Latin America: 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