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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 ...
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
