Guyana is the Richest Country in Latin America 🇬🇾

What We’re Showing

This graphic shows GDP per capita by country in Latin and South America, based on data from the IMF October 2024 World Economic Outlook.

Key Takeaways

• Guyana has the highest GDP per capita in Latin America driven by a large oil discovery off the coast, which is set to produce 1.3 million barrels of oil per day by 2027.
• Following next in line is Uruguay, known for its stable political environment and low income inequality.
• Mexico, America’s largest trading partner, could experience a decline in incomes and increased costs for American goods if the government enacts retaliatory tariffs.