Martes 23 de Julio 2019
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Argentina is declining on the Latinvex ranking of Latin America's richest countries. Here pedestrians on Calle Florida in capital Buenos Aires. (Photo: City of Buenos Aires)
Wednesday, May 8, 2019
Special Reports

Latin America: Panama Richest, Argentina Declines


Argentina and Venezuela declining in per capita GDP.

BY LATINVEX STAFF

Panama remains the richest country in Latin America, according to a Latinvex ranking based on new data from the International Monetary Fund (IMF).

Meanwhile, Venezuela and Argentina are declining on the ranking, which looks at gross domestic product based on purchasing-power-parity (PPP) per capita GDP to measure wealth.

While GDP per capita statistics remain controversial, the PPP measure is considered the most accurate way to track real wealth, although most of the countries in Latin America that rank high in PPP GDP per capita terms also have considerable inequality and poverty.  

Venezuela now ranks as ...

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Article Keywords: Argentina, Brazil, Chile, Dominican Republic, Honduras, Mexico, Nicaragua, Venezuela

Rank Keywords: Argentina, Bolivia, Brazil, Chile, Colombia, Costa Rica, Dominican Republic, Ecuador, El Salvador, Guatemala, Honduras, Mexico, Nicaragua, Panama, Paraguay, Peru, Uruguay and Venezuela


 

THE NUMBERS

Latin America GDP PPP 2019 Ranking

Latin America GDP PPP 2019-23: Ranking