The 2022 edition of Preliminary Overview of the Economies of Latin America and the Caribbean examines the behavior of the region’s economies over the current year and updates estimates for growth and other economic indicators that reflect the impact of the COVID-19 crisis on the region’s countries along with their subsequent recovery. Specifically, this annual report presents new Gross Domestic Product (GDP) estimates for the region and all of its countries in 2022 as well as projections for 2023. The document analyzes the economic and social dynamics of the year that is about to end and discusses the policy risks and challenges that the region will face in 2023 for fostering a transformative recovery.