The source forecast that, in 2024, TV – including connected TV (CTV) – advertising spending in Latin America will grow by little more than five percent, following an increase of nearly seven percent a year earlier. Brazil, Mexico, and Argentina were Latin America's leading ad markets by ad expenditure.
Annual change in TV advertising spending in Latin America in 2023 and 2024
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GroupM. (December 4, 2023). Annual change in TV advertising spending in Latin America in 2023 and 2024 [Graph]. In Statista. Retrieved December 30, 2024, from https://www.statista.com/statistics/1441271/annual-change-tv-ad-spend-latin-america/
GroupM. "Annual change in TV advertising spending in Latin America in 2023 and 2024." Chart. December 4, 2023. Statista. Accessed December 30, 2024. https://www.statista.com/statistics/1441271/annual-change-tv-ad-spend-latin-america/
GroupM. (2023). Annual change in TV advertising spending in Latin America in 2023 and 2024. Statista. Statista Inc.. Accessed: December 30, 2024. https://www.statista.com/statistics/1441271/annual-change-tv-ad-spend-latin-america/
GroupM. "Annual Change in Tv Advertising Spending in Latin America in 2023 and 2024." Statista, Statista Inc., 4 Dec 2023, https://www.statista.com/statistics/1441271/annual-change-tv-ad-spend-latin-america/
GroupM, Annual change in TV advertising spending in Latin America in 2023 and 2024 Statista, https://www.statista.com/statistics/1441271/annual-change-tv-ad-spend-latin-america/ (last visited December 30, 2024)
Annual change in TV advertising spending in Latin America in 2023 and 2024 [Graph], GroupM, December 4, 2023. [Online]. Available: https://www.statista.com/statistics/1441271/annual-change-tv-ad-spend-latin-america/