Brazil.
This is a list of Latin American and the Caribbean countries by gross domestic product (nominal) in USD according to the International Monetary Fund’s estimates in the October 2020 World Economic Outlook database.
Ranking.
| Rank | 1 |
|---|---|
| Country | Brazil |
| GDP (millions of US$) | 1,363,767 |
| GDP per capita 2021 (US$) | 7,010 |
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Contents
Which Central American country has the highest GDP?
Guatemala
Guatemala has the highest gross domestic product in Central America, followed by Panama, Costa Rica and El Salvador.
Which 7 Latin American countries have the highest GDP?
Brazil and Mexico were the countries with the largest gross domestic product (GDP) in Latin America and the Caribbean in 2020.
| Characteristic | GDP in billion U.S. dollars |
|---|---|
| Brazil | 1,434.08 |
| Mexico | 1,076.16 |
| Argentina | 388.28 |
| Colombia | 271.46 |
What are the poorest countries in Central America?
Nicaragua and El Salvador both have 47% of their rural population living in poverty. Panama has 37% and Costa Rica has 23% of rural poverty rates. Indigenous populations have the highest rates of poverty in Central America. They also have the lowest income and lack access to much-needed services.
What is the most developed country in Central America?
However, Costa Rica is considered to be the most “developed” of the Central American countries because it has a relatively high GDP per capita and has the best indicators of the Central American countries for life expectancy at birth, infant mortality rate, and adult literacy rate.
Which Latin country is the richest?
Brazil
List of Latin American and Caribbean countries by GDP (PPP)
| Rank | Nation | GDP (PPP) per capita (Intl$) |
|---|---|---|
| 1 | Brazil | 15,642 |
| 2 | Mexico | 20,942 |
| 3 | Argentina | 21,963 |
| 4 | Colombia | 15,184 |
Which Latin American country has lowest GDP?
Latin America & Caribbean: GDP per capita 2020, by country
In that same year, this region’s lowest GDP per capita was that of Haiti, at less than 1,180 U.S. dollars per person per year. GDP is the total value of all goods and services produced in a country in a year.
What is the richest city in Latin America?
10 Richest Cities in Latin America
- Rio de Janeiro, Brazil.
- Buenos Aires, Argentina.
- Santiago de Chile, Chile.
- Bogota, Colombia.
- Guayaquil, Ecuador.
- Lima, Peru.
- Montevideo, Uruguay.
- Brasilia, Brazil. Brazil’s government is located in Brasilia, and it’s one of the country’s financial centers.
What is the richest country in Latin America 2021?
Colombia ($282.46 Bn) Chile ($247.05 Bn) Peru ($192.21 Bn) Puerto Rico ($105.03 Bn)
Richest Countries in South America 2021.
| Country | Peru |
|---|---|
| GDP (IMF ’19) | $232.08 Bn |
| GDP (UN ’16) | $192.21 Bn |
| Per Capita | $5,762 |
What is the largest economy in the Middle East?
Turkey
Turkey is the largest economy in the Middle East followed by Iran, Saudi Arabia and UAE.
What’s the safest country in Central America?
Costa Rica
Costa Rica is consistently rated as the safest country in all of Central America and the Caribbean – an awesome piece of news for anyone looking for a tropical paradise to escape to.
Is Mexico richer than Guatemala?
make 2.4 times more money. Guatemala has a GDP per capita of $8,200 as of 2017, while in Mexico, the GDP per capita is $19,900 as of 2017.
What is the best country in Central America?
Best countries to visit in Central America
- Costa Rica. Costa Rica is one of the top destinations in Central America, thanks to its rich biodiversity and ecotourism options.
- Panama. Panama is one of the countries in Central America that relies heavily on tourism.
- Belize.
- Guatemala.
- Nicaragua.
- El Salvador.
- Honduras.
Which country in Latin America has the best economy?
Uruguay
Uruguay was the South American country with the highest average income per capita, with over 15.8 thousand U.S. dollars per person per year. Chile ranked second, registering a gross national income of around 13.5 thousand U.S. dollars per person, based on current prices.
Which country in Latin America is the most developed?
Chile
Chile is the most developed country in South America. In 2010, Chile joined the OECD. Their GDP, quality of life, infant mortality rate, life expectancy, and HDI are enough for most economists to classify the country as developed.
Who has the strongest military in Central America?
In 2021,Venezuela led the ranking of countries with the largest number of active military personnel in Latin America and the Caribbean, with 345,000 soldiers.
Which country is richer Mexico or Colombia?
Colombia has a GDP per capita of $14,400 as of 2017, while in Mexico, the GDP per capita is $19,900 as of 2017.
What is the richest Caribbean country?
The very richest island in the Caribbean? With a GDP per capita income of 33, 516, it’s the Bahamas. This stable, developing nation is not only the richest country in the West Indies, but it also has the 14th highest nominal GDP in North America.
Is Brazil or Mexico richer country?
Take GDP per capita: as of a few years ago, Brazil has been richer than Mexico. But if you account for purchasing power (that is, the amount of stuff people can buy in their country with the money they earn), Mexico jumps ahead.Similarly, Mexico beats Brazil on the first measure, but falls behind on the second.
Why is Chile the richest country in South America?
1. Chile – Income (Per Capita): $27,058. The long narrow stretch of land between the Pacific Ocean and the Andes mountain range that makes up the South American country of Chile is the richest on the continent.
What is the poorest Spanish speaking country?
The Poorest Countries In South America
- Venezuela – $3,374. Venezuela is the poorest country in South America, with a per capita GDP of only $3,374.
- Bolivia – $3,683. Bolivia is the second poorest country in South America in terms of GDP per capita.
- Guyana – $4,689.
- Suriname – $5,799.
- Ecuador – $6,315.
