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.

As of 2023, Brazil's Gross Domestic Product (GDP) amounted to more than *** trillion US dollars. That amount was not only more than all other South American countries' GPDs combined, but also puts Brazil in 8th place worldwide. Argentina came in second, with around *** billion USD this same year.

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 2024 based on 11 countries was 12338.87 U.S. dollars. The highest value was in Guyana: 29883.63 U.S. dollars and the lowest value was in Bolivia: 4001.21 U.S. dollars. The indicator is available from 1960 to 2024. Below is a chart for all countries where data are available.

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.

The average for 2023 based on 11 countries was 0.35 percent. The highest value was in Brazil: 2.08 percent and the lowest value was in Suriname: 0 percent. The indicator is available from 1980 to 2023. Below is a chart for all countries where data are available.

The average for 2023 based on 11 countries was 7.99 percent. The highest value was in Bolivia: 13.47 percent and the lowest value was in Chile: 3.49 percent. The indicator is available from 1960 to 2024. Below is a chart for all countries where data are available.

The average for 2023 based on 9 countries was 25.64 percent. The highest value was in Paraguay: 42.06 percent and the lowest value was in Argentina: 12.75 percent. The indicator is available from 1960 to 2024. Below is a chart for all countries where data are available.

As of 2023, Uruguay was the country in South America with the largest Gross Domestic Product per capita, with ********* US dollars. Guyana landed in second place, with ********* US dollars per capita. When it comes to the total GDP in South America, Brazil led the region this year with more than * trillion U.S. dollars.

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.

The average for 2021 based on 12 countries was 7.74 percent. The highest value was in Argentina: 10.04 percent and the lowest value was in Venezuela: 4.1 percent. The indicator is available from 2000 to 2023. Below is a chart for all countries where data are available.

Haiti is expected to experience the worst economic recession in Latin America and the Caribbean in 2024. Haiti's gross domestic product (GDP) in 2024 is forecast to be 3 percent lower than the value registered in 2023, based on constant prices. Aside from Argentina, Haiti, and Puerto Rico, most economies in the region were likely to experience economic growth in 2024, most notably, Guyana.

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.

The average for 2024 based on 19 countries was 19884 U.S. dollars. The highest value was in Puerto Rico: 44125 U.S. dollars and the lowest value was in Haiti: 2801 U.S. dollars. The indicator is available from 1990 to 2024. Below is a chart for all countries where data are available.

Graph and download economic data for Constant GDP per capita: All Income Levels for Latin America and Caribbean (NYGDPPCAPKDLCN) from 1960 to 2024 about Caribbean Economies, Latin America, per capita, income, and GDP.

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.

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 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.

This statistic shows the share of economic sectors in gross domestic product (GDP) in Latin America & Caribbean from 2014 to 2024. In 2024, the share of agriculture in Latin America & Caribbean's gross domestic product was 6.26 percent, industry contributed approximately 30.32 percent and the services sector contributed approximately 65.55 percent.

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