List of Latin American and Caribbean countries by GDP (nominal)

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World map showing nominal GDP of countries for the year 2010 according to the IMF.
Legend: (in billions of U.S. dollars)
  > 1,000
  200-999
  10-199
  < 10
  no data

This article includes for each section three lists of countries of Latin America and Caribbean sorted by their gross domestic product (GDP) and by their gross domestic product per capita.

The figures presented here do not take into account differences in the cost of living in different countries, and the results can vary greatly from one year to another based on fluctuations in the exchange rates of the country's currency. Such fluctuations may change a country's ranking from one year to the next, even though they often make little or no difference to the standard of living of its population. Therefore these figures should be used with caution.

Comparisons of national wealth are also frequently made on the basis of purchasing power parity (PPP), to adjust for differences in the cost of living in different countries. (See List of countries by GDP (PPP) and List of countries by GDP (PPP) per capita.) PPP largely removes the exchange rate problem, but has its own drawbacks; it does not reflect the value of economic output in international trade, and it also requires more estimation than GDP per capita. On the whole, PPP per capita figures are more narrowly spread than nominal GDP per capita figures.

Great care should be taken when using either set of figures to compare the wealth of two countries. Often people who wish to promote or denigrate a country will use the figure that suits their case best and ignore the other one, which may be substantially different, but a valid comparison of two economies should take both rankings into account, as well as utilising other economic data to put an economy in context.

Non-sovereign entities which are not considered to be countries (world, the Latin America and Caribbean totals, regional trade blocs and some dependent territories) are included in the list because they appear in the sources or gives useful and relevant comparative information between trade blocs and countries of the region. These economies are not ranked in the charts here, but are listed in sequence by GDP for comparison. The country aggregates are marked in bold and italics and the dependent territories are marked in italics.

  • The second list includes data (mostly) for the year 2010 from the World Bank.
  • The third list includes data from The World Factbook, provided by the US Central Intelligence Agency. Data between countries are not always comparable as it may refer to different years. Figures are mostly estimates for 2010.

Contents

GDP (Nominal) [edit]

This section includes three lists of countries of Latin America and Caribbean sorted by their GDP, the market value of all final goods and services from a nation in a given year. The GDP dollar estimates presented here are calculated at market or government official exchange rates.

List by the International Monetary Fund (2010)[1] List by the World Bank (1993–2010)[2] List by the CIA World Factbook (2002–2010)[3]
Rank World Rank Country GDP (millions of US$)
— — World 62,911,253
— — Latin America and Caribbean 4,833,944
— — Mercosur[4] 2,519,005
1 7  Brazil 2,090,314
2 14  Mexico 1,034,308
— — CAN[5] 521,023
3 28  Argentina 369,992
4 34  Venezuela 293,268
5 35  Colombia 289,433
6 43  Chile 203,299
7 50  Peru 153,802
— — SICA[6] 148,289
— — CARICOM[7] 64,525
8 67  Ecuador 57,978
9 72  Dominican Republic 51,626
10 78  Guatemala 41,178
11 79  Uruguay 40,272
12 84  Costa Rica 35,789
13 89  Panama 26,808
14 97  El Salvador 21,215
15 98  Trinidad and Tobago 20,375
16 100  Bolivia 19,810
17 102  Paraguay 18,427
18 108  Honduras 15,347
19 111  Jamaica 13,356
20 132  Bahamas, The 7,700
21 134  Haiti 6,575
22 136  Nicaragua 6,551
23 147  Barbados 4,110
24 150  Suriname 3,682
25 155  Guyana 2,258
26 163  Belize 1,401
27 164  Antigua and Barbuda 1,245
28 165  Saint Lucia 1,198
29 171  Grenada 789
30 174  Saint Vincent and the Grenadines 684
31 175  Saint Kitts and Nevis 676
32 179  Dominica 476
Rank World Rank Country GDP (millions of US$) Year
— — World 63,044,068 2010
— — Latin America and Caribbean 5,181,851 2010
— — Mercosur[4] 2,515,342 2010
1 7  Brazil 2,087,890 2010
2 13  Mexico 1,039,662 2010
— — CAN[5] 520,730 2010
3 25  Venezuela 387,852 2010
4 27  Argentina 368,712 2010
5 33  Colombia 288,189 2010
6 42  Chile 203,443 2010
7 49  Peru 153,845 2010
— — SICA[6] 147,710 2010
— —  Puerto Rico 67,897 2001
— — CARICOM[7] 62,796 2010[8]
8 62  Cuba 62,705 2009
9 67  Ecuador 58,910 2010
10 70  Dominican Republic 51,577 2010
11 77  Guatemala 41,190 2010
12 78  Uruguay 40,265 2010
13 83  Costa Rica 34,564 2010
14 88  Panama 26,777 2010
15 95  El Salvador 21,796 2010
16 98  Trinidad and Tobago 20,398 2010
17 99  Bolivia 19,786 2010
18 101  Paraguay 18,475 2010
19 106  Honduras 15,400 2010
20 109  Jamaica 13,995 2010
21 131  Bahamas, The 7,538 2010
22 134  Haiti 6,710 2010
23 136  Nicaragua 6,551 2010
24 152  Suriname 3,252 2009
25 153  Barbados 3,203 2010
26 156  Guyana 2,222 2010
— —  Virgin Islands, U.S. 1,996 1993
— —  Aruba 1,911 2002
27 166  Belize 1,432 2010
28 168  Antigua and Barbuda 1,015 2010
— —  Cayman Islands 1,012 1996
29 171  Saint Lucia 932 2010
30 178  Grenada 628 2010
31 180  Saint Vincent and the Grenadines 562 2010
32 182  Saint Kitts and Nevis 526 2010
33 183  Dominica 383 2010
Rank World Rank Country GDP (millions of US$) Year
— — World 63,170,000 2010 est.
— — Latin America and Caribbean 4,995,000 2010 est.
— — Mercosur[4] 2,519,000 2010 est.
1 7  Brazil 2,090,000 2010 est.
2 14  Mexico 1,039,000 2010 est.
— — CAN[5] 516,600 2010 est.
3 27  Argentina 370,300 2010 est.
4 34  Venezuela 290,700 2010 est.
5 35  Colombia 285,500 2010 est.
6 44  Chile 203,300 2010 est.
7 50  Peru 152,800 2010 est.
— — SICA[6] 149,000 2010 est.
— —  Puerto Rico 93,520 2010 est.
— — CARICOM[7] 63,940 2010 est.
8 67  Ecuador 58,910 2010 est.
9 68  Cuba 57,490 2010 est.
10 73  Dominican Republic 51,630 2010 est.
11 79  Guatemala 41,470 2010 est.
12 80  Uruguay 40,270 2010 est.
13 85  Costa Rica 35,780 2010 est.
14 93  Panama 26,780 2010 est.
15 100  El Salvador 21,700 2010 est.
16 101  Trinidad and Tobago 20,590 2010 est.
17 103  Bolivia 19,370 2010 est.
18 104  Paraguay 18,480 2010 est.
19 110  Honduras 15,350 2010 est.
20 113  Jamaica 13,690 2010 est.
21 134  The Bahamas 7,538 2010 est.
22 137  Haiti 6,632 2010 est.
23 138  Nicaragua 6,551 2010 est.
— —  Curacao 5,080 2008 est.
24 150  Barbados 3,963 2010 est.
25 152  Suriname 3,682 2010 est.
— —  Aruba 2,258 2005 est.
— —  Cayman Islands 2,250 2008 est.
26 157  Guyana 2,215 2010 est.
27 167  Belize 1,396 2010 est.
28 169  Antigua and Barbuda 1,105 2010 est.
— —  Virgin Islands, British 1,095 2008
29 171  Saint Lucia 985 2010 est.
— —  Sint Maarten 794.7 2008
30 177  Grenada 674 2010 est.
31 179  Saint Vincent and the Grenadines 561 2010 est.
32 182  Saint Kitts and Nevis 531 2010 est.
33 183  Dominica 376 2010 est.
— —  Anguilla 175.4 2009 est.
— —  Falkland Islands 105.1 2002 est.

GDP (Nominal) per capita [edit]

Map of Latin America by 2010 GDP (nominal) per capita according to IMF.

This section includes three lists of countries of Latin America and Caribbean sorted by their gross domestic product per capita at nominal values, the value of all final goods and services produced within a nation in a given year, converted at market exchange rates to current U.S. dollars, divided by the average (or mid-year) population for the same year.

International Monetary Fund (2010)[9] World Bank (1993–2010)[2] CIA World Factbook (2002–2010)[10]
Rank World Rank Country US$
1 31  Bahamas, The 22,350
2 41  Antigua and Barbuda 15,635
3 42  Trinidad and Tobago 15,463
4 43  Barbados 14,858
5 48  Saint Kitts and Nevis 12,263
6 49  Uruguay 11,998
7 50  Chile 11,827
8 54  Brazil 10,816
 —  — Mercosur [4] 10,344
9 59  Venezuela 10,049
10 61  Mexico 9,522
 —  — World [11] 9,238
11 62  Argentina 9,131
 —  — Latin America and Caribbean 8,515
12 67  Costa Rica 7,701
13 68  Panama 7,601
14 70  Grenada 7,571
15 73  Saint Lucia 7,233
16 74  Suriname 6,975
17 76  Dominica 6,632
18 78  Saint Vincent and the Grenadines 6,381
19 79  Colombia 6,360
20 85  Dominican Republic 5,227
21 86  Peru 5,205
 —  — CAN [5] 5,196
22 89  Jamaica 4,915
23 96  Belize 4,226
24 98  Ecuador 3,921
 —  — CARICOM [7] 3,857
25 101  El Salvador 3,618
 —  — SICA [6] 3,482
26 111  Guyana 2,923
27 114  Paraguay 2,878
28 115  Guatemala 2,867
29 126  Honduras 1,908
30 127  Bolivia 1,900
31 143  Nicaragua 1,127
32 159  Haiti 667
Rank World Rank Country US$ Year
 —  —  Cayman Islands 29,694 1996
1 35  Bahamas, The 21,985 2010
 —  —  Aruba 20,204 2002
 —  —  Virgin Islands, U.S. 18,728 1993
 —  —  Puerto Rico 17,692 2001
2 45  Trinidad and Tobago 15,206 2010
3 48  Venezuela 13,451 2010
4 51  Uruguay 11,996 2010
5 52  Chile 11,888 2010
6 53  Barbados 11,718 2010
7 54  Antigua and Barbuda 11,442 2010
8 57  Brazil 10,710 2010
 —  — Mercosur [4] 10,260 2010
9 61  Saint Kitts and Nevis 10,038 2010
 —  — World 9,216 2010
10 64  Mexico 9,166 2010
11 65  Argentina 9,124 2010
 —  — Latin America and Caribbean 8,798 2010
12 70  Panama 7,614 2010
13 73  Costa Rica 7,419 2010
14 78  Suriname 6,255 2009
15 79  Colombia 6,225 2010
16 80  Grenada 6,009 2010
17 82  Dominica 5,649 2010
18 84  Cuba 5,565 2008
19 86  Saint Lucia 5,356 2010
20 88  Peru 5,291 2010
 —  — CAN [5] 5,220 2010
21 89  Dominican Republic 5,195 2010
22 90  Jamaica 5,179 2010
23 91  Saint Vincent and the Grenadines 5,137 2010
24 103  Belize 4,153 2010
25 104  Ecuador 4,073 2010
 —  — CARICOM [7] 3,722 2010[8]
26 106  El Salvador 3,519 2010
 —  — SICA [6] 3,476 2010
27 117  Guyana 2,945 2010
28 121  Guatemala 2,863 2010
29 122  Paraguay 2,862 2010
30 133  Honduras 2,026 2010
31 134  Bolivia 1,993 2010
32 151  Nicaragua 1,132 2010
33 165  Haiti 671 2010
Rank World Rank Country US$ Year
 —  —  Cayman Islands 47,000 2008 est.
 —  —  Virgin Islands, British 38,900 2008
 —  —  Curaçao 36,200 2008 est.
 —  —  Falkland Islands 35,400 2002 est.
1 31  Bahamas, The 24,300 2010 est.
 —  —  Puerto Rico 23,500 2010 est.
 —  —  Aruba 23,300 2005 est.
 —  —  Sint Maarten 21,900 2008
2 43  Trinidad and Tobago 16,800 2010 est.
3 46  Barbados 13,900 2010 est.
4 50  Antigua and Barbuda 12,700 2010 est.
5 51  Uruguay 12,200 2010 est.
 —  —  Anguilla 12,100 2009 est.
6 53  Chile 12,100 2010 est.
7 56  Venezuela 10,700 2010 est.
8 57  Saint Kitts and Nevis 10,600 2010 est.
9 60  Brazil 10,400 2010 est.
 —  — Mercosur [4] 10,000 2010 est.
10 64  Mexico 9,200 2010 est.
 —  — World 9,200 2010 est.
11 65  Argentina 9,000 2010 est.
 —  — Latin America and Caribbean 8,500 2010 est.
12 69  Costa Rica 7,900 2010 est.
13 71  Panama 7,900 2010 est.
14 76  Suriname 6,700 2010 est.
15 78  Colombia 6,500 2010 est.
16 79  Grenada 6,300 2010 est.
17 80  Saint Lucia 6,100 2010 est.
18 86  Saint Vincent and the Grenadines 5,400 2010 est.
19 87  Peru 5,300 2010 est.
 —  — CAN [5] 5,300 2010 est.
20 89  Dominican Republic 5,300 2010 est.
21 90  Cuba 5,200 2010 est.
22 91  Dominica 5,200 2010 est.
23 93  Jamaica 4,800 2010 est.
24 98  Belize 4,400 2010 est.
25 103  Ecuador 4,000 2010 est.
 —  — CARICOM [7] 3,900 2010 est.
 —  — SICA [6] 3,600 2010 est.
26 106  El Salvador 3,600 2010 est.
27 114  Guatemala 3,100 2010 est.
28 117  Guyana 3,000 2010 est.
29 119  Paraguay 2,900 2010 est.
30 132  Bolivia 1,900 2010 est.
31 133  Honduras 1,900 2010 est.
32 148  Nicaragua 1,200 2010 est.
33 166  Haiti 700 2010 est.

Notes and references [edit]

  1. ^ Nominal 2010 GDP list of Latin American and Caribbean countries. Nominal 2010 GDP for the world and Latin America and Caribbean. World Economic Outlook Database, September 2011, International Monetary Fund. Accessed on September 29, 2011.
  2. ^ a b Data refer mostly to the year 2010. World Development Indicators database, World Bank. Accessed on September 29, 2011.
  3. ^ Field listing - GDP (official exchange rate), CIA World Factbook. Accessed on September 29, 2011.
  4. ^ a b c d e f Mercosur or Mercosul (Spanish: Mercado Común del Sur, Portuguese: Mercado Comum do Sul, Guarani: Ñemby Ñemuha, English: Southern Common Market) is a free trade area and customs union. Full members: Argentina, Brazil, Paraguay and Uruguay. Note: Venezuela membership is pending on Paraguay's congress ratification.
  5. ^ a b c d e f The Andean Community (Spanish: Comunidad Andina, CAN) is a free trade area and customs union. Full members: Bolivia, Colombia, Ecuador and Peru.
  6. ^ a b c d e f Central American Integration System (Spanish: Sistema de la Integración Centroamericana; SICA) is a free trade area and customs union. Full members: Belize, Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua and Panama.
  7. ^ a b c d e f The Caribbean Community (CARICOM) is a free trade area, customs union, partial common market and partial monetary union. Full members: Antigua and Barbuda, Bahamas, Barbados, Belize, Dominica, Grenada, Guyana, Haiti, Jamaica, Montserrat, Saint Kitts and Nevis, Saint Lucia, Saint Vincent and the Grenadines, Suriname and Trinidad and Tobago. Note: Excludes data for Montserrat.
  8. ^ a b Suriname data is for 2009.
  9. ^ Nominal 2010 GDP per Capita list of Latin American and Caribbean countries. Nominal 2010 GDP for the world and Latin America and Caribbean. World and Latin America and Caribbean 2010 population. World Economic Outlook Database, September 2011, International Monetary Fund. Accessed on September 29, 2011.
  10. ^ GDP (official exchange rate) & Population, The World Factbook, Central Intelligence Agency, accessed on September 29, 2011. Population data for 2010 obtained from Total Midyear Population, U.S. Census Bureau, International Data Base, accessed on September 27, 2011. Falkland Islands population data obtained from The World Factbook 2002 archive. Note: Per capita values were obtained by dividing the GDP (official exchange rate) data by the Population data. The figures were then rounded to the nearest hundred in typical Factbook fashion.
  11. ^ Population for Kosovo and Tuvalu was not available at the IMF database. To calculate the World GDP per capita, population for these two countries was obtained from U.S. Census Bureau, International Data Base, accessed on September 26, 2011.

See also [edit]
Nominal
Purchasing power parity (PPP)
Growth
Gross national income (GNI)
Countries by region
Subnational divisions
Economic classification of countries
Three Worlds Theory
Gross domestic product (GDP)
Gross national income (GNI)
Wages
Other national accounts
Human development
Digital divide
Net international investment position (NIIP)
Trade
Investment
Funds
Budget and debt
Income and taxes
Bank rates
Currency
Other
NIIP

External links [edit]

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