Observatory
Country Breakdown
Country
AI Market
Startups
Brazil
$4.0B
812
Mexico
$1.8B
318
Argentina
$680M
186
Chile
$540M
142
Colombia
$480M
114
Sector Adoption
- Banking AI (region): 68% (Febraban for Brazil)
- Agriculture AI pilots: 24% (Embrapa)
- Government AI projects: 42 active (OECD)
Sources
- IDC Latin America — AI Market 2027
- IDB — AI & Productivity LATAM 2027
- CEPAL — Digital Agenda LATAM 2027
- LAVCA — Venture Capital LATAM 2027
- MCTI Brazil — PBIA Progress 2027
- Endeavor — LATAM Unicorns 2027
- OECD AI Observatory 2027
- WIPO — Patents 2026
- Febraban — Banking Technology 2027
- Embrapa — AgriTech 2027
FAQs
How big is LATAM AI in 2027?
$8.4B per IDC.
Which LATAM country leads AI?
Brazil — 48% of regional market, 812 startups.
What's Brazil's PBIA?
National AI plan with $4.6B committed 2024–2028.
How many LATAM AI unicorns?
7 per Endeavor, led by Nubank's AI-heavy operations and NotCo.
Is LATAM AI growing fast?
Yes — IDC projects 28% CAGR 2027–2030.
Conclusion
LATAM AI in 2027 is still emerging but accelerating. More at misar.blog↗.