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List of South American countries by GDP (nominal)

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List of South American countries by GDP (nominal)


This article includes for each section three lists of countries of South America sorted by their gross domestic product (GDP) and by their gross domestic product per capita.

The figures presented here do not take into account differences in the cost of living in different countries, and the results can vary greatly from one year to another based on fluctuations in the exchange rates of the country's currency. Such fluctuations may change a country's ranking from one year to the next, even though they often make little or no difference to the standard of living of its population. Therefore these figures should be used with caution.

Comparisons of national wealth are also frequently made on the basis of purchasing power parity (PPP), to adjust for differences in the cost of living in different countries. (See List of countries by GDP (PPP) and List of countries by GDP (PPP) per capita.) PPP largely removes the exchange rate problem, but has its own drawbacks; it does not reflect the value of economic output in international trade, and it also requires more estimation than GDP per capita. On the whole, PPP per capita figures are more narrowly spread than nominal GDP per capita figures.

Great care should be taken when using either set of figures to compare the wealth of two countries. Often people who wish to promote or denigrate a country will use the figure that suits their case best and ignore the other one, which may be substantially different, but a valid comparison of two economies should take both rankings into account, as well as utilising other economic data to put an economy in context.

These lists includes countries and territories which are commonly included in South America. Sometimes Aruba, Bonaire, Curacao, Panama and Trinidad and Tobago may also be included in South America. The precise listing of South American countries may vary. GDP of South America was 5.6% of the world GDP in 2010.

Non-sovereign entities which are not considered to be countries (world, the South America totals, regional trade blocs and a dependent territory) are included in the list because they appear in the sources or gives useful and relevant comparative information between trade blocs and countries of the region. These economies are not ranked in the charts here, but are listed in sequence by GDP for comparison. The country aggregates are marked in bold and italics and the dependent territories are marked in italics.

  • The second list includes data (mostly) for the year 2010 from the World Bank.
  • The third list includes data from The World Factbook, provided by the US Central Intelligence Agency. Data between countries are not always comparable as it may refer to different years. Figures are mostly estimates for 2010.

GDP (Nominal)

This section includes three lists of countries of South America sorted by their GDP, the market value of all final goods and services from a nation in a given year. The GDP dollar estimates presented here are calculated at market or government official exchange rates.

List by the International Monetary Fund (2010)[1] List by the World Bank (2009–2010)[2] List by the CIA World Factbook (2002–2010)[3]
Rank World Rank Country GDP (millions of US$)
World 62,911,253
South America 3,542,535
Mercosur[4] 2,519,005
1 7  Brazil 2,090,314
CAN[5] 521,023
2 28  Argentina 369,992
3 34  Venezuela 293,268
4 35  Colombia 289,433
5 43  Chile 203,299
6 50  Peru 153,802
7 67  Ecuador 57,978
8 79  Uruguay 40,272
9 100  Bolivia 19,810
10 102  Paraguay 18,427
11 150  Suriname 3,682
12 155  Guyana 2,258
Rank World Rank Country GDP (millions of US$) Year
World 63,044,068 2011
1 7  Brazil 2,476,652 2011
CAN[5] 520,730 2010
2 25  Argentina 445,989 2011
3 27  Colombia 331,655 2011
4 33  Venezuela 316,482 2011
5 42  Chile 248,858 2011
6 49  Peru 174,662 2011
7 67  Ecuador 67,000 2011
8 78  Uruguay 46,716 2011
9 99  Bolivia 24,427 2011
10 101  Paraguay 23,877 2011
11 152  Suriname 3,252 2011
12 156  Guyana 2,222 2011
Rank World Rank Country GDP (millions of US$) Year
World 63,170,000 2010 est.
South America 3,537,000 2010 est.
Mercosur[4] 2,519,000 2010 est.
1 7  Brazil 2,090,000 2010 est.
CAN[5] 516,600 2010 est.
2 27  Argentina 370,300 2010 est.
3 34  Venezuela 290,700 2010 est.
4 35  Colombia 285,500 2010 est.
5 44  Chile 203,300 2010 est.
6 50  Peru 152,800 2010 est.
7 67  Ecuador 58,910 2010 est.
8 80  Uruguay 40,270 2010 est.
9 103  Bolivia 19,370 2010 est.
10 104  Paraguay 18,480 2010 est.
11 152  Suriname 3,682 2010 est.
12 157  Guyana 2,215 2010 est.
 Falkland Islands 105.1 2002 est.

GDP (Nominal) per capita


This section includes three lists of countries of South America sorted by their gross domestic product per capita at nominal values, the value of all final goods and services produced within a nation in a given year, converted at market or government official exchange rates to current U.S. dollars, divided by the average (or mid-year) population for the same year.

International Monetary Fund (2012)[6] World Bank (2009–2010)[2] CIA World Factbook (2002–2010)[7]
Rank World Rank Country US$
1 49  Chile 15,410
2 50  Uruguay 14,614
3 54  Venezuela 12,614
4 59  Argentina 11,576
World [8] 9,238
6 74  Suriname 6,975
7 79  Colombia 6,360
8 86  Peru 5,205
CAN [5] 5,196
9 98  Ecuador 3,921
10 111  Guyana 2,923
11 114  Paraguay 2,878
12 127  Bolivia 1,900
Rank World Rank Country US$ Year
1 49  Chile 15,410 2012
2 50  Uruguay 14,614 2012
3 54  Venezuela 12,614 2012
4 59  Argentina 11,576 2012
6 78  Suriname 6,255 2009
7 79  Colombia 6,225 2010
8 88  Peru 5,291 2010
CAN [5] 5,220 2010
9 104  Ecuador 4,073 2010
10 117  Guyana 2,945 2010
11 122  Paraguay 2,862 2010
12 134  Bolivia 1,993 2010
Rank World Rank Country US$ Year
 Falkland Islands 35,400 2002 est.
1 51  Uruguay 12,200 2010 est.
2 53  Chile 12,100 2010 est.
3 56  Venezuela 10,700 2010 est.
4 60  Brazil 10,400 2010 est.
Mercosur [4] 10,000 2010 est.
World 9,200 2010 est.
5 65  Argentina 9,000 2010 est.
South America 8,900 2010 est.
6 76  Suriname 6,700 2010 est.
7 78  Colombia 6,500 2010 est.
8 87  Peru 5,300 2010 est.
CAN [5] 5,300 2010 est.
9 103  Ecuador 4,000 2010 est.
10 117  Guyana 3,000 2010 est.
11 119  Paraguay 2,900 2010 est.
12 132  Bolivia 1,900 2010 est.

Past top countries

The list below displays the top-ranked country from each year of the index



Notes and references

See also

  • South America
  • South America Life Quality Rankings
  • South America Life Quality Rankings - Economy and Finance
  • South America Life Quality Rankings - Law and Justice

External links

  • Chart of GDP per capita at current prices by Google, World Bank data
  • Map & Graph: GDP and population
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