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.

The average for 2023 based on 11 countries was 11093.98 U.S. dollars. The highest value was in Uruguay: 22797.81 U.S. dollars and the lowest value was in Bolivia: 3686.28 U.S. dollars. The indicator is available from 1960 to 2023. Below is a chart for all countries where data are available.

Brazil, the most populated country and the economy with the highest GDP in Latin America, had the largest market research revenue in the region in 2022. Out of all the Latin American and Caribbean countries included in the study, Brazil ranked first, with a market research revenue of *** million U.S. dollars, followed by Mexico, with *** million U.S. dollars.

As of 2024, three out of ten Latin American and Caribbean cities with the highest local purchasing power were located in Mexico. With an index score of 51.3, people in Querétaro had the highest domestic purchasing power in Mexico. In South America, the city with the highest domestic purchasing power for 2024 was Montevideo, scoring 53 index points.

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.

This horizontal bar chart displays GDP (current US$) by ISO 2 country code using the aggregation sum in South America. The data is filtered where the date is 2023. The data is about countries per year.

In 2023, the construction industry in Mexico was the largest in Latin America and the Caribbean, amounting to over *** billion U.S. dollars. Brazil came in second, followed by Argentina, Chile, and Peru. The most populated countries in Latin America were the ones with the largest construction GDP figures.

This horizontal bar chart displays health expenditure (% of GDP) by country using the aggregation average, weighted by gdp in South America. The data is about countries.

The average for 2022 based on 5 countries was 254.46 billion U.S. dollars. The highest value was in Brazil: 794.42 billion U.S. dollars and the lowest value was in Argentina: 52.95 billion U.S. dollars. The indicator is available from 1975 to 2022. Below is a chart for all countries where data are available.

In 2023, Puerto Rico was the territory in Latin America and the Caribbean with the highest share of value added by the manufacturing industry to the gross domestic product (GDP). Around 45 percent of the total value added to Puerto Rico's GDP was generated by this sector. If values for 2022 are also considered, Suriname ranked second, with a share that amounted to 29 percent.

This horizontal bar chart displays vulnerable employment (% of total employment) by countries using the aggregation average, weighted by population in South America. The data is about countries.

This horizontal bar chart displays health expenditure (% of GDP) by democracy type using the aggregation average, weighted by gdp in South America. The data is about countries.

Hong Kong GDP: ES: GOV: Central & South America data was reported at 16.000 HKD mn in 2014. This records an increase from the previous number of 13.000 HKD mn for 2013. Hong Kong GDP: ES: GOV: Central & South America data is updated yearly, averaging 11.000 HKD mn from Dec 2009 (Median) to 2014, with 6 observations. The data reached an all-time high of 16.000 HKD mn in 2014 and a record low of 8.000 HKD mn in 2009. Hong Kong GDP: ES: GOV: Central & South America data remains active status in CEIC and is reported by Census and Statistics Department. The data is categorized under Global Database’s Hong Kong SAR – Table HK.A172: SNA 2008: GDP: Trade in Services: MSITS 2010: Current Price: by Major Service Component and Region (Annual).

The Latin American travel market, valued at $52.18 billion in 2025, is experiencing robust growth, projected to expand at a Compound Annual Growth Rate (CAGR) of 5.41% from 2025 to 2033. This growth is fueled by several key drivers. The rising middle class across various Latin American nations is a significant factor, with increased disposable income leading to greater spending on leisure and travel. Furthermore, improved infrastructure, including enhanced airport facilities and transportation networks in key tourist destinations like Mexico, Brazil, and Peru, is facilitating easier and more convenient travel. Government initiatives promoting tourism, such as visa relaxations and marketing campaigns highlighting cultural heritage and natural attractions, are also contributing to the market's expansion. Emerging trends include a growing preference for sustainable and eco-friendly tourism, a surge in adventure tourism activities catering to millennial and Gen Z travelers seeking unique experiences, and the increasing popularity of experiential travel focusing on immersive cultural interactions. However, the market faces certain restraints. Political instability in some regions, fluctuating exchange rates impacting travel costs, and concerns about safety and security in certain areas can deter potential tourists. The segment breakdown reveals a dynamic landscape: international tourism contributes significantly, driven by global interest in Latin America's diverse offerings, while domestic tourism is also expanding rapidly, fueled by rising local travel preferences. Purpose-based travel segments are diverse, ranging from the growing appeal of adventure tourism to the sustained demand for business travel and conferences, alongside significant family and friend visits. Key players in this market, including international hotel chains like Marriott and Hilton, alongside regional and specialized agencies such as Tangol SRL and Condor Travel, are actively competing to cater to these diverse segments. The competitive landscape is characterized by a mix of large multinational corporations and smaller, specialized travel agencies focusing on niche markets. International hotel chains leverage their global brand recognition and established infrastructure to dominate the accommodation sector. However, smaller, local agencies often possess a deeper understanding of the local culture and can offer more personalized and authentic experiences, attracting a distinct segment of travelers. The market's regional variations are significant, with Brazil and Mexico consistently ranking as the largest markets, attracting a substantial share of both domestic and international tourists. Other countries like Peru, Argentina, and Colombia are also experiencing considerable growth, benefiting from their unique cultural and natural attractions. Future growth will likely be influenced by factors such as economic conditions in both Latin America and key source markets globally, ongoing infrastructure development, and the effectiveness of government tourism policies in addressing challenges like safety and sustainability. The market's success hinges on effectively managing these challenges while capitalizing on the growing demand for unique and authentic travel experiences. The continued expansion of digital platforms and online booking services will also play a crucial role in shaping the future of this dynamic market. This report provides an in-depth analysis of the Latin America travel market, encompassing market size, segmentation, key trends, leading players, and future growth prospects. The market is valued in the billions, with significant opportunities for growth driven by both international and domestic tourism. Recent developments include: In January 2024, Trip.com Group and LATAM Airlines signed a new NDC agreement. Both companies have reached an agreement to give international travellers a contemporary and effective ticketing experience., In January 2023, UNWTO and the Development Bank of Latin America (CAF) have established a new partnership to encourage and maintain investment in tourism throughout Latin America and the Caribbean regions. As part of the collaboration, investment guides for tourism are being created for five nations, Uruguay, Barbados, Ecuador, El Salvador, and Panama.. Key drivers for this market are: Internet Penetration is Driving the Market. Potential restraints include: Government Regulations are Restraining the Market. Notable trends are: Rising Tourism Industry Investment affecting Latin America Travel and Tourism Industry..

The Latin American cloud computing market is experiencing robust growth, projected to reach a substantial market size. Driven by increasing digital transformation initiatives across various sectors, including BFSI, healthcare, and retail, the market is expected to maintain a Compound Annual Growth Rate (CAGR) of 15.45% from 2025 to 2033. This expansion is fueled by several key factors. The rising adoption of cloud-based solutions by Small and Medium Enterprises (SMEs) and large enterprises alike is a significant contributor. SMEs are increasingly leveraging cloud services for cost-effectiveness and scalability, while large enterprises are embracing cloud infrastructure to enhance operational efficiency and agility. Furthermore, government initiatives promoting digitalization across Latin America are fostering a favorable environment for cloud adoption. The increasing availability of high-speed internet infrastructure and the growing awareness of cloud security measures further contribute to market growth. The market is segmented by deployment model (public, private, hybrid), organization size (SMEs, large enterprises), and industry vertical, reflecting the diverse applications of cloud computing across various sectors. Brazil, Mexico, and other major economies within the region are witnessing the strongest growth, showcasing the vast potential of the market. The competitive landscape is characterized by a mix of global technology giants and regional players. Companies like Microsoft, Amazon Web Services (AWS), Google Cloud, and IBM are actively investing in the region, expanding their data centers and offering tailored solutions to meet the specific needs of Latin American businesses. However, challenges such as limited digital literacy in certain areas and concerns about data sovereignty and security remain. Despite these obstacles, the long-term growth outlook for the Latin American cloud computing market remains extremely positive, driven by the continuous expansion of internet penetration, the rising demand for digital services, and ongoing technological advancements. The focus on cloud-native applications and the increasing adoption of AI and Machine Learning further propel market growth. The market's dynamic nature, characterized by technological innovation and a growing base of cloud users, promises significant opportunities for businesses operating in this space. Recent developments include: March 2024: Sangfor Technologies, a global player in cybersecurity and cloud computing solutions, announced its expansion into Brazil and Colombia. This move underscores Sangfor's dedication to global growth and the provision of advanced technology solutions. By setting up local teams and forging partnerships, Sangfor Technologies is strategically positioned to replicate its success in Brazil and Colombia. In Brazil, the company has teamed up with a prominent local distributor, ensuring that its advanced cybersecurity and cloud computing solutions are readily available to local enterprises., January 2024: GFT Technologies SE, through its wholly-owned subsidiary GFT Technologies SA, entered into an agreement to acquire all shares of Sophos Solutions SAS, headquartered in Bogotá, Colombia. Sophos stands out as a prominent partner for the digital transformation of major financial institutions across North and South America, especially in Colombia. The firm is adept at modernizing core banking systems and cloud computing and boasts a workforce of over 1,700 employees. By acquiring Sophos, GFT is bolstering its international footprint by establishing a new development center and enhancing its access to Tier 1 and Tier 2 financial institutions throughout Latin America.. Key drivers for this market are: Latin America’s Government Supportive Policies on Cloud Computing, Rising Enterprise Demand for Cloud Services. Potential restraints include: Latin America’s Government Supportive Policies on Cloud Computing, Rising Enterprise Demand for Cloud Services. Notable trends are: Large Enterprises Are Expected to Hold a Significant Market Share.

The South America ETF market, valued at $9.24 billion in 2025, exhibits robust growth potential, projected to expand at a Compound Annual Growth Rate (CAGR) exceeding 5.00% from 2025 to 2033. This growth is fueled by increasing investor interest in emerging markets, particularly South America, driven by factors such as economic diversification, rising middle classes in key countries like Brazil and Colombia, and the region's abundant natural resources. Furthermore, the increasing availability of sophisticated investment vehicles like ETFs makes accessing these markets more accessible to a broader range of investors. Competition among major players like Banco do Brasil, iShares, Itaú Asset Management, and others, further stimulates innovation and product development within the sector, broadening the appeal of South American ETFs. While potential macroeconomic headwinds and geopolitical instability within the region pose challenges, the long-term growth prospects remain positive, supported by consistent economic development in several South American nations. The sustained growth trajectory is underpinned by several key trends. The rising adoption of passive investment strategies globally favors ETF growth. Moreover, regulatory developments aimed at simplifying investments and improving market transparency within South America contribute positively. Though potential economic volatility and currency fluctuations remain risks, the diversification benefits offered by South America ETFs continue to attract investors seeking higher returns, thereby mitigating these risks. The expanding range of ETFs focusing on specific South American sectors (e.g., commodities, technology, financials) further caters to diverse investor preferences, driving market expansion. The market's relatively high concentration among major players indicates potential opportunities for smaller firms to gain market share through niche product offerings and strategic partnerships. Key drivers for this market are: Increased Transparency and the Ability to Trade Throughout the Day, Increased Demand for Low-Cost and Diversified Investment Options. Potential restraints include: Increased Transparency and the Ability to Trade Throughout the Day, Increased Demand for Low-Cost and Diversified Investment Options. Notable trends are: Increase in Number of ETFs.

Hong Kong GDP: ES: Central & South America data was reported at 9,587.000 HKD mn in 2016. This records an increase from the previous number of 9,399.000 HKD mn for 2015. Hong Kong GDP: ES: Central & South America data is updated yearly, averaging 8,876.500 HKD mn from Dec 2009 (Median) to 2016, with 8 observations. The data reached an all-time high of 9,953.000 HKD mn in 2012 and a record low of 5,694.000 HKD mn in 2009. Hong Kong GDP: ES: Central & South America data remains active status in CEIC and is reported by Census and Statistics Department. The data is categorized under Global Database’s Hong Kong SAR – Table HK.A172: SNA 2008: GDP: Trade in Services: MSITS 2010: Current Price: by Major Service Component and Region (Annual).

Graph and download economic data for Nasdaq Latin America Consumer Staples Large Mid Cap TR Index (NASDAQNQLA45LMT) from 2020-09-22 to 2025-08-08 about mid cap, Latin America, NASDAQ, market cap, large, consumer, and indexes.

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