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LatAM Countries by Nominal GDP
listGDP 2026 USD bn
Brazil2186.983
Mexico1775.296
Argentina715.376
Colombia445.650
Chile357.690
Peru319.095
Ecuador130.310
Venezuela101.020
Panama97.249
Uruguay85.164
Bolivia65.851
Paraguay48.088

GDP Rankings PPP (current international dollar bn)

listPPP GDP 2026 (current int. dollar bn)
Brazil5166.978
Mexico3517.667
Argentina1595.046
Colombia1248.764
Chile741.547
Peru674.258
Ecuador313.172
Venezuela216.290
Panama212.706
Bolivia148.572
Paraguay144.304
Uruguay136.515

GDP Rankings (PPP) share of world total Percent

listPPP GDP 2026 Share in World Total Pct
Brazil2.375
Mexico1.617
Argentina0.733
Colombia0.574
Chile0.341
Peru0.310
Ecuador0.144
Venezuela0.099
Panama0.098
Bolivia0.068
Paraguay0.066
Uruguay0.063

GDP Rankings per capita nominal USD

listGDP Per Capita USD
Uruguay24191.019
Panama21045.024
Chile17600.433
Argentina14882.507
Mexico13208.332
Brazil10215.584
Peru9181.794
Colombia8333.855
Ecuador7142.693
Paraguay6816.586
Bolivia5211.685
Venezuela3757.182

GDP Rankings Average per capita PPP

listGDP Per Capita PPP (current int. dollar)
Panama38603.898
Uruguay32520.842
Chile30601.386
Argentina27829.202
Mexico21949.163
Brazil20241.394
Colombia19584.764
Paraguay17154.993
Peru16271.175
Ecuador14396.395
Bolivia9861.328
Venezuela6746.511

Population Rankings

listCombined Population mln
Brazil214.083
Mexico134.407
Colombia53.475
Argentina48.068
Peru34.753
Venezuela26.887
Chile20.323
Ecuador18.244
Bolivia12.635
Paraguay7.055
Panama4.621
Uruguay3.520

Debt vs. GDP Rankings (Avg)

listGeneral government gross debt Percent of GDP
Brazil96.008
Bolivia92.497
Uruguay68.281
Argentina68.233
Mexico61.145
Colombia59.903
Panama58.272
Chile43.415
Paraguay42.676
Peru34.714
Ecuador
Venezuela

LatAM

  • As of early August 2026, Latin American economies face a mixed outlook: Brazil's recent 7-July COPOM meeting maintained interest rates steady amid moderating inflation pressures, reflecting a cautious stance due to global demand uncertainties. Mexico shows resilience with stable remittances and gradual fiscal consolidation, but elevated commodity price volatility challenges export-driven growth. Political and social unrest in some countries poses risks to investment flows and policy continuity, while external shocks from tighter global financial conditions and China’s slowing imports remain key downside risks.
  • Brazil Central Bank July 2026 COPOM Minutes
  • Mexico July 2026 Economic Report—Banxico Update
  • IMF Regional Economic Outlook: Western Hemisphere July 2026
  • Latin America Investment Risks Rise With Political Unrest—Financial Times, July 2026
  • World Bank Commodity Markets Outlook July 2026
  • The latest LatAM economic policy discussions, centered on the July 2026 meetings of key central banks including Brazil's BCB and Mexico's Banxico, emphasize cautious monetary tightening amid slowing inflation momentum and external uncertainties such as USD strength and global growth moderation. Brazil maintained its Selic rate steady, signaling confidence in inflation convergence, while Mexico paused hikes citing growth risks. The main risk remains external shock susceptibility, particularly from US monetary policy shifts and commodity price volatility, which could reaccelerate inflation and pressure fiscal balances.
  • Brazil Central Bank July 2026 Statement
  • Banco de México July 2026 Monetary Policy Decision
  • Lat — Am Central Banks Navigate Global Uncertainty
  • Latin America Inflation Cools, Central Banks Hold
  • LatAm negotiations in mid-2026 center on debt restructuring talks with major sovereign borrowers such as Argentina and Ecuador amid tighter global financial conditions. The drive to secure IMF and creditor agreements aims to preserve macroeconomic stability and access to international capital. However, risks stem from political uncertainty and potential creditor fragmentation, which could delay settlements and exacerbate fiscal pressures across the region.
  • Argentina Reaches New IMF Agreement in July 2026
  • Ecuador Debt Talks Intensify Amid Fiscal Strain - Latin Finance, July 2026
  • Lat — Am Sovereign Debt Outlook and Market Impact - Moody’s August 2026
  • IMF Latin America Department: Regional Economic Developments and Policy Issues, Q2 2026
  • In mid-2026, Latin American economies are navigating uneven recovery trajectories amid global growth uncertainties and tighter global financial conditions. Brazil and Mexico show moderate GDP growth supported by stable commodity prices and domestic reforms, while Argentina struggles with inflationary pressures and fiscal imbalances. The main downside risk remains external shocks, including potential US monetary policy shifts and China’s demand softness, which could dampen export revenues and capital flows.
  • Lat — Am Economic Outlook - July 2026
  • Argentina
    Bolivia
    Brazil
    Chile
    Colombia
    Cuba
    Ecuador
    Mexico
    Paraguay
    Panama
    Peru
    Uruguay
    Venezuela

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    GDP Rankings per capita nominal USD

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    GDP Rankings Average per capita PPP

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    GDP Growth Rankings %

    list2026 GDP Growth
    Argentina4.520
    Panama4.000
    Paraguay3.500
    Colombia2.625
    Peru2.610
    Uruguay2.600
    Chile2.182
    Ecuador2.117
    Brazil1.984
    Mexico1.370
    Bolivia0.900
    Venezuela-5.500

    Investment to GDP

    listInvestment levels to GDP
    Panama44.185
    Mexico24.268
    Chile23.661
    Paraguay22.925
    Ecuador21.690
    Colombia20.003
    Peru18.093
    Brazil16.661
    Uruguay15.117
    Argentina14.775
    Bolivia13.696
    Venezuela

    Budget Balance/GDP

    listBudget Balance/GDP
    Argentina1.799
    Bolivia
    Ecuador
    Venezuela
    Chile-1.271
    Paraguay-1.364
    Uruguay-2.679
    Peru-2.885
    Colombia-3.119
    Mexico-3.176
    Panama-3.497
    Brazil-7.817

    Average Current Account Balance/GDP

    listCurrent Account Balance/GDP
    Ecuador2.641
    Peru1.323
    Argentina-0.285
    Venezuela-0.479
    Mexico-1.130
    Uruguay-1.662
    Panama-1.770
    Brazil-2.247
    Chile-2.427
    Colombia-2.431
    Paraguay-2.711
    Bolivia-3.030