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The economy of Central America is the eleventh-largest economy in Latin America, behind Brazil, Mexico, Argentina and Colombia. According to the World Bank , the nominal GDP of Central America reached 204 billion US dollar in 2010, as recovery from the crisis of 2009 , where gross domestic product (GDP) suffered a decline to 3.8%. [ 1 ]
Latin American and the Caribbean countries by GDP per capita PPP (2019). This is a list of Latin American and the Caribbean countries by gross domestic product at purchasing power parity in international dollars according to the International Monetary Fund 's estimates in the October 2023 World Economic Outlook database.
The Latin American economy is an export-based economy consisting of individual countries in the geographical regions of North America, Central America, South America, and the Caribbean. The socioeconomic patterns of what is now called Latin America were set in the colonial era when the region was controlled by the Spanish and Portuguese empires.
The world’s two most important financial institutions have just released their economic forecasts for Latin America, and they project a slower than expected growth for the region in 2024.
For starters, Nicaragua is now one of the safest countries in Central America, with a homicide rate of 7 per 100,000 -- the U.S. clocks in at 7.8, per the CDC. In terms of lifestyle, Nicaragua can ...
The first list includes estimates compiled by the International Monetary Fund's World Economic Outlook, the second list shows the World Bank's data, and the third list includes data compiled by the United Nations Statistics Division. The IMF's definitive data for the past year and estimates for the current year are published twice a year in ...
The Pareto principle, famously known as the 80-20 rule, sounds extremely relevant when we take a look at the list of richest people in the world. 15 Richest People in Central and South America ...
Map of the Latin American countries by Human Development Index in 2021. The Human Development Index (HDI) is a summary measure of average achievement in key dimensions of human development: a long and healthy life, knowledge, and a decent standard of living. It is a standard means of measuring well-being.