Panama Richest Country in Latin America

While Venezuela getting poorer and poorer each year.

BY JOACHIM BAMRUD

PANAMA CITY – Panama became Latin America’s richest country last year and will remain so the next five years as well, according to a Latinvex analysis of new data and projections from the International Monetary Fund (IMF).

The data looks at gross domestic product based on purchasing-power-parity (PPP) per capita GDP to measure wealth.

According to the IMF, Panama replaced Chile as Latin America’s richest country ...

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