“The favorite is whoever is not in power, not whoever is on the right,” Andrés Malamud, a senior research fellow at the Institute of Social Sciences of the University of Lisbon, told The Media Line as he explained the new political map in Latin America. For more stories from The Media Line go to themedialine.org Javier Milei’s victory in Argentina, José Antonio Kast’s rise in Chile, Abelardo De La Espriella’s win in Colombia, and Keiko Fujimori’s return to power in Peru may look like a conservative sweep, but Malamud said the numbers point to something more unstable: electorates turning against incumbents and punishing governments that failed to deliver on security, inflation, corruption, and basic order. “What is happening in Latin America in this decade is a shift toward the opposition more than a shift toward the right,” he said. That distinction matters more now that the right has gained ground across the region. Argentina opened the cycle in November 2023 with Milei, a libertarian outsider who turned anger at the political class into a presidency. Chile followed with Kast, who took office in March 2026 after a campaign centered on crime, immigration, and fiscal discipline. Colombia turned against Gustavo Petro and elected De La Espriella, a hardline right-wing political newcomer. Peru has returned the Fujimorismo movement to the presidency after years of instability and repeated failed bids by Fujimori. Argentina’s President Javier Milei waves walking to the Buenos Aires Cathedral to attend a Te Deum marking the 216th anniversary of the May Revolution that led to Argentina’s independence from Spain, in Buenos Aires on May 25, 2026. (credit: Luis Robayo/AFP via Getty Images) Still, the map has not turned all at once. Brazil and Mexico, Latin America’s two largest countries, remain under left-wing governments. Uruguay returned the Frente Amplio to power in 2024. In Brazil, Brazilian President Luiz Inácio Lula da Silva is still polling ahead of Senator Flávio Bolsonaro ahead of an October election that could either confirm the regional swing or expose its limits. That is why analysts are cautious about treating the moment as a confirmed ideological realignment. The right is winning more often, but not everywhere, and not always by much. What has spread faster than ideology is impatience. Malamud said the change is visible but should be measured carefully. In the first decade of this century, he said, left-wing candidates won roughly 60% of presidential races in Latin America. In the following decade, they won about 55%. In the current decade, that share has fallen to around 40%, meaning the right is now winning more often than before. But he said the stronger pattern is alternation. Opposition candidates, he said, now win about 75% of elections. “The right wins 60% in this decade, the oppositions win 75%,” he said. “That means the favorite is the one who is not in power.”
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“The favorite is whoever is not in power, not whoever is on the right,” Andrés Malamud, a senior research fellow at the Institute of Social Sciences of the University of Lisbon, told The Media Line as he explained the new political map in Latin America. For more stories from The Media Line go to themedialine.org Javier Milei’s victory in Argentina, José Antonio Kast’s rise in Chile, Abelardo De La Espriella’s win in Colombia, and Keiko Fujimori’s return to power in Peru may look like a conservative sweep, but Malamud said the numbers point to something more unstable: electorates turning against incumbents and punishing governments that failed to deliver on security, inflation, corruption, and basic order. “What is happening in Latin America in this decade is a shift toward the opposition more than a shift toward the right,” he said. That distinction matters more now that the right has gained ground across the region. Argentina opened the cycle in November 2023 with Milei, a libertarian outsider who turned anger at the political class into a presidency. Chile followed with Kast, who took office in March 2026 after a campaign centered on crime, immigration, and fiscal discipline. Colombia turned against Gustavo Petro and elected De La Espriella, a hardline right-wing political newcomer. Peru has returned the Fujimorismo movement to the presidency after years of instability and repeated failed bids by Fujimori. Argentina’s President Javier Milei waves walking to the Buenos Aires Cathedral to attend a Te Deum marking the 216th anniversary of the May Revolution that led to Argentina’s independence from Spain, in Buenos Aires on May 25, 2026. (credit: Luis Robayo/AFP via Getty Images) Still, the map has not turned all at once. Brazil and Mexico, Latin America’s two largest countries, remain under left-wing governments. Uruguay returned the Frente Amplio to power in 2024. In Brazil, Brazilian President Luiz Inácio Lula da Silva is still polling ahead of Senator Flávio Bolsonaro ahead of an October election that could either confirm the regional swing or expose its limits. That is why analysts are cautious about treating the moment as a confirmed ideological realignment. The right is winning more often, but not everywhere, and not always by much. What has spread faster than ideology is impatience. Malamud said the change is visible but should be measured carefully. In the first decade of this century, he said, left-wing candidates won roughly 60% of presidential races in Latin America. In the following decade, they won about 55%. In the current decade, that share has fallen to around 40%, meaning the right is now winning more often than before. But he said the stronger pattern is alternation. Opposition candidates, he said, now win about 75% of elections. “The right wins 60% in this decade, the oppositions win 75%,” he said. “That means the favorite is the one who is not in power.”
“The favorite is whoever is not in power, not whoever is on the right,” Andrés Malamud, a senior research fellow at the Institute of Social Sciences of the University of Lisbon, told The Media Line as he explained the new political map in Latin America. For more stories from The Media Line go to themedialine.org Javier Milei’s victory in Argentina, José Antonio Kast’s rise in Chile, Abelardo De La Espriella’s win in Colombia, and Keiko Fujimori’s return to power in Peru may look like a conservative sweep, but Malamud said the numbers point to something more unstable: electorates turning against incumbents and punishing governments that failed to deliver on security, inflation, corruption, and basic order. “What is happening in Latin America in this decade is a shift toward the opposition more than a shift toward the right,” he said. That distinction matters more now that the right has gained ground across the region. Argentina opened the cycle in November 2023 with Milei, a libertarian outsider who turned anger at the political class into a presidency. Chile followed with Kast, who took office in March 2026 after a campaign centered on crime, immigration, and fiscal discipline. Colombia turned against Gustavo Petro and elected De La Espriella, a hardline right-wing political newcomer. Peru has returned the Fujimorismo movement to the presidency after years of instability and repeated failed bids by Fujimori. Argentina’s President Javier Milei waves walking to the Buenos Aires Cathedral to attend a Te Deum marking the 216th anniversary of the May Revolution that led to Argentina’s independence from Spain, in Buenos Aires on May 25, 2026. (credit: Luis Robayo/AFP via Getty Images) Still, the map has not turned all at once. Brazil and Mexico, Latin America’s two largest countries, remain under left-wing governments. Uruguay returned the Frente Amplio to power in 2024. In Brazil, Brazilian President Luiz Inácio Lula da Silva is still polling ahead of Senator Flávio Bolsonaro ahead of an October election that could either confirm the regional swing or expose its limits. That is why analysts are cautious about treating the moment as a confirmed ideological realignment. The right is winning more often, but not everywhere, and not always by much. What has spread faster than ideology is impatience. Malamud said the change is visible but should be measured carefully. In the first decade of this century, he said, left-wing candidates won roughly 60% of presidential races in Latin America. In the following decade, they won about 55%. In the current decade, that share has fallen to around 40%, meaning the right is now winning more often than before. But he said the stronger pattern is alternation. Opposition candidates, he said, now win about 75% of elections. “The right wins 60% in this decade, the oppositions win 75%,” he said. “That means the favorite is the one who is not in power.”
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