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.

O médio por 2024 foi 19884 U.S. dollars.O valor mais alto foi em Porto Rico: 44125 U.S. dollars e o valor mais baixo foi em Haiti: 2801 U.S. dollars. Abaixo há um gráfico para todos os países onde existem dados disponíveis.

In 2023, four Caribbean nations were the countries with the highest gross national income per capita in Latin America and the Caribbean. On average, the national gross income amounted to around 31,990 U.S. dollars per person in the Bahamas, an island country which also had one of the highest gross domestic product per capita in this region. Outside the Caribbean Excluding the Caribbean, the economies with the highest national income per capita are generally located in South America, with the exceptions of Panama, Costa Rica and Mexico. Guyana leads among continental states with a national income of around 20.360 U.S. dollars per person. 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. The biggest economies Brazil and Mexico are still miles ahead in the race for the biggest economy of Latin America. As of 2023, both nations exceeded the two trillion U.S. dollars mark in their Gross Domestic Product (GDP). While Argentina's GDP, third place, slightly surpassed the 600 billion U.S. dollars. Nonetheless, both nations also ranked as the most populated by far in the region.

Graph and download economic data for Gross Domestic Product Per Capita for Developing Countries in Latin America and Caribbean (NYGDPPCAPCDLAC) from 1960 to 2024 about Caribbean Economies, Latin America, per capita, and GDP.

Graph and download economic data for Constant GDP per capita for Developing Countries in Latin America and Caribbean (NYGDPPCAPKDLAC) from 1960 to 2024 about Caribbean Economies, Latin America, per capita, and GDP.

Historical dataset showing Latin America & Caribbean GDP per capita by year from 1960 to 2023.

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.

This statistic shows a ranking of the estimated alcohol consumption per capita in 2020 in Latin America, differentiated by country.The shown data are an excerpt of Statista's Key Market Indicators (KMI). The KMI are a collection of primary and secondary indicators on the macro-economic, demographic and technological environment in more than *** countries and regions worldwide. All input data are sourced from international institutions, national statistical offices, and trade associations. All data has been are processed to generate comparable datasets (see supplementary notes under details for more information).

Graph and download economic data for Gross Domestic Product Per Capita: All Income Levels for Latin America and Caribbean (NYGDPPCAPCDLCN) from 1960 to 2024 about Caribbean Economies, Latin America, per capita, income, and GDP.

Historical dataset showing Latin America & Caribbean gni per capita by year from 1962 to 2023.

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.

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 September of 2025.

Constant GDP per capita: All Income Levels for Latin America and Caribbean was 9084.67549 2010 U.S. $ in January of 2023, according to the United States Federal Reserve. Historically, Constant GDP per capita: All Income Levels for Latin America and Caribbean reached a record high of 9084.67549 in January of 2023 and a record low of 3280.49935 in January of 1960. Trading Economics provides the current actual value, an historical data chart and related indicators for Constant GDP per capita: All Income Levels for Latin America and Caribbean - last updated from the United States Federal Reserve on July of 2025.

The average for 2021 based on 19 countries was 631.84 U.S. dollars. The highest value was in Uruguay: 1620.33 U.S. dollars and the lowest value was in Haiti: 57.88 U.S. dollars. The indicator is available from 2000 to 2022. Below is a chart for all countries where data are available.

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 September of 2025.

In Latin America and the Caribbean, the subregion with the largest central government social spending per capita is the Caribbean. There, the average public social spending reached 1,945 U.S. dollars per person in 2022, while it stood at 1,335 dollars in South America and 725 dollars in the region comprised by Central America, Mexico and the Dominican Republic. While these two regions registered a lower spending than the Caribbean, the average has been steadily increasing during most of the past two decades.

The average for 2023 based on 20 countries was 2.3 metric tons of carbon dioxide equivalent per capita. The highest value was in Puerto Rico: 4.31 metric tons of carbon dioxide equivalent per capita and the lowest value was in Haiti: 0.3 metric tons of carbon dioxide equivalent per capita. The indicator is available from 1970 to 2023. Below is a chart for all countries where data are available.

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.

The average for 2022 based on 19 countries was 1077.27 kilograms of oil equivalent. The highest value was in Chile: 2117.78 kilograms of oil equivalent and the lowest value was in Haiti: 377.53 kilograms of oil equivalent. The indicator is available from 1960 to 2023. Below is a chart for all countries where data are available.

This study was based on interviews conducted in 1965 at several universities in Latin America (University of Chile and Facultad Latinoamericana de Ciencias Sociales [FLACSO], Chile, University of Buenos Aires, Argentina, and University of Minas Gerais, Brazil) as well as at a university in Oslo, Norway. Respondents were asked a series of questions to ascertain their level of knowledge about 20 Latin American countries. Students were asked to name the capital and head of state for each country and to estimate the population of each, the per capita income, rates of illiteracy and industrialization, and race categories in each country. Respondents were also asked to rate each country's prestige and importance within the Latin American system and to consider which criteria were relevant for defining the position of a country: its size, average education, industrialization, political stability, degree of urbanization, and/or scientific development. Demographic variables cover nationality, age, sex, field of study, and number of years spent at the university.