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 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.

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 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.

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.

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.

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.

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.

In 2024, Colombia ranked first by percentage of income held by the richest 20 percent of the population among the 22 countries presented in the ranking. Colombia's percentage of income held amounted to 58.70 percent, while Brazil and Panama, the second and third countries, had records amounting to 56.60 percent and 53.50 percent, respectively.

Access South America Land Top Drive Industry Overview which includes South America country analysis of (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America), market split by Type, Application

The particularities of agriculture, as a sector which ensures food supply, result from many factors, including the multilateral interaction between the environment and human activity. The extent of human intervention in the food production process is usually measured with the amount of capital expenditure. Therefore, the food production potential and the resulting food security depend on both natural and economic factors. This paper identifies the current status of food security in different countries around the world, considering both aspects (physical and economic availability) combined together. The variables published by FAO were used together with a variable estimated based on the author’s own methodology to identify 8 groups of countries characterized by economic development level, net trade in agricultural products, and selected variables related to agriculture and food situation. As shown by this study, the degree to which food security is ensured with domestic supply varies strongly across the globe. Domestic production provides a foundation for food security in wealthy countries, usually located in areas with favorable conditions for agriculture (including North America, Australia, New Zealand, Kazakhstan) and in countries which, though characterized by a relatively small area of arable land per capita, demonstrate high production intensity (mainly European countries). International trade largely contributes to food security in Middle East and North African countries as well as in selected South American countries which are net importers of food products. The most problematic food situation continues to affect Sub-Saharan Africa and Central Asia.

As of 2024, three out of ten Latin American and Caribbean cities with the highest local purchasing power were located in Mexico. With an index score of 51.3, people in Querétaro had the highest domestic purchasing power in Mexico. In South America, the city with the highest domestic purchasing power for 2024 was Montevideo, scoring 53 index points.

The average for 2024 based on 11 countries was 15067.24 U.S. dollars. The highest value was in Singapore: 90674.07 U.S. dollars and the lowest value was in Burma (Myanmar): 1359.26 U.S. dollars. The indicator is available from 1960 to 2024. Below is a chart for all countries where data are available.

The Latin American LiDAR market, valued at $1.48 billion in 2025, is projected to experience robust growth, driven by increasing infrastructure development, the burgeoning automotive sector's demand for advanced driver-assistance systems (ADAS), and a rising focus on precision agriculture. The market's Compound Annual Growth Rate (CAGR) of 9.26% from 2025 to 2033 signifies significant potential. Key growth drivers include government initiatives promoting smart city development and the adoption of autonomous vehicles. The adoption of aerial LiDAR for surveying and mapping vast terrains, particularly in resource-rich countries, further fuels market expansion. Ground-based LiDAR systems find applications in various industrial sectors, including mining and construction, where precise measurements are crucial for efficient operations and safety. While the market faces challenges such as high initial investment costs for LiDAR technology and a need for skilled professionals to operate and interpret data, the overall positive economic outlook of the region and increasing technological advancements are expected to offset these restraints. Segment-wise, the aerial LiDAR segment is anticipated to hold a significant market share due to its widespread use in infrastructure projects and environmental monitoring. Within components, the demand for high-precision GPS and laser scanners is expected to grow in tandem with the overall market. Major players like Leica Geosystems, Velodyne Lidar, and Trimble are actively expanding their presence in the region to cater to the rising demand. The focus on developing robust infrastructure, including transportation and communication networks, is expected to bolster LiDAR adoption across various end-user segments in Latin America. The specific growth trajectory of the Latin American LiDAR market across Brazil, Argentina, Chile, Colombia, Mexico, and other nations will be influenced by individual country-level economic development, technological adoption rates, and government policies. Mexico, Brazil, and Argentina, being major economies in the region, are anticipated to represent a substantial portion of the overall market value. However, rising demand from other countries, fueled by increasing urbanization and infrastructure projects, presents substantial opportunities for market growth across Latin America. The continuous advancements in LiDAR technology, resulting in smaller, lighter, and more cost-effective systems, will further contribute to market expansion, making LiDAR technology more accessible for various applications across diverse sectors. Moreover, the rising focus on environmental sustainability is driving the adoption of LiDAR for monitoring deforestation and environmental changes, contributing significantly to market growth. Key drivers for this market are: , Fast Paced Developments And Increasing Applications Of Drones; Growing Applications In Government Sector; Increasing Adoption In Automotive Industry. Potential restraints include: , Fast Paced Developments And Increasing Applications Of Drones; Growing Applications In Government Sector; Increasing Adoption In Automotive Industry. Notable trends are: The Growing demand of Laser Scanner will Drive the Growth of this Market.

ObjectiveTo determine the extent to which the narrowing of child mortality across wealth gradients has been related to foreign aid to the health sector in low- and middle-income countries.MethodsMortality and wealth data on 989,901 under-5 children from 957,674 households in 49 aid recipient countries in Africa, Asia, South America, and the Caribbean between 1993 and 2012 were used in the analysis. Declines in under-5 mortality in the four poorest wealth quantiles were compared to the decline among the wealthiest at varying levels of health aid per capita using fixed effects multivariable regression models and controlling for maternal education, urbanization, and domestic spending on health among recipient countries.ResultsEach additional dollar in total health aid per capita was associated with 5.7 fewer deaths per 10,000 child-years among children in the poorest relative to the wealthiest households (p

In 2025, Luxembourg was the country with the highest gross domestic product per capita in the world. Of the 20 listed countries, 13 are in Europe and five are in Asia, alongside the U.S. and Australia. There are no African or Latin American countries among the top 20. Correlation with high living standards While GDP is a useful indicator for measuring the size or strength of an economy, GDP per capita is much more reflective of living standards. For example, when compared to life expectancy or indices such as the Human Development Index or the World Happiness Report, there is a strong overlap - 14 of the 20 countries on this list are also ranked among the 20 happiest countries in 2024, and all 20 have "very high" HDIs. Misleading metrics? GDP per capita figures, however, can be misleading, and to paint a fuller picture of a country's living standards then one must look at multiple metrics. GDP per capita figures can be skewed by inequalities in wealth distribution, and in countries such as those in the Middle East, a relatively large share of the population lives in poverty while a smaller number live affluent lifestyles.

Based on the degree of inequality in income distribution measured by the Gini coefficient, Colombia was the most unequal country in Latin America as of 2022. Colombia's Gini coefficient amounted to 54.8. The Dominican Republic recorded the lowest Gini coefficient at 37, even below Uruguay and Chile, which are some of the countries with the highest human development indexes in Latin America. The Gini coefficient explained The Gini coefficient measures the deviation of the distribution of income among individuals or households in a given country from a perfectly equal distribution. A value of 0 represents absolute equality, whereas 100 would be the highest possible degree of inequality. This measurement reflects the degree of wealth inequality at a certain moment in time, though it may fail to capture how average levels of income improve or worsen over time. What affects the Gini coefficient in Latin America? Latin America, as other developing regions in the world, generally records high rates of inequality, with a Gini coefficient ranging between 37 and 55 points according to the latest available data from the reporting period 2010-2023. According to the Human Development Report, wealth redistribution by means of tax transfers improves Latin America's Gini coefficient to a lesser degree than it does in advanced economies. Wider access to education and health services, on the other hand, have been proven to have a greater direct effect in improving Gini coefficient measurements in the region.

According to a survey conducted in 2023, ** percent of Peruvians agreed that their country's economy is rigged in favor of the rich and powerful. This was the highest percentage of agreement among respondents in selected Latin American countries.

As of April 2025, South Africa's GDP was estimated at over 410 billion U.S. dollars, the highest in Africa. Egypt followed, with a GDP worth around 347 billion U.S. dollars, and ranked as the second-highest on the continent. Algeria ranked third, with nearly 269 billion U.S. dollars. These African economies are among some of the fastest-growing economies worldwide. Dependency on oil For some African countries, the oil industry represents an enormous source of income. In Nigeria, oil generates over five percent of the country’s GDP in the third quarter of 2023. However, economies such as the Libyan, Algerian, or Angolan are even much more dependent on the oil sector. In Libya, for instance, oil rents account for over 40 percent of the GDP. Indeed, Libya is one of the economies most dependent on oil worldwide. Similarly, oil represents for some of Africa’s largest economies a substantial source of export value. The giants do not make the ranking Most of Africa’s largest economies do not appear in the leading ten African countries for GDP per capita. The GDP per capita is calculated by dividing a country’s GDP by its population. Therefore, a populated country with a low total GDP will have a low GDP per capita, while a small rich nation has a high GDP per capita. For instance, South Africa has Africa’s highest GDP, but also counts the sixth-largest population, so wealth has to be divided into its big population. The GDP per capita also indicates how a country’s wealth reaches each of its citizens. In Africa, Seychelles has the greatest GDP per capita.

South Africa concentrated the largest amount of private wealth in Africa as of 2021, some 651 billion U.S. dollars. Egypt, Nigeria, Morocco, and Kenya followed, establishing the five wealthier markets in the continent. The wealth value referred to assets, such as cash, properties, and business interests, held by individuals living in each country, with liabilities discounted. Overall, Africa counted in the same year approximately 136,000 high net worth individuals (HNWIs), each with net assets of one million U.S. dollars or more.

 COVID-19 and wealth constraints  

Africa held 2.1 trillion U.S. dollars of total private wealth in 2021. The amount slightly increased in comparison to the previous year, when the coronavirus (COVID-19) pandemic led to job losses, drops in salaries, and the closure of many local businesses. However, compared to 2011, total private wealth in Africa declined 4.5 percent, constrained by poor performances in Angola, Egypt, and Nigeria. By 2031, however, the private wealth is expected to rise nearly 40 percent in the continent.

 The richest in Africa 

Besides 125 thousand millionaires, Africa counted 6,700 multimillionaires and 305 centimillionaires as of December 2021. Furthermore, there were 21 billionaires in the African continent, each with a wealth of one billion U.S. dollars and more. The richest person in Africa is the Nigerian Aliko Dangote. The billionaire is the founder and chairman of Dangote Cement, the largest cement producer on the whole continent. He also owns salt and sugar manufacturing companies.