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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

Graph and download economic data for Gross Domestic Product: All Income Levels for Latin America and Caribbean (NYGDPMKTPCDLCN) from 1960 to 2024 about Caribbean Economies, Latin America, gross, domestic, production, and income.

The Gross Domestic Product per capita in the United States was last recorded at 66682.61 US dollars in 2024. The GDP per Capita in the United States is equivalent to 528 percent of the world's average. This dataset provides - United States GDP per capita - actual values, historical data, forecast, chart, statistics, economic calendar and news.

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 November of 2025.

Monthly and long-term Chile GDP Per Capita data: historical series and analyst forecasts curated by FocusEconomics.

The Gross Domestic Product per capita in Argentina was last recorded at 12667.03 US dollars in 2024. The GDP per Capita in Argentina is equivalent to 100 percent of the world's average. This dataset provides - Argentina GDP per capita - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product per capita in Brazil was last recorded at 9564.58 US dollars in 2024. The GDP per Capita in Brazil is equivalent to 76 percent of the world's average. This dataset provides - Brazil GDP per capita - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product per capita in Chile was last recorded at 14579.40 US dollars in 2024. The GDP per Capita in Chile is equivalent to 115 percent of the world's average. This dataset provides - Chile GDP per capita - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product per capita in Dominican Republic was last recorded at 9168.29 US dollars in 2024. The GDP per Capita in Dominican Republic is equivalent to 73 percent of the world's average. This dataset provides - Dominican Republic GDP per capita - actual values, historical data, forecast, chart, statistics, economic calendar and news.