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Saturday, 2 July 2011

Economy

Economy

Standard of living, consumption, and the environment

Computer factory in Guadalajara, Mexico.
According to Goldman Sachs' BRIC review of emerging economies, by 2050 the largest economies in the world will be as follows: China, United States, India, Brazil, and Mexico.[73] On a per capita basis most Latin American countries, including the largest ones (Argentina, Mexico, Brazil, Chile, Peru, Venezuela, and Colombia), have per capita GDPs greater than that of China in 2009. As of 2010 Latin America included five nations classified as high-income countries: Argentina, Chile, Uruguay, Mexico and Panama.[citation needed]
The following table lists all the countries in Latin America indicating a valuation of the country's GDP (Gross domestic product) based on purchasing-power-parity (PPP), GDP per capita also adjusted to the (PPP), a measurement of inequality through the Gini index (the higher the index the more unequal the income distribution is), the Human Development Index (HDI), the Environmental Performance Index (EPI), and the Quality-of-life index. GDP and PPP GDP statistics come from the International Monetary Fund with data as of 2006. Gini index, the Human Poverty Index HDI-1, the Human Development Index, and the number of internet users per capita come from the UN Development Program. The number of motor vehicles per capita come from the UNData base on-line. The EPI index comes from the Yale Center for Environmental Law and Policy and the Quality-of-life index from The Economist Intelligence Unit. Green cells indicate the 1st rank in each category, while yellow indicate the last rank.
Summary of socio-economic performance indicators for Latin American countries
Country↓ GDP (PPP)[74]
(2010 estimates)

Billions
of USD
↓
GDP per
capita
(PPP)[75]
(2010 estimates)

USD↓
Income
equality[76]
(2000–2010)

Gini index↓
Poverty
Index[77]
(2009)

HPI-1 %↓
Human
Develop.[78]
(2010)

HDI↓
Envirnm.
Perform.[79]
(2010)

EPI↓
Real GDP
growth[80]
(2010)
%
↓
Emissions
per
capita[81]
(2008)
ton CO2↓
 Argentina 632.223 15,603 48.8 3.7 0.775 (H) 61.0 7.5 4.4
 Bolivia 47.796 4,584 57.2 11.6 0.643 (M) 44.3 4.0 1.3
 Brazil 2,181.677 11,289 55.0 8.7 0.699 (H) 63.4 7.5 1.9
 Chile 257.546 14,982 52.0 3.2 0.783 (H) 73.3 5.0 4.4
 Colombia 429.866 9,445 58.5 7.6 0.689 (H) 76.8 4.7 1.4
 Costa Rica 51.130 10,732 48.9 4.6 0.725 (H) 86.4 3.8 1.5
 Cuba 111.1[82] 9,700[82] N/A 4.7 N/A 78.1 1.4[82] 2.7
 Dominican Republic 85.391 8,648 48.4 9.1 0.663 (M) 68.4 5.5 2.0
 Ecuador 113.825 7,952 54.4 7.9 0.695 (H) 69.3 2.9 1.9
 El Salvador 43.640 7,442 46.9 14.6 0.659 (M) 69.1 1.0 1.0
 Guatemala 69.958 4,871 53.7 19.7 0.560 (M) 54.0 2.4 0.8
 Haiti 11.056 1,122 59.5 31.5 0.404 (L) 39.5 -8.5 0.2
 Honduras 33.537 4,405 55.3 13.7 0.604 (M) 49.9 2.4 1.1
 Mexico 1,549.671 14,266 51.6 5.9 0.750 (H) 67.3 5.0 3.8
 Nicaragua 17.269 2,970 52.3 17.0 0.565 (M) 57.1 3.0 0.7
 Panama 43.725 12,398 54.9 6.7 0.755 (H) 71.4 6.2 1.9
 Paraguay 31.469 4,915 53.2 10.5 0.640 (M) 63.5 9.0 0.6
 Peru 274.276 9,281 50.5 10.2 0.723 (H) 69.3 8.3 1.2
 Uruguay 48.140 14,342 47.1 3.0 0.765 (H) 59.1 8.5 2.3
 Venezuela 346.973 11,889 43.4 6.6 0.696 (H) 62.9 -1.3 5.2
Total 6,270.231 11,119
10.1
76.2 4 2.3
Notes: (H) High human development; (M) Medium human development; (L) Low human development

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