Guyana was the South American country 20360the highest gross national income per capita, with 20,360 U.S. dollars per person in 2023. Uruguay ranked second, registering a GNI of 19,530 U.S. dollars per person, based on current prices. Gross national income (GNI) is the aggregated sum of the value added by residents in an economy, plus net taxes (minus subsidies) and net receipts of primary income from abroad. Which are the largest Latin American economies? Based on annual gross domestic product, which is the total amount of goods and services produced in a country per year, Brazil leads the regional ranking, followed by Mexico, Argentina, and Chile. Many Caribbean countries and territories hold the highest GDP per capita in this region, measurement that reflects how GDP would be divided if it was perfectly equally distributed among the population. GNI per capita is, however, a more exact calculation of wealth than GDP per capita, as it takes into consideration taxes paid and income receipts from abroad. How much inequality is there in Latin America? In many Latin American countries, more than half the total wealth created in their economies is held by the richest 20 percent of the population. When a small share of the population concentrates most of the wealth, millions of people don't have enough to make ends meet. For instance, in Brazil, about 5.32 percent of the population lives on less than 3.2 U.S. dollars per day.

In 2023, the regional average income per capita in Latin America and the Caribbean reached 9,566.22 U.S. dollars, up from some 8,827.08 dollars per person in the previous year. At that point in time, five Caribbean states and Uruguay registered the highest gross national income per capita in Latin America and the Caribbean. Gross national income (GNI) is the aggregated sum of the value added by residents in an economy, plus net taxes (minus subsidies) and net receipts of primary income from abroad.

Graph and download economic data for Gross National Income for Developing Countries in Latin America and Caribbean (NYGNPMKTPCDLAC) from 1960 to 2024 about Caribbean Economies, Latin America, GNI, and income.

Brazil is one of the most unequal countries in terms of income in Latin America. In 2022, it was estimated that almost 57 percent of the income generated in Brazil was held by the richest 20 percent of its population. Among the Latin American countries with available data included in this graph, Colombia came in first, as the wealthiest 20 percent of the Colombian population held over 59 percent of the country's total income.

In 2022, less than eight percent of the population in Latin America had either a high or upper-middle income level. Slightly over a fifth of the population fell in the non-poor with low incomes' stratum.

Graph and download economic data for Population, Total: All Income Levels for Latin America and Caribbean (SPPOPTOTLLCN) from 1960 to 2024 about Caribbean Economies, Latin America, income, and population.

Graph and download economic data for Population Ages 0 to 14: All Income Levels for Latin America and Caribbean (SPPOP0014TOZSLCN) from 1960 to 2024 about 0 to 14 years, Caribbean Economies, Latin America, income, and population.

Uruguay was the Latin American country with the highest average monthly salary as of 2024, with a net value of around ***** U.S. dollars per month, followed by Costa Rica, with *** U.S. dollars per month. Employment development areas in Latin America Following the recuperation in this sector after the job losses endured throughout the COVID-19 pandemic, the unemployment rate persists in its endeavor to stabilize. Informal employment remains as the predominant actor across most Latin American countries, serving as a primary avenue for economic sustenance. Notably, the construction sector has experienced substantial growth, outpacing other relevant industries like tourism and hospitality. Poverty Throughout the past two decades, poverty levels in Latin America remain unchanged. Honduras takes the lead as the country bearing the highest poverty rate, with nearly half of its population dwelling in these circumstances. Across the region, the prevalent delineation is that of individuals classified within the non-extreme and lower-middle poverty strata, characterized by modest income levels.

The average for 2021 based on 12 countries was 34.3 percent. The highest value was in Colombia: 43.7 percent and the lowest value was in El Salvador: 29 percent. The indicator is available from 1963 to 2023. Below is a chart for all countries where data are available.

United States US: Imports: Low- and Middle-Income Economies: % of Total Goods Imports: Latin America & The Caribbean data was reported at 17.755 % in 2016. This records an increase from the previous number of 17.642 % for 2015. United States US: Imports: Low- and Middle-Income Economies: % of Total Goods Imports: Latin America & The Caribbean data is updated yearly, averaging 14.701 % from Dec 1960 (Median) to 2016, with 57 observations. The data reached an all-time high of 23.170 % in 1960 and a record low of 10.495 % in 1986. United States US: Imports: Low- and Middle-Income Economies: % of Total Goods Imports: Latin America & The Caribbean data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s USA – Table US.World Bank: Imports. Merchandise imports from low- and middle-income economies in Latin America and the Caribbean are the sum of merchandise imports by the reporting economy from low- and middle-income economies in the Latin America and the Caribbean region according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise imports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.; ; World Bank staff estimates based data from International Monetary Fund's Direction of Trade database.; Weighted average;

Historical dataset showing Latin America & Caribbean income inequality - gini coefficient by year from N/A to N/A.

As a result of the COVID-19 crisis, a total 495 billion U.S. dollars of labor income were lost in the first three quarters of 2020 in Latin America and the Caribbean. In September 2020, it was estimated that this income reduction represented around 19 percent of the region's total labor income and over 10 percent of its GDP. Up until that month, Latin America lost roughly 150 million jobs due to the pandemic.

Gross National Income: All Income Levels for Latin America and Caribbean was 6814890215366.80960 Current $ in January of 2023, according to the United States Federal Reserve. Historically, Gross National Income: All Income Levels for Latin America and Caribbean reached a record high of 6814890215366.80960 in January of 2023 and a record low of 80147493382.99750 in January of 1960. Trading Economics provides the current actual value, an historical data chart and related indicators for Gross National Income: All Income Levels for Latin America and Caribbean - last updated from the United States Federal Reserve on September of 2025.

Social Indicators of Latin America and the Caribbean is a diverse dataset of indicators designed to capture social conditions in Latin America and the Caribbean.

The social indicators of development are derived from national household survey data, Censuses, and other sources, covering 21 countries from 1990 to the present. While the social indicators encompass traditional global metrics, the database also features tailor-made indicators in five areas to more accurately capture conditions in LAC. Those include:

1. 1. Demographics
2. 2. Education
3. Labor Market
3. 4. Housing, and
4. 5. Income

Moreover, unlike traditional aggregate indicators, the social indicators are disaggregated by:

• - ethnicity and race (when available)
• - gender
• - geographic residence
• - education, and
• - income quintile.

The indicators are not intended to serve as official data for any particular country but instead aim to provide a comparable set of social indicators for the Latin American region.

Population, Total: All Income Levels for Latin America and Caribbean was 657611624.00000 Persons in January of 2023, according to the United States Federal Reserve. Historically, Population, Total: All Income Levels for Latin America and Caribbean reached a record high of 657611624.00000 in January of 2023 and a record low of 219828794.00000 in January of 1960. Trading Economics provides the current actual value, an historical data chart and related indicators for Population, Total: All Income Levels for Latin America and Caribbean - last updated from the United States Federal Reserve on October of 2025.

The average for 2021 based on 15 countries was 25.56 percent. The highest value was in Nicaragua: 38.87 percent and the lowest value was in Argentina: 8.71 percent. The indicator is available from 1972 to 2024. Below is a chart for all countries where data are available.

The average for 2021 based on 19 countries was 35.06 percent. The highest value was in Venezuela: 72.88 percent and the lowest value was in El Salvador: 19.25 percent. The indicator is available from 2000 to 2021. Below is a chart for all countries where data are available.

Graph and download economic data for Internet users: All Income Levels for Latin America and Caribbean (ITNETUSERP2LCN) from 1990 to 2023 about Caribbean Economies, Latin America, internet, and income.

Gross Domestic Product Per Capita: All Income Levels for Latin America and Caribbean was 10796.86237 Current $ in January of 2023, according to the United States Federal Reserve. Historically, Gross Domestic Product Per Capita: All Income Levels for Latin America and Caribbean reached a record high of 10796.86237 in January of 2023 and a record low of 371.37095 in January of 1960. Trading Economics provides the current actual value, an historical data chart and related indicators for Gross Domestic Product Per Capita: All Income Levels for Latin America and Caribbean - last updated from the United States Federal Reserve on October of 2025.

United States US: Exports: Low- and Middle-Income Economies: % of Total Goods Exports: Latin America & The Caribbean data was reported at 23.572 % in 2016. This records a decrease from the previous number of 23.988 % for 2015. United States US: Exports: Low- and Middle-Income Economies: % of Total Goods Exports: Latin America & The Caribbean data is updated yearly, averaging 15.223 % from Dec 1960 (Median) to 2016, with 57 observations. The data reached an all-time high of 24.284 % in 2014 and a record low of 11.189 % in 1983. United States US: Exports: Low- and Middle-Income Economies: % of Total Goods Exports: Latin America & The Caribbean data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s USA – Table US.World Bank: Exports. Merchandise exports to low- and middle-income economies in Latin America and the Caribbean are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the Latin America and the Caribbean region according to World Bank classification of economies. Data are as a percentage of total merchandise exports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.; ; World Bank staff estimates based data from International Monetary Fund's Direction of Trade database.; Weighted average;