Panama Remains Richest Country in Latin America

As fast-growing Dominican Republic moving up towards the top.

BY LATINVEX STAFF

Panama remains the richest country in Latin America, followed by Chile and Uruguay, according to a Latinvex analysis of new data from the International Monetary Fund (IMF).

Meanwhile, the Dominican Republic will see Latin America’s highest growth rate during the five-year period from 2024 to 2028 and become the third-richest country in the region in per capita terms in 2028, according to our analysis.

The country is among the few in Latin America today that has a pro-business president – Luis Abinader, who...

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Keywords: Brazil, Dollarized Economies, Dominican Republic, Ecuador, El Salvador, GDP, Honduras, Inflation, Mexico, Nicaragua, Panama, Uruguay, Venezuela