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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.
According to the Latin American artificial intelligence (AI) index ranking, Chile was the highest ranked Latin American country in 2023, with an index score of 73.21. This means that Chile is considered the best-situated country in terms of AI infrastructure, talent, research, development, and adoption, as well as governance. Other noteworthy countries with high indexes were Brazil and Uruguay, with AI index scores of 65.31 and just under 55, respectively.
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.
The "Global Country Rankings Dataset" is a comprehensive collection of metrics and indicators that ranks countries worldwide based on their socioeconomic performance. This datasets are providing valuable insights into the relative standings of nations in terms of key factors such as GDP per capita, economic growth, and various other relevant criteria.
Researchers, analysts, and policymakers can leverage this dataset to gain a deeper understanding of the global economic landscape and track the progress of countries over time. The dataset covers a wide range of metrics, including but not limited to:
Economic growth: the rate of change of real GDP- Country rankings: The average for 2021 based on 184 countries was 5.26 percent.The highest value was in the Maldives: 41.75 percent and the lowest value was in Afghanistan: -20.74 percent. The indicator is available from 1961 to 2021.
GDP per capita, Purchasing Power Parity - Country rankings: The average for 2021 based on 182 countries was 21283.21 U.S. dollars.The highest value was in Luxembourg: 115683.49 U.S. dollars and the lowest value was in Burundi: 705.03 U.S. dollars. The indicator is available from 1990 to 2021.
GDP per capita, current U.S. dollars - Country rankings: The average for 2021 based on 186 countries was 17937.03 U.S. dollars.The highest value was in Monaco: 234315.45 U.S. dollars and the lowest value was in Burundi: 221.48 U.S. dollars. The indicator is available from 1960 to 2021.
GDP per capita, constant 2010 dollars - Country rankings: The average for 2021 based on 184 countries was 15605.8 U.S. dollars.The highest value was in Monaco: 204190.16 U.S. dollars and the lowest value was in Burundi: 261.02 U.S. dollars. The indicator is available from 1960 to 2021.
In 2024, Mexico was the country with the largest number of restaurants among 'Latin America's 50 Best', with 10 of such establishments featured in the ranking.
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The average for 2023 based on 19 countries was 9351.03 U.S. dollars. The highest value was in Puerto Rico: 30122.84 U.S. dollars and the lowest value was in Haiti: 1210.03 U.S. dollars. The indicator is available from 1960 to 2023. Below is a chart for all countries where data are available.
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The average for 2023 based on 12 countries was 0.787 points. The highest value was in Chile: 0.878 points and the lowest value was in Venezuela: 0.709 points. The indicator is available from 1980 to 2023. Below is a chart for all countries where data are available.
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The average for 2023 based on 11 countries was 10329.52 U.S. dollars. The highest value was in Guyana: 23325.12 U.S. dollars and the lowest value was in Bolivia: 3168.73 U.S. dollars. The indicator is available from 1960 to 2023. Below is a chart for all countries where data are available.
In 2024, Mexico ranked as the country with the second-best economic performance amongst the seven Latin American nations included in the ranking, with a index score of 49.88 in a scale from 0 to 100, only behind Puerto Rico. Venezuela obtained the worst score in this macro-economic evaluation of the domestic economy, at 28.85 index points.
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The average for 2023 based on 20 countries was -0.17 points. The highest value was in Costa Rica: 0.98 points and the lowest value was in Haiti: -1.43 points. The indicator is available from 1996 to 2023. Below is a chart for all countries where data are available.
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The average for 2023 based on 24 countries was 28009 U.S. dollars. The highest value was in Bermuda: 98042 U.S. dollars and the lowest value was in Haiti: 2956 U.S. dollars. The indicator is available from 1990 to 2023. Below is a chart for all countries where data are available.
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The average for 2023 based on 10 countries was 7.71 percent. The highest value was in Bolivia: 13.47 percent and the lowest value was in Chile: 3.52 percent. The indicator is available from 1960 to 2023. Below is a chart for all countries where data are available.
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The average for 2023 based on 10 countries was 53.56 billion U.S. dollars. The highest value was in Brazil: 289.79 billion U.S. dollars and the lowest value was in Suriname: 0.88 billion U.S. dollars. The indicator is available from 1960 to 2023. 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.
Mexico was the most visited destination by international tourists in Latin America in 2023, surpassing 42 million tourist arrivals in that year. In the second place, but far behind, was the Dominican Republic.
A global tourism powerhouse By developing airport infrastructure and calibrating new direct flights, Mexico has set international tourism high on its priorities list. At the forefront of Mexico's spike in international tourism is the FONATUR, or Mexico's National Fund for Tourism Development. The tourism body worked in the expansion of Cancun's airport and other four key tourist airports in the country. Plus, Mexico City's airport added new international direct flights in the 2010s, resulting in being rated as the best internationally connected airport in Latin America in 2019. With this and other developments in this sector, the North American country managed to rank among the top 20 destinations in the Travel and Tourism Competitiveness Ranking that year.
South America's tourism leader Through its geographically diverse landscape and globally recognized wine industry, Argentina has grown its international tourism sector. The influx of foreign visitors to Argentina can in some way be attributed to the country's air-travel infrastructure. The national air carrier, Aerolineas Argentinas, was one of the top airline operating in Latin America in 2019. That same year, passenger traffic to Argentinian airports grew by four percent. Though in April 2020, in the outbreak of the COVID-19 pandemic, the arrival of international air travel tourists to Argentina came to a complete halt, ensuing a similar fate of the global tourism industry.
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The average for 2022 based on 37 countries was 81.93 index points. The highest value was in Ireland: 177.64 index points and the lowest value was in Colombia: 22.41 index points. The indicator is available from 1970 to 2022. Below is a chart for all countries where data are available.
Uruguay was rated the safest Latin American country for LGBT tourists in 2023, scoring 11 points. Following in the ranking were Argentina and Colombia, which rated nine points. In the Caribbean region, Cuba, Guadeloupe, and Martinique ranked for the top three places as the safest travel destinations for this group of travelers.
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The average for 2020 based on 10 countries was 30.53 percent. The highest value was in Mexico: 43.9 percent and the lowest value was in Chile: 10.8 percent. The indicator is available from 2000 to 2023. Below is a chart for all countries where data are available.
In 2023, Mexico received nearly 66.2 billion U.S. dollars worth of remittances, making it the Latin American country with the highest value of international deposits received that year. Guatemala ranked second, with remittances amounting to nearly 20 billion dollars. In total, the value of remittances in Latin America and the Caribbean exceeded 152 billion U.S. dollars in 2023.
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The average for 2024 based on 18 countries was 6.16 points. The highest value was in Costa Rica: 6.96 points and the lowest value was in Venezuela: 5.61 points. The indicator is available from 2013 to 2024. Below is a chart for all countries where data are available.
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License information was derived automatically
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.