1. Latin American Economy
An Overview

2. Latin America

3. Topography and Climate

4. Population

5. GDP per capita
World map showing countries above and below the world GDP (PPP) per capita, currently $10, above world GDP (PPP) per capita below world GDP (PPP) per capita

6. Human Development Index
World map indicating the Human Development Index category by country:   
Very High (Developed Country)
   High (Developing country)
   Medium (Developing country)
   Low (Developing country)
   Data unavailable

7. Economy size GDP ($billion) Annual growth rate (2005-09) GDP/c ($)
GDP
($billion)
Annual growth rate
( )
GDP/c
($)
Population
(million)
Imports
Annual Import growth
FDI
Business
Environment
(ranking)
Brazil
1574
3.61
8220
191.48
138.6
17.83
25.9
127
Mexico
874
1.20
8134
107.55
240.4
4.62
12.5 35
Venezuela
325
5.84
11383
28.61
42.9
23.79
-3.1
172
Argentina
310
6.73
7725
40.13
43.9
15.02
4.9
115
Colombia
232
4.36
5167
44.98
33.2
15.20
7.2 39
Chile
161
3.35
9516
16.98
45.9
14.11
12.7 43
Peru
126
6.78
4356
29.10
22.5
19.54
4.7 36
Ecuador 55
3.85
3935
14.12
15.9
15.58
0.3
130
Dominican Rep. 46
7.39
4816
9.70
13.7
10.71
1.1 91
Guatemala 37
3.73
2688
14.01
11.8
10.47
0.6
101
Uruguay 31
5.98
9420
8.4
20.21
124
Costa Rica 29
4.81
6345
11.6
8.92
1.3
125
Panama 24
8.15
7175
3.47
43.1
18.84
1.7 72
El Salvador 21
2.11
3623
5.82
7.4
3.94
0.4 86
Bolivia 17
4.65
1708
10.23
3.7
19.77
149
Honduras 14
4.15
1911
7.47
7.9
-10.49
0.5
131
Paraguay
3.12
2265
6.28
6.5
24.05
0.0
106
Nicaragua 6
2.54
1071
5.74
3.4
11.23
117

8. Question
Why is it that a region rich in natural resources failed to match the development of other areas that were no more developed than Latin America in 1500?
Country
1870
1913
1950
2000
Argentina
420
804
1,013
3,810
Brazil
101
169
309
2,720
Mexico
110
143
282
6,230
U.K.
668
1,025
1,439
28,320
U.S.
567
1,344
2,384
37,870
UNIT: $

9. Economic growth of Latin America
Resource Boom
ISP
Econ Reform
Debt Relief
Subprime Crisis
Debt Crisis
Mexican Crisis
European Crisis
Brazilian Crisis
Lost Decade
Argentine Crisis

10. Growth of LA and Asian NICs

11. Growth of LA countries

12. Import Substitution Policy
Consequences
Low productivity growth
Low interest rates and over capacity
Decline of agriculture
Fiscal deficit and inflation
Dependency on imports of essential inputs
Production of cars in LA: 1968
Annual
production
number of
firms
Highest
Lowest
Argentina
180,976 10
41,280
1,093
Brazil
279,564 9
154,972
949
Chile
18,042 6 -
Peru
10,115
2,346 92

13. Inflation in Latin America

14. External Debt/GDP of LA

15. Income Distribution in LA
Latin America and the Caribbean have the greatest disparities in income distribution in the world.
Similar to African countries, whose per capita income levels are half those of Latin America.

16. Evolution of LA’s Gini Index