In 2025, Brazil and Mexico were expected to be the countries with the largest gross domestic product (GDP) in Latin America and the Caribbean. In that year, Brazil's GDP could reach an estimated value of 2.3 trillion U.S. dollars, whereas Mexico's amounted to almost 1.8 trillion U.S. dollars. GDP is the total value of all goods and services produced in a country in a given year. It measures the economic strength of a country and a positive change indicates economic growth.

This dataset provides values for GDP reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

In 2025, Luxembourg was the country with the highest gross domestic product per capita in the world. Of the 20 listed countries, 13 are in Europe and five are in Asia, alongside the U.S. and Australia. There are no African or Latin American countries among the top 20. Correlation with high living standards While GDP is a useful indicator for measuring the size or strength of an economy, GDP per capita is much more reflective of living standards. For example, when compared to life expectancy or indices such as the Human Development Index or the World Happiness Report, there is a strong overlap - 14 of the 20 countries on this list are also ranked among the 20 happiest countries in 2024, and all 20 have "very high" HDIs. Misleading metrics? GDP per capita figures, however, can be misleading, and to paint a fuller picture of a country's living standards then one must look at multiple metrics. GDP per capita figures can be skewed by inequalities in wealth distribution, and in countries such as those in the Middle East, a relatively large share of the population lives in poverty while a smaller number live affluent lifestyles.

The average for 2025 based on 20 countries was 57 index points. The highest value was in Chile: 73 index points and the lowest value was in Cuba: 25 index points. The indicator is available from 1995 to 2025. Below is a chart for all countries where data are available.

In 2023, Puerto Rico and The Bahamas were the states with the highest gross domestic product (GDP) per capita in Latin America and the Caribbean. The average GDP generated per person in the Bahamas amounted to 34,749 U.S. dollars, whereas the average wealth created per capita in Puerto Rico was estimated at around 34,749 U.S. dollars. In that same year, this region's lowest GDP per capita was that of Haiti, at less than 1,693 U.S. dollars per person per year. The largest economies in Latin America GDP is the total value of all goods and services produced in a country in a year. It is an important indicator to measure the economic strength of a country and the average wealth of its population. By far, the two largest economies in the region are Brazil and Mexico, both registering GDPs three times bigger than the third place, Argentina. Nonetheless, they are the two most populated countries by a great margin.
Key economic indicators of Latin America Latin America emerges as an important region in the world economy, as of 2023, around 7.3 percent of the global GDP, a similar share to the Middle East. Nevertheless, the economic development of most of its countries has been heavily affected by other factors, such as corruption, inequality, inflation, or crime and violence. Countries such as Venezuela, Suriname, and Argentina are constantly ranking among the highest inflation rates in the world. While Jamaica, Ecuador, and Haiti rank as some of the most crime-ridden states.

The average for 2024 based on 19 countries was 19884 U.S. dollars. The highest value was in Puerto Rico: 44125 U.S. dollars and the lowest value was in Haiti: 2801 U.S. dollars. The indicator is available from 1990 to 2024. Below is a chart for all countries where data are available.

In Latin America Creator Economy Market is projected to grow from USD 38.5 billion in 2025 to USD 112.7 billion by 2031, at a CAGR of 19.7%

As of January 2025, Argentina had the highest Big Mac Index and Guatemala, the lowest, among the Latin American countries measured. The so-called Big Mac Index is regarded as an indicator for the purchasing power of an economy. In Guatemala, it was estimated that a Big Mac would cost an average of 4.01 U.S. dollars, while the average price for a Big Mac burger in Brazil amounted to approximately 4.03 U.S. dollars. How is the Big Mac Index calculated?The Bic Mac index has been published annually by The Economist since 1986 and is rated as a simplified indicator of a country’s individual purchasing power. As many countries have different currencies, the standardized Big Mac prices are calculated by converting the average national Big Mac prices with the latest exchange rate to U.S. dollars. The Big Mac, as the top-selling McDonald’s burger, is used for comparison because it is available in almost every country and manufactured in a standardized size, composition and quality.McDonald's in Latin AmericaMcDonald’s is a worldwide operating fast food restaurant chain with headquarters in Oak Brook, Illinois. In Latin America, McDonald's largest franchisee is Arcos Dorados Holdings, with headquarters in Montevideo, Uruguay. Brazil is the largest Latin American market for McDonald's when it comes to the size of the franchise network, as over 1,000 McDonald's restaurants are in operation in the Brazilian territory.

The average for 2025 based on 20 countries was 18.78 percent. The highest value was in Venezuela: 254.35 percent and the lowest value was in Panama: 0.7 percent. The indicator is available from 1980 to 2030. Below is a chart for all countries where data are available.

Guyana had the highest real gross domestic product (GDP) in the Americas in 2023, reaching ** percent. Panama followed behind with *** percent. On the other hand, the GDP of Haiti decreased by *** percent in 2023.

This dataset provides values for GOVERNMENT DEBT TO GDP reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

The average for 2025 based on 18 countries was 23.92 points. The highest value was in Chile: 33.1 points and the lowest value was in Venezuela: 13.7 points. The indicator is available from 2011 to 2025. Below is a chart for all countries where data are available.

The Latin American home mortgage finance market exhibits steady growth, projected to reach a market size of $XX million in 2025, with a Compound Annual Growth Rate (CAGR) of 3.00% from 2025 to 2033. This growth is fueled by several key factors. Increasing urbanization and a burgeoning middle class are driving demand for homeownership across the region. Government initiatives aimed at improving access to affordable housing, such as subsidized mortgages and reduced interest rates, further stimulate market expansion. Additionally, the development of more sophisticated financial products and improved lending practices by major players like Caixa Economica Federal, Banco do Brasil, Itaú, Bradesco, and Santander, contribute to market expansion. However, economic instability in certain Latin American countries, fluctuating interest rates, and regulatory hurdles remain significant challenges that could potentially hinder growth. The competitive landscape is dominated by established national and international banks, each vying for market share through competitive interest rates, diverse mortgage products, and enhanced digital services. Despite the presence of these major players, opportunities exist for smaller lenders and fintech companies to leverage technological advancements and target niche markets within the region. The market segmentation is diverse, reflecting varying housing costs and income levels across the countries within Latin America. Growth will likely be uneven across the region, with more stable economies experiencing higher growth rates than those facing political or economic uncertainty. Future growth will depend on macroeconomic stability, continued government support for homeownership, and the ability of financial institutions to adapt to the evolving needs of borrowers. Notable trends are: Increase in Economic Growth and GDP per capita.

The Latin American office real estate market, encompassing key nations like Brazil, Mexico, Colombia, and Chile, exhibits robust growth potential. Driven by expanding economies, increasing urbanization, and a burgeoning technology sector, the market is projected to maintain a Compound Annual Growth Rate (CAGR) exceeding 5.5% from 2025 to 2033. Significant investments in infrastructure and a rise in foreign direct investment further fuel this expansion. However, economic volatility in certain regions and potential regulatory hurdles pose challenges. The market segmentation reveals Brazil and Mexico as leading contributors to overall market size, benefiting from robust economic activity and substantial corporate presence. Colombia and Chile also contribute significantly, with a growth trajectory closely linked to their respective economic performance and attractiveness to international businesses. While precise market sizing for 2025 is unavailable, leveraging the provided CAGR and assuming a 2024 market size of approximately $100 billion USD (a plausible estimate considering the scale of the economies involved), the market size for 2025 can be estimated to be around $105.5 billion USD. This growth is expected to continue, with further expansion fueled by the increasing demand for modern and sustainable office spaces, particularly in major metropolitan areas. Competition among major players like CBRE Group, Cushman & Wakefield, and local firms such as OAS S.A. and Andrade Gutierrez S.A., is intensifying, leading to innovation in design, technology integration, and sustainable building practices. The market is also witnessing increased adoption of flexible workspaces and co-working models, catering to evolving corporate needs. This demand for flexible solutions is likely to drive further investment and growth in specific segments of the market. Long-term prospects remain positive, though careful consideration of macroeconomic factors and localized market conditions is crucial for successful investment and strategic planning. The forecast period from 2025 to 2033 presents lucrative opportunities, particularly for companies offering innovative and sustainable solutions tailored to the specific needs of different markets within Latin America. Recent developments include: June 2022: Patria Investments ('Patria'), a global alternative asset manager, acquired VBI Real Estate ('VBI'), one of the top independent alternative real estate asset managers in Brazil, with approximately USD 75 Million in assets under management across both development and core real estate vehicles. The transaction is structured in two stages, the first of which entails the acquisition of 50% of VBI by Patria. The second stage, when closed, will lead to full ownership and integration of VBI to Patria's platform, January 2022: Brazilian real estate group SYN Prop e Tech has enlisted US firm Paul Hastings LLP and local firm Mattos Filho, Veiga Filho, Marrey Jr e Quiroga Advogados to sell its stake in a portfolio of office buildings in São Paulo to Canadian asset management fund Brookfield for 1.8 billion reais (USD 318 million).. Notable trends are: Demand for Grade-A Offices, Co-working Offices to Rise.

Access South America Massive IoT Industry Overview which includes South America country analysis of (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America), market split by Offering, Connectivity, Application, Organization Size, Industry Vertical

The Gross Domestic Product (GDP) in South Korea was worth 1712.79 billion US dollars in 2023, according to official data from the World Bank. The GDP value of South Korea represents 1.62 percent of the world economy. This dataset provides - South Korea GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The average for 2025 based on 20 countries was 70 points. The highest value was in Peru: 82 points and the lowest value was in Venezuela: 42 points. The indicator is available from 1995 to 2025. Below is a chart for all countries where data are available.

The Latin American business jet market, valued at $0.64 billion in 2025, is projected to experience robust growth, driven by a compound annual growth rate (CAGR) of 15.66% from 2025 to 2033. This expansion is fueled by several key factors. Firstly, the burgeoning economies of several Latin American countries, particularly in Mexico and Brazil, are fostering increased demand for private aviation among high-net-worth individuals and corporations. These individuals and companies utilize business jets for efficient travel between major cities and for connecting with international markets. Secondly, the region is witnessing a rise in tourism and cross-border business activities, further stimulating demand for faster and more convenient air travel options. Improved infrastructure development at major airports across the region also contributes to this growth, facilitating smoother operations for business jets. Finally, the increasing preference for private jets due to greater comfort, flexibility, and enhanced safety measures compared to commercial flights adds to this positive growth trajectory. However, certain challenges could potentially restrain market growth. Economic instability in some parts of the region might hinder investment in private aviation. Furthermore, regulatory hurdles and stringent safety standards could impact the operational efficiency and overall cost of business jet operations. Nevertheless, the positive economic outlook and the increasing affluence of the region's upper class are expected to outweigh these challenges, resulting in sustained growth in the Latin American business jet market over the forecast period. Key players like Textron Inc, Dassault Aviation, and Embraer SA will likely continue to play a significant role in shaping the market dynamics through technological advancements and strategic partnerships. The Brazilian market will likely remain a significant contributor to the region's overall growth, given its substantial size and economic influence. This report provides a comprehensive analysis of the Latin America Business Jet Industry, covering the period from 2019 to 2033. It delves into market size, growth forecasts, and key trends, providing invaluable insights for businesses operating within and seeking to enter this dynamic sector. With a focus on crucial market segments and leading players, this report is a must-have resource for strategic decision-making. Key drivers for this market are: Increase in Internet of Things (IoT) and Autonomous Systems, Rise in Demand for Military and Defense Satellite Communication Solutions. Potential restraints include: Cybersecurity Threats to Satellite Communication, Interference in Transmission of Data. Notable trends are: The Light Jet Segment Will Showcase Remarkable Growth During the Forecast Period.

Latin America market held more than 5% of the global revenue with a market size of USD 0.33 billion in 2023 and will grow at a compound annual growth rate (CAGR) of 7.0% from 2023 to 2030.

The average for 2025 based on 20 countries was 50 points. The highest value was in Mexico: 75 points and the lowest value was in Venezuela: 0 points. The indicator is available from 1995 to 2025. Below is a chart for all countries where data are available.