Publish in Analysis - Wednesday, April 19, 2023
Panama is the richest country in Latin America, according to Latinvex and IMF data. (Photo: Joachim Bamrud)
The Dominican Republic is on track to become the third-richest country in Latin America. Here the Sambil shopping mall in capital Santo Domingo. (Photo: Joachim Bamrud)
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...
Keywords: Brazil, Dollarized Economies, Dominican Republic, Ecuador, El Salvador, GDP, Honduras, Inflation, Mexico, Nicaragua, Panama, Uruguay, Venezuela
THE NUMBERS
Latin America GDP PPP 2023 Ranking
Latin America GDP Growth 2023: Best & Worst
Latin America GDP Growth 2024-28: Best & Worst