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.

Contents

GDP (Nominal)

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]
RankWorld RankCountryGDP (millions of US$)
World62,911,253
Latin America and Caribbean4,833,944
Mercosur[4]2,519,005
17 Brazil2,090,314
214 Mexico1,034,308
CAN[5]521,023
328 Argentina369,992
434 Venezuela293,268
535 Colombia289,433
643 Chile203,299
750 Peru153,802
SICA[6]148,289
CARICOM[7]64,525
867 Ecuador57,978
972 Dominican Republic51,626
1078 Guatemala41,178
1179 Uruguay40,272
1284 Costa Rica35,789
1389 Panama26,808
1497 El Salvador21,215
1598 Trinidad and Tobago20,375
16100 Bolivia19,810
17102 Paraguay18,427
18108 Honduras15,347
19111 Jamaica13,356
20132 Bahamas, The7,700
21134 Haiti6,575
22136 Nicaragua6,551
23147 Barbados4,110
24150 Suriname3,682
25155 Guyana2,258
26163 Belize1,401
27164 Antigua and Barbuda1,245
28165 Saint Lucia1,198
29171 Grenada789
30174 Saint Vincent and the Grenadines684
31175 Saint Kitts and Nevis676
32179 Dominica476
RankWorld RankCountryGDP (millions of US$)Year
World63,044,0682010
Latin America and Caribbean5,181,8512010
Mercosur[4]2,515,3422010
17 Brazil2,087,8902010
213 Mexico1,039,6622010
CAN[5]520,7302010
325 Venezuela387,8522010
427 Argentina368,7122010
533 Colombia288,1892010
642 Chile203,4432010
749 Peru153,8452010
SICA[6]147,7102010
 Puerto Rico67,8972001
CARICOM[7]62,7962010[8]
862 Cuba62,7052009
967 Ecuador58,9102010
1070 Dominican Republic51,5772010
1177 Guatemala41,1902010
1278 Uruguay40,2652010
1383 Costa Rica34,5642010
1488 Panama26,7772010
1595 El Salvador21,7962010
1698 Trinidad and Tobago20,3982010
1799 Bolivia19,7862010
18101 Paraguay18,4752010
19106 Honduras15,4002010
20109 Jamaica13,9952010
21131 Bahamas, The7,5382010
22134 Haiti6,7102010
23136 Nicaragua6,5512010
24152 Suriname3,2522009
25153 Barbados3,2032010
26156 Guyana2,2222010
 Virgin Islands, U.S.1,9961993
 Aruba1,9112002
27166 Belize1,4322010
28168 Antigua and Barbuda1,0152010
 Cayman Islands1,0121996
29171 Saint Lucia9322010
30178 Grenada6282010
31180 Saint Vincent and the Grenadines5622010
32182 Saint Kitts and Nevis5262010
33183 Dominica3832010
RankWorld RankCountryGDP (millions of US$)Year
World63,170,0002010 est.
Latin America and Caribbean4,995,0002010 est.
Mercosur[4]2,519,0002010 est.
17 Brazil2,090,0002010 est.
214 Mexico1,039,0002010 est.
CAN[5]516,6002010 est.
327 Argentina370,3002010 est.
434 Venezuela290,7002010 est.
535 Colombia285,5002010 est.
644 Chile203,3002010 est.
750 Peru152,8002010 est.
SICA[6]149,0002010 est.
 Puerto Rico93,5202010 est.
CARICOM[7]63,9402010 est.
867 Ecuador58,9102010 est.
968 Cuba57,4902010 est.
1073 Dominican Republic51,6302010 est.
1179 Guatemala41,4702010 est.
1280 Uruguay40,2702010 est.
1385 Costa Rica35,7802010 est.
1493 Panama26,7802010 est.
15100 El Salvador21,7002010 est.
16101 Trinidad and Tobago20,5902010 est.
17103 Bolivia19,3702010 est.
18104 Paraguay18,4802010 est.
19110 Honduras15,3502010 est.
20113 Jamaica13,6902010 est.
21134 The Bahamas7,5382010 est.
22137 Haiti6,6322010 est.
23138 Nicaragua6,5512010 est.
 Curacao5,0802008 est.
24150 Barbados3,9632010 est.
25152 Suriname3,6822010 est.
 Aruba2,2582005 est.
 Cayman Islands2,2502008 est.
26157 Guyana2,2152010 est.
27167 Belize1,3962010 est.
28169 Antigua and Barbuda1,1052010 est.
 Virgin Islands, British1,0952008
29171 Saint Lucia9852010 est.
 Sint Maarten794.72008
30177 Grenada6742010 est.
31179 Saint Vincent and the Grenadines5612010 est.
32182 Saint Kitts and Nevis5312010 est.
33183 Dominica3762010 est.
 Anguilla175.42009 est.
 Falkland Islands105.12002 est.

GDP (Nominal) per capita

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]
RankWorld RankCountryUS$
131 Bahamas, The22,350
241 Antigua and Barbuda15,635
342 Trinidad and Tobago15,463
443 Barbados14,858
548 Saint Kitts and Nevis12,263
649 Uruguay11,998
750 Chile11,827
854 Brazil10,816
Mercosur [4]10,344
959 Venezuela10,049
1061 Mexico9,522
World [11]9,238
1162 Argentina9,131
Latin America and Caribbean8,515
1267 Costa Rica7,701
1368 Panama7,601
1470 Grenada7,571
1573 Saint Lucia7,233
1674 Suriname6,975
1776 Dominica6,632
1878 Saint Vincent and the Grenadines6,381
1979 Colombia6,360
2085 Dominican Republic5,227
2186 Peru5,205
CAN [5]5,196
2289 Jamaica4,915
2396 Belize4,226
2498 Ecuador3,921
CARICOM [7]3,857
25101 El Salvador3,618
SICA [6]3,482
26111 Guyana2,923
27114 Paraguay2,878
28115 Guatemala2,867
29126 Honduras1,908
30127 Bolivia1,900
31143 Nicaragua1,127
32159 Haiti667
RankWorld RankCountryUS$Year
 Cayman Islands29,6941996
135 Bahamas, The21,9852010
 Aruba20,2042002
 Virgin Islands, U.S.18,7281993
 Puerto Rico17,6922001
245 Trinidad and Tobago15,2062010
348 Venezuela13,4512010
451 Uruguay11,9962010
552 Chile11,8882010
653 Barbados11,7182010
754 Antigua and Barbuda11,4422010
857 Brazil10,7102010
Mercosur [4]10,2602010
961 Saint Kitts and Nevis10,0382010
World9,2162010
1064 Mexico9,1662010
1165 Argentina9,1242010
Latin America and Caribbean8,7982010
1270 Panama7,6142010
1373 Costa Rica7,4192010
1478 Suriname6,2552009
1579 Colombia6,2252010
1680 Grenada6,0092010
1782 Dominica5,6492010
1884 Cuba5,5652008
1986 Saint Lucia5,3562010
2088 Peru5,2912010
CAN [5]5,2202010
2189 Dominican Republic5,1952010
2290 Jamaica5,1792010
2391 Saint Vincent and the Grenadines5,1372010
24103 Belize4,1532010
25104 Ecuador4,0732010
CARICOM [7]3,7222010[8]
26106 El Salvador3,5192010
SICA [6]3,4762010
27117 Guyana2,9452010
28121 Guatemala2,8632010
29122 Paraguay2,8622010
30133 Honduras2,0262010
31134 Bolivia1,9932010
32151 Nicaragua1,1322010
33165 Haiti6712010
RankWorld RankCountryUS$Year
 Cayman Islands47,0002008 est.
 Virgin Islands, British38,9002008
 Curaçao36,2002008 est.
 Falkland Islands35,4002002 est.
131 Bahamas, The24,3002010 est.
 Puerto Rico23,5002010 est.
 Aruba23,3002005 est.
 Sint Maarten21,9002008
243 Trinidad and Tobago16,8002010 est.
346 Barbados13,9002010 est.
450 Antigua and Barbuda12,7002010 est.
551 Uruguay12,2002010 est.
 Anguilla12,1002009 est.
653 Chile12,1002010 est.
756 Venezuela10,7002010 est.
857 Saint Kitts and Nevis10,6002010 est.
960 Brazil10,4002010 est.
Mercosur [4]10,0002010 est.
1064 Mexico9,2002010 est.
World9,2002010 est.
1165 Argentina9,0002010 est.
Latin America and Caribbean8,5002010 est.
1269 Costa Rica7,9002010 est.
1371 Panama7,9002010 est.
1476 Suriname6,7002010 est.
1578 Colombia6,5002010 est.
1679 Grenada6,3002010 est.
1780 Saint Lucia6,1002010 est.
1886 Saint Vincent and the Grenadines5,4002010 est.
1987 Peru5,3002010 est.
CAN [5]5,3002010 est.
2089 Dominican Republic5,3002010 est.
2190 Cuba5,2002010 est.
2291 Dominica5,2002010 est.
2393 Jamaica4,8002010 est.
2498 Belize4,4002010 est.
25103 Ecuador4,0002010 est.
CARICOM [7]3,9002010 est.
SICA [6]3,6002010 est.
26106 El Salvador3,6002010 est.
27114 Guatemala3,1002010 est.
28117 Guyana3,0002010 est.
29119 Paraguay2,9002010 est.
30132 Bolivia1,9002010 est.
31133 Honduras1,9002010 est.
32148 Nicaragua1,2002010 est.
33166 Haiti7002010 est.

Notes and references

  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

External links