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In 2024, according to International Monetary Fund (IMF), Brazil had the 10th largest nominal gross domestic product in the world, but the 7th largest purchasing power parity GDP in the world. [ 4 ] [ 5 ] In 2024, according to Forbes , Brazil was the 7th largest country in the world by number of billionaires. [ 32 ]
This is a list of Latin American and Caribbean countries by gross domestic product (nominal) in USD according to the International Monetary Fund's estimates in April 2024 World Economic Outlook database. Cuba is not included in the list due to lack of economic data.
Latin American and the Caribbean nations by estimated GDP (PPP) in 2023 [1] Rank Nation GDP (PPP) in International Dollars Total (billions) Per capita 1 Brazil: 4,101.022 20,079 2 Mexico: 3,277.601 24,796 3 Argentina: 1,239.515 26,506 4 Colombia: 1,016.124 19,482 5 Chile: 597.520 29,935 6 Peru: 548.465 15,894 7 Dominican Republic: 273.703 ...
Stocks ended 2024 near record highs. ... Below is a collection of 10 charts that tell the story of market and economic resiliency in 2024 — with all eyes set on 2025. ... GDP remains strong and ...
Gross domestic product (GDP) is the market value of all final goods and services from a nation in a given year. [2] Countries are sorted by nominal GDP estimates from financial and statistical institutions, which are calculated at market or government official exchange rates.
These figures have been taken from the International Monetary Fund's World Economic Outlook (WEO) Database, October 2024 Edition. [1] The figures are given or expressed in Millions of International Dollars at current prices.
GDP comparisons using PPP are arguably more useful than those using nominal GDP when assessing the domestic market of a state because PPP takes into account the relative cost of local goods, services and inflation rates of the country, rather than using international market exchange rates, which may distort the real differences in per capita ...
These figures have been taken from the International Monetary Fund's World Economic Outlook (WEO) Database (October 2024 edition) and/or other sources. [1] For older GDP trends, see List of regions by past GDP (PPP).