In 2024, 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 2.4 trillion U.S. dollars, whereas Mexico's amounted to almost two 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!S reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

Latin America & Caribbean gdp growth rate for 2023 was 2.09%, a 1.88% decline from 2022.

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<li>Latin America & Caribbean gdp growth rate for 2022 was <strong>3.96%</strong>, a <strong>3.09% decline</strong> from 2021.</li>
<li>Latin America & Caribbean gdp growth rate for 2021 was <strong>7.05%</strong>, a <strong>13.64% increase</strong> from 2020.</li>
<li>Latin America & Caribbean gdp growth rate for 2020 was <strong>-6.59%</strong>, a <strong>7.28% decline</strong> from 2019.</li>
</ul>Annual percentage growth rate of GDP at market prices based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources.

It was estimated that the external debt service paid by in Latin American and Caribbean countries would represent 9.65 percent of the region's total gross domestic product (GDP) by 2025. This would be the lowest share registered since 2014, when it stood at 9.58 percent.

Latin America & Caribbean trade to gdp ratio for 2023 was 48.75%, a 8.58% decline from 2022.

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<li>Latin America & Caribbean trade to gdp ratio for 2022 was <strong>57.33%</strong>, a <strong>3.46% increase</strong> from 2021.</li>
<li>Latin America & Caribbean trade to gdp ratio for 2021 was <strong>53.87%</strong>, a <strong>6.86% increase</strong> from 2020.</li>
<li>Latin America & Caribbean trade to gdp ratio for 2020 was <strong>47.02%</strong>, a <strong>0.36% decline</strong> from 2019.</li>
</ul>Trade is the sum of exports and imports of goods and services measured as a share of gross domestic product.

GDP per capita (constant 2015 US$) in Latin America & Caribbean was reported at 8861 USD in 2022, according to the World Bank collection of development indicators, compiled from officially recognized sources. Latin America & Caribbean - GDP per capita (constant 2000 US$) - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.

This statistic shows gross domestic product (GDP) of Latin America and the Caribbean from 2020 to 2030 in billion U.S. dollars. In 2024, Latin America and the Caribbean's GDP amounted to about 6.76 trillion U.S. dollars.

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

gdp growth rate for 2023 was 2.15%, a 1.73% decline from 2022.

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<li> gdp growth rate for 2022 was <strong>3.88%</strong>, a <strong>2.94% decline</strong> from 2021.</li>
<li> gdp growth rate for 2021 was <strong>6.81%</strong>, a <strong>13.36% increase</strong> from 2020.</li>
<li> gdp growth rate for 2020 was <strong>-6.54%</strong>, a <strong>7.21% decline</strong> from 2019.</li>
</ul>Annual percentage growth rate of GDP at market prices based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources.

GDP per capita (constant 2015 US$) in Latin America & Caribbean (excluding high income) was reported at 8350 USD in 2022, according to the World Bank collection of development indicators, compiled from officially recognized sources. Latin America & Caribbean (excluding high income) - GDP per capita (constant 2000 US$) - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.

GDP per capita for 2023 was $10,440, a 11.19% increase from 2022.

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<li> GDP per capita for 2022 was <strong>$9,389</strong>, a <strong>13.06% increase</strong> from 2021.</li>
<li> GDP per capita for 2021 was <strong>$8,304</strong>, a <strong>15.6% increase</strong> from 2020.</li>
<li> GDP per capita for 2020 was <strong>$7,184</strong>, a <strong>16.44% decline</strong> from 2019.</li>
</ul>GDP per capita is gross domestic product divided by midyear population. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars.

In 2025, the United States had the largest economy in the world, with a gross domestic product of over 30 trillion U.S. dollars. China had the second largest economy, at around 19.23 trillion U.S. dollars. Recent adjustments in the list have seen Germany's economy overtake Japan's to become the third-largest in the world in 2023, while Brazil's economy moved ahead of Russia's in 2024. Global gross domestic product Global gross domestic product amounts to almost 110 trillion U.S. dollars, with the United States making up more than one-quarter of this figure alone. The 12 largest economies in the world include all Group of Seven (G7) economies, as well as the four largest BRICS economies. The U.S. has consistently had the world's largest economy since the interwar period, and while previous reports estimated it would be overtaken by China in the 2020s, more recent projections estimate the U.S. economy will remain the largest by a considerable margin going into the 2030s.The gross domestic product of a country is calculated by taking spending and trade into account, to show how much the country can produce in a certain amount of time, usually per year. It represents the value of all goods and services produced during that year. Those countries considered to have emerging or developing economies account for almost 60 percent of global gross domestic product, while advanced economies make up over 40 percent.

GDP for 2023 was 6.051 trillion US dollars, a 12.27% increase from 2022.

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<li> GDP for 2022 was <strong>5.390 trillion US dollars</strong>, a <strong>14.9% increase</strong> from 2021.</li>
<li> GDP for 2021 was <strong>4.691 trillion US dollars</strong>, a <strong>15.91% increase</strong> from 2020.</li>
<li> GDP for 2020 was <strong>4.047 trillion US dollars</strong>, a <strong>15.77% decline</strong> from 2019.</li>
</ul>GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.

economic growth for 2023 was 6.773 trillion US dollars, a 12.03% increase from 2022.

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<li> economic growth for 2022 was <strong>6.045 trillion US dollars</strong>, a <strong>13.84% increase</strong> from 2021.</li>
<li> economic growth for 2021 was <strong>5.310 trillion US dollars</strong>, a <strong>16.42% increase</strong> from 2020.</li>
<li> economic growth for 2020 was <strong>4.561 trillion US dollars</strong>, a <strong>15.75% decline</strong> from 2019.</li>
</ul>GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.

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.

As shown in this statistic, the gross domestic product (GDP) in current prices in Costa Rica amounts to approximately 102.59 billion U.S. dollars in 2025.Fluctuating rise between 1980 and 2025Compared to the earliest depicted observation from 1980 there is a total increase by approximately 97.74 billion U.S. dollars. Looking at the trajectory between 1980 and 2025, one can observe that this increase however did not happen continuously.Continuous rise between 2025 and 2030In 2030 the GDP will lie at about 137.04 billion U.S. dollars, according to forecasts. From 2025 onwards, there is an overall increase by approximately 34.45 billion U.S. dollars. This growth reflects a steady upward trend.This indicator describes the gross domestic product at current prices. The values are based upon the GDP in national currency converted to U.S. dollars using market exchange rates (yearly average). The GDP represents the total value of final goods and services produced during a year.

In 2025, the gross domestic product (GDP) at current prices of Panama amounts to approximately 91.68 billion U.S. dollars.Fluctuating rise between 1980 and 2025Between 1980 and 2025 a total increase by approximately 87.43 billion U.S. dollars can be observed. This increase however did not happen continuously.Continuous rise between 2025 and 2030The GDP will amount to about 123.15 billion U.S. dollars in 2030, according to forecasts. From 2025 onwards, there is an overall increase by approximately 31.47 billion U.S. dollars. This growth reflects a steady upward trend.

The here depicted gross domestic product (GDP) in current prices in Chile is approximately 343.82 billion U.S. dollars in 2025.Fluctuating rise between 1980 and 2025A comparison to the earliest shown observation from 1980 reveals a total increase by approximately 314.79 billion U.S. dollars. The trajectory from 1980 to 2025 shows however that this increase did not happen continuously.Continuous rise between 2025 and 2030The GDP will stand at about 422.79 billion U.S. dollars in 2030, according to forecasts. From 2025 onwards, there is an overall increase by approximately 78.97 billion U.S. dollars. This growth reflects a steady upward trend.This indicator describes the gross domestic product at current prices. The values are based upon the GDP in national currency converted to U.S. dollars using market exchange rates (yearly average). The GDP represents the total value of final goods and services produced during a year.

As shown in this statistic, the gross domestic product (GDP) in current prices in Puerto Rico is approximately 122.52 billion U.S. dollars in 2025.Fluctuating rise between 1980 and 2025A comparison to the earliest shown observation from 1980 reveals a total increase by approximately 108.08 billion U.S. dollars. The trajectory from 1980 to 2025 shows however that this increase did not happen continuously.Continuous rise between 2025 and 2030The GDP will be around 137.98 billion U.S. dollars in 2030, according to forecasts. There is an overall increase by approximately 15.46 billion U.S. dollars since 2025. This growth reflects a steady upward trend.This indicator describes the gross domestic product at current prices. The values are based upon the GDP in national currency converted to U.S. dollars using market exchange rates (yearly average). The GDP represents the total value of final goods and services produced during a year.

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.